Thieler Law Corp advises investors with losses exceeding $100,000 of the November 18, 2019 lead plaintiff deadline in a class action lawsuit filed against Slack Technologies Inc. (NYSE: WORK) (“Slack” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Slack Technologies Inc pursuant or traceable to Slack’s initial public offering of ordinary shares conducted in June 2019, have until November 18, 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 Slack Technologies 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 the Company's Slack Platform was susceptible to recurring service-level disruptions; such disruptions were increasingly likely to occur as the Company scaled its services to a larger user base; the Company provides credits even if a customer was not specifically affected by service-level disruptions; as a result, any service-level disruptions would have a material adverse impact on the Company's financial results; and as a result, Slack's public statements were materially false and misleading at all relevant times.

On June 2019, the Company went public and it’s stock began trading on the NYSE at an opening price of $38.50 per share.

On September 4, 2019, the Company announced its financial results for its second fiscal quarter, revealing that outlooks and sales growth would not be as robust as expected.

Following this news, Slack shares have significantly dropped, harming investors.

If you were negatively impacted by your investment in Slack Technologies Inc securities pursuant or traceable to Slack’s initial public offering of ordinary shares conducted in June 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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