Investor Alert – ON24 Inc. – Class Action

Posted on December 5, 2021Comments Off on Investor Alert – ON24 Inc. – Class Action

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages ON24, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – ONTF

NEW YORK (STL.New) The Rosen Law Firm released the following information via PRNewswire:

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ON24, Inc. (NYSE: ONTF) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s February 3, 2021, initial public offering (“IPO”) of the important January 3, 2022 lead plaintiff deadline.

SO WHAT: If you purchased ON24 securities pursuant and/or traceable to the IPO, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the ON24 class action, go to http://www.rosenlegal.com/cases-register-2196.html or call Phillip Kim, Esq. toll-free at +1 866-767-3653 or email [email protected] or [email protected] for information on the class action.  A class-action lawsuit has already been filed.  If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2022.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.  Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition.  Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel.  The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.  Rosen Law Firm has achieved the largest-ever securities class action settlement against a Chinese Company.  Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for a number of securities class action settlements in 2017.  The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors.  In 2019 alone, the firm secured over $438 million for investors.  In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar.  Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, representations made in the registration statement and prospectus used to effectuate the Company’s IPO were materially inaccurate, misleading, and/or incomplete because they failed to disclose, among other things, that the surge in COVID-19 customers observed in the lead up to the IPO consisted of a significant number that did not fit ON24’s traditional customer profile, and, as a result, were significantly less likely to renew their contracts.

To join the ON24 class action, go to http://www.rosenlegal.com/cases-register-2196.html or call Phillip Kim, Esq. toll-free at +1 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one.  You may select counsel of your choice.  You may also remain an absent class member and do nothing at this point.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.

The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016

Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827

[email protected]
[email protected]
[email protected]
www.rosenlegal.com

SOURCE: The Rosen Law Firm via PRNewswire

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