Lucid Alternative Fund, LP v. Five9, Inc. et al

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Case overview

Case Number:

5:24-cv-08725

See also:

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

P. Casey Pitts

Firms

  1. February 24, 2026

    Software Co. Five9 Can't Shake Investor's Growth Slash Suit

    Call center software company Five9 Inc. must face a proposed investor class action alleging it concealed struggles to meet its revenue guidance, hurting investors when trading prices fell in 2024 after it abruptly slashed its financial projections for the year.

  2. December 05, 2024

    Software Co. Five9 Sued After Surprise Guidance Slash

    Cloud-based customer contact center Five9 Inc. and two of its executives face claims they misrepresented that the company was on track for healthy revenue growth, only to hurt investors by reversing course nine weeks later when they slashed Five9's financial guidance for the year.