{"id":18017,"date":"2024-04-14T05:38:06","date_gmt":"2024-04-14T05:38:06","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/ampl-2-day-deadline-alert-hagens-berman-national-trial-attorneys-encourages-amplitude-ampl-investors-with-substantial-losses-to-contact-firms-attorneys-before-apr-15th-deadline-in-secur\/"},"modified":"2024-04-14T05:38:06","modified_gmt":"2024-04-14T05:38:06","slug":"ampl-2-day-deadline-alert-hagens-berman-national-trial-attorneys-encourages-amplitude-ampl-investors-with-substantial-losses-to-contact-firms-attorneys-before-apr-15th-deadline-in-secur","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/ampl-2-day-deadline-alert-hagens-berman-national-trial-attorneys-encourages-amplitude-ampl-investors-with-substantial-losses-to-contact-firms-attorneys-before-apr-15th-deadline-in-secur\/","title":{"rendered":"AMPL 2-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Amplitude (AMPL) Investors with Substantial Losses to Contact Firm\u2019s Attorneys Before Apr. 15th Deadline in Securities Class Action"},"content":{"rendered":"
\n

SAN FRANCISCO, April 13, 2024 (GLOBE NEWSWIRE) — Hagens Berman urges Amplitude, Inc. (NASDAQ: AMPL) <\/strong>investors who suffered substantial losses during the Class Period to submit your losses now<\/a>.<\/p>\n

Class Period: <\/strong>Sept. 21, 2021 \u2013 Feb. 16, 2022
Lead Plaintiff Deadline: <\/strong>Apr. 15, 2024
Visit<\/strong>: www.hbsslaw.com\/investor-fraud\/AMPL<\/a>
Contact An Attorney Now<\/strong>: AMPL@hbsslaw.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0844-916-0895<\/strong><\/p>\n

Amplitude, Inc. (NASDAQ: AMPL) Securities Fraud Class Action: <\/strong><\/p>\n

The litigation focuses on Amplitude\u2019s assurances that its \u201cland-and-expand\u201d business model (whereby it grew revenue by upselling existing clients on increased usage and new products) would continue to support revenue growth acceleration.<\/p>\n

The complaint alleges that Amplitude made misleading statements and failed to disclose that: (1) Amplitude\u2019s land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; and (2) the rapid acceleration in Amplitude\u2019s Q2 2021 results was due to the short-lived effects of the COVID-19 pandemic which had not continued by the start of the Class Period, as Amplitude\u2019s clients were expanding at a slower pace.<\/p>\n

Investors learned the truth on Feb. 16, 2022, when Amplitude announced financial results for Q4 2021 and revised downward its fiscal 2022 guidance. The company revealed that its land-and-expand strategy was in fact poised to \u201ctake a few years\u201d before it was expected to accelerate results and that (despite prior assurances of sustainable growth) Amplitude management \u201creally [did not] know\u201d when this impact would occur.<\/p>\n

This news drove the price of Amplitude shares crashing $24.51, or over 58%, lower on Feb. 17, 2022.<\/p>\n

\u201cWe\u2019re investigating whether Amplitude may have misled investors about the sustainability of its plan for accelerating growth,\u201d said Reed Kathrein, the Hagens Berman partner leading the Amplitude investigation.<\/p>\n

If you invested in Amplitude during the Class Period and have substantial losses, or have knowledge that may assist the firm\u2019s investigation, contact Hagens Berman now<\/a> \u00bb<\/p>\n

If you\u2019d like more information and answers to frequently asked questions about the Amplitude case and our investigation, read more<\/a> \u00bb<\/a><\/p>\n

Whistleblowers: <\/strong>Persons with non-public information regarding Amplitude should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email AMPL@hbsslaw.com<\/a>.<\/p>\n

About Hagens Berman<\/a>
Hagens Berman is a global plaintiffs\u2019 rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at\u00a0hbsslaw.com<\/a>. Follow the firm for updates and news at\u00a0@ClassActionLaw<\/a>.\u00a0<\/p>\n

Attorney advertising.<\/strong>
Past results do not guarantee future outcomes.<\/strong>
Services may be performed by attorneys in any of our offices<\/strong>.\u00a0<\/p>\n

Contact: <\/u>
Reed Kathrein, 844-916-0895<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

SAN FRANCISCO, April 13, 2024 (GLOBE NEWSWIRE) — Hagens Berman urges Amplitude, Inc. (NASDAQ: AMPL) investors who suffered substantial losses during the Class Period to submit your losses now. Class Period: Sept. 21, 2021 \u2013 Feb. 16, 2022Lead Plaintiff Deadline: Apr. 15, 2024Visit: www.hbsslaw.com\/investor-fraud\/AMPL Contact An Attorney Now: AMPL@hbsslaw.com \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0844-916-0895 Amplitude, Inc. (NASDAQ: AMPL) Securities […]<\/p>\n","protected":false},"author":2,"featured_media":18018,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/51670c91-d369-4a8c-8102-d393de9f6d19","fifu_image_alt":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-18017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/18017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=18017"}],"version-history":[{"count":0,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/18017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/18018"}],"wp:attachment":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=18017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=18017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=18017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}