Recent Security Class Actions

Everbridge Inc. Common Stock (NASDAQ: EVBG)

Company Name:Everbridge Inc. Common Stock
Stock Symbol:NASDAQ: EVBG
Class Period Start:11/04/2019
Class Period End (inclusive):02/24/2022
Filing Deadline:06/03/2022

The Complaint alleges that, throughout the Class Period, Defendants misled investors by: (1) failing to disclose that Everbridge was experiencing integration problems with respect to these acquisitions; (2) using the revenues from these acquisitions to mask increasingly stagnant organic growth; and (3) failing to disclose that the COVID pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, with a negative effect on the Company’s revenue growth.