![]() To join the Adobe class action, go to or call Phillip Kim, Esq. When the true details entered the market, the lawsuit claims that investors suffered damages. As a result, certain statements were materially false and misleading because they failed to disclose that: (1) Figma was growing its market share and was becoming a leader in user experience design (2) Figma was in direct competition with Adobe on user experience design (3) Adobe’s product “Express” was not an effective counter to Figma’s growing market share in bringing new customers to Adobe’s paid offerings (4) Adobe’s other offerings were not succeeding in competing with Figma on user experience design and (5) Adobe was losing market share to Figma. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.ĭETAILS OF THE CASE: According to the lawsuit, during the Class Period, Defendants falsely downplayed competition from Figma and misleadingly suggested that Adobe’s existing offerings were adequate to counter any harms the Company may have otherwise faced due to Figma’s growing market position. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. In 2019 alone the firm secured over $438 million for investors. ![]() The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to serve as lead plaintiff, you must move the Court no later than December 19, 2023. A class action lawsuit has already been filed. ![]() toll-free at 86 or email or for information on the class action. WHAT TO DO NEXT: To join the Adobe class action, go to or call Phillip Kim, Esq. SO WHAT: If you purchased Adobe common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ![]() (NASDAQ: ADBE) between Jand September 15, 2022, both dates inclusive (the “Class Period”). Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Adobe Inc. ![]()
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