2022-09-24 22:30
YEXT INVESTIGATION INITIATED by Former Louisiana Attorney General Kahn Swick & Foti, LLC Investigates the Officers and Directors of Yext, Inc.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ('KSF'), announces that KSF has commenced an investigation into Yext, Inc. (NYSE: YEXT). Throughout 2021, amidst the resurgence of the COVID-19 virus, the Company consistently assured investors that pandemic-related impacts on its business were limited as the Company adapted to lockdowns and improved efficiencies in its sales and other operations. However, on March 8, 2022, the Company disclosed disappointing fourth quarter and FY 2022 fiscal results, as well as the departure of its CEO and CFO, subsequently citing 'a really significant disruption in our business' such as 'in Q4…over 50% of our in-person events were canceled because of the Omicron surges.
https://www.wallstreet-online.de/nachricht/15973980-yext-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-yext-inc-yext
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https://www.wallstreet-online.de/nachricht/15973980-yext-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-yext-inc-yext
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