CLASS ACTION UPDATE for ARGO, CMP and FRSH: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

ACCESSWIRE
23 Nov 2022, 02:13 GMT+10

NEW YORK, NY / ACCESSWIRE / November 22, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

ARGO Shareholders Click Here: https://www.zlk.com/pslra-1/argo-group-loss-submission-form?prid=33963&wire=1
CMP Shareholders Click Here: https://www.zlk.com/pslra-1/compass-minerals-loss-submission-form?prid=33963&wire=1
FRSH Shareholders Click Here: https://www.zlk.com/pslra-1/freshworks-class-action-loss-submission-form?prid=33963&wire=1

* ADDITIONAL INFORMATION BELOW *

Argo Group International Holdings, Ltd. (NYSE:ARGO)

This lawsuit is on behalf of investors that purchased or otherwise acquired Argo common stock between February 13, 2018 and August 9, 2022.
Lead Plaintiff Deadline : December 20, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/argo-group-loss-submission-form?prid=33963&wire=1

According to the filed complaint, (1) Argo's reserves were wholly inadequate and its underwriting standards were not prudent as was represented; (ii) Argo had dramatically changed its underwriting policies on certain U.S. construction contracts as far back as 2018; and (iii) these policies were underwritten outside of the Company's 'core' business including in certain states and for certain exposures that were far riskier than investors understood and that the Company no longer would service moving forward.

Compass Minerals International, Inc. (NYSE:CMP)

This lawsuit is on behalf of all purchasers of Compass Minerals common stock between October 31, 2017 and November 18, 2018, inclusive.
Lead Plaintiff Deadline : December 20, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/compass-minerals-loss-submission-form?prid=33963&wire=1

According to the filed complaint, 1) costs at the Company's salt mine in Goderich, Ontario were increasing rather than decreasing; 2) defendants had misrepresented the amount of salt the Company was able to produce at Goderich using the new continuous mining and continuous haulage equipment; and 3) the known and ongoing production shortfalls the Company was experiencing were reasonably expected to reduce its future operating income.

Freshworks Inc. (NASDAQ:FRSH)

This lawsuit is on behalf of persons and entities that purchased Freshworks common stock pursuant to and/or traceable to documents issued in connection with the Company's initial public offering.
Lead Plaintiff Deadline : January 3, 2023
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/freshworks-class-action-loss-submission-form?prid=33963&wire=1

According to the complaint, the documents used to effectuate Freshworks' initial public offering were false and misleading and omitted to state that, at the time of the initial public offering, the Company's business had encountered obstacles. As a result of these obstacles, Freshworks' net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE : Levi & Korsinsky, LLP

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