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LOS ANGELES, CA / ACCESSWIRE / September 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors. Elastic announced its first quarter financial results on August 29, 2024. The Company also revised its annual revenue guidance, stating: "we had a slower begin to the yr with the amount of customer commitments impacted by segmentation changes that we made at first of the yr, that are taking longer than expected to settle." Based on this news, shares of Elastic fell by 26.49%.
When you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to debate your rights freed from charge. You may as well reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com
The Schall Law Firm represents investors world wide and focuses on securities class motion lawsuits and shareholder rights litigation.
This press release could also be considered Attorney Promoting in some jurisdictions under the applicable law and rules of ethics.
CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335info@schallfirm.comwww.schallfirm.com
SOURCE: The Schall Law Firm
View the original press release on accesswire.comNEW YORK, NY / ACCESSWIRE / September 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.") (NYSE:ESTC) concerning possible violations of federal securities laws.
Elastic announced on August 30, 2024, that it was reducing its revenue forecast for the year, a move that prompted a flurry of downgrades from market analysts. A major concern was the disruption within the sales organization, which appeared during a period of strategic realignment aimed at improving sales efficiency and effectiveness. Moreover, the company has been facing a decrease in demand across the regions of Europe, the Middle East, and Africa, further complicating its financial outlook. On this news, Elastic's stock was trading significantly lower in pre-market trading on that day. To obtain additional information, go to:
https://zlk.com/pslra-1/elastic-n-v-lawsuit-submission-form?prid=102963&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004jlevi@levikorsinsky.com Tel: (212)363-7500 Fax: (212)363-7171https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on accesswire.comLOS ANGELES, CA / ACCESSWIRE / September 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors. Elastic announced its first quarter financial results on August 29, 2024. The Company also revised its annual revenue guidance, stating: "we had a slower begin to the yr with the amount of customer commitments impacted by segmentation changes that we made at first of the yr, that are taking longer than expected to settle." Based on this news, shares of Elastic fell by 26.49%.
When you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to debate your rights freed from charge. You may as well reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com
The Schall Law Firm represents investors world wide and focuses on securities class motion lawsuits and shareholder rights litigation.
This press release could also be considered Attorney Promoting in some jurisdictions under the applicable law and rules of ethics.
CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335info@schallfirm.comwww.schallfirm.com
SOURCE: The Schall Law Firm
View the original press release on accesswire.comWhite Label
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