What Is the Qualys, Inc. (QLYS) Class Action Lawsuit About?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Qualys, Inc. (“Qualys” or “the Company”) (NASDAQ: QLYS). Investors who purchased Qualys securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Qualys has violated federal securities laws.
Investigation Details:
On February 5, 2024, Morgan Stanley outlined material topline risks to Qualys resulting from Microsoft’s plan to end its partnership with Qualys. Microsoft is estimated to account for at least 5-10% of Qualys’s revenue. On this news, Qualys’s stock price fell $19.63 per share, or 10.45%, to close at $168.24 per share on February 5, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Qualys securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
How Did Qualys, Inc. (QLYS) Stock React to the Disclosures?
How Is BG&G Representing Investors in Securities Class Actions?
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”