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Stock impact report

LSPD Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Lightspeed Commerce, Inc. Investors of Class Action and Lead Deadline: January 18, 2022 [MarketWatch]

Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) 
Company Research Source: MarketWatch
notifies investors that a class action lawsuit has been filed against Lightspeed Commerce, Inc. ("Lightspeed" or the "Company") (NYSE: LSPD) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Lightspeed between September 11, 2020, and September 28, 2021, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/lspd This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Lightspeed had misrepresented the strength of its business by, inter alia , overstating its customer count, gross transaction volume ("GTV"), and increase in Average Revenue Per User ("ARPU"), while concealing the Company's declining organic growth and business deterio Show less Read more
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