OKTA ALERT: Klein Law Firm

NEW YORK, May 31, 2022 /PRNewswire/ — Klein Law Firm Announces Class Action Lawsuit Has Been Filed on Behalf of Okta, Inc. (NASDAQ: OKTA) Shareholders Alleging the Company Violated Federal Securities Laws .

Class period: March 5, 2021 at March 22, 2022
Lead Applicant Deadline: July 19, 2022
No obligation or cost to you.

Learn more about your recoverable losses in OKTA:


CLASS ACTION CASE DETAILS: The filed complaint alleges that Okta, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta’s systems were vulnerable to data breaches; (iii) Okta ultimately suffered a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and later downplayed the severity of the data breach; (v) any of the foregoing, when disclosed, was likely to have a material adverse impact on Okta’s business, financial condition and reputation; and (vi) as a result, the Company’s public statements were materially false and misleading at all material times.

WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you suffered a loss in Okta, you have until July 19, 2022 ask the court to obtain the status of principal plaintiff. Your ability to participate in any collection does not require you to serve as the lead plaintiff.

AT NO CHARGE TO YOU: If you purchased Okta titles during the relevant period, you may be entitled to compensation without payment of out-of-pocket costs.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information on the OKTA lawsuit, please contact J. Klein, Esq. by phone at 212-616-4899 or click on this link: https://www.kleinstocklaw.com/pslra-1/okta-inc-loss-submission-form?id=27820&from=4.


J. Klein, Esq. represents investors and participates in securities litigation involving financial fraud across the country. Klein Law Firm is a litigation firm with experience in a wide range of areas, including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have achieved superior results for our clients with a personalized approach. Lawyer advertisement. Prior results do not guarantee similar results.

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899

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SOURCE Klein Law Firm