Pluralsight Inc

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Case Summary
Company Name: Pluralsight Inc
Stock Symbol : NASDAQ: PS
Class Period Start: 08/02/2018
Class Period End: 07/31/2019
Lead Plaintiff motion: 10/15/2019
Date Filed: 08/13/2019
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the October 15, 2019 lead plaintiff deadline in a class action lawsuit filed against Pluralsight Inc (NASDAQ: PS) (“Pluralsight” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Pluralsight Inc securities between August 2, 2018 and July 31, 2019, have until October 15, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Pluralsight Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Pluralsight was experiencing sales execution challenges which impacted its billings; Pluralsight was experiencing substantial delays in hiring and properly training its salesforce that would be necessary to meet its lofty billing projections; Pluralsight was behind on the onboarding of new sales representatives which was causing sales execution issues and preventing the Company from meeting its high growth projections; and as a result, Pluralsight’s public statements were materially false and misleading at all relevant times.

If you were negatively impacted by your investment in Pluralsight Inc securities between August 2, 2018 and July 31, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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