Yext, Inc.
(NYSE: YEXT)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Yext, Inc. ("Yext" or the "Company") on behalf of stockholders. A class action complaint has been filed against Yext. The complaint alleges that defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.