Deadline July 19, 2022, Learn More 👉 https://bit.ly/OKTA-NASDAQ 10%+ Loss | OKTA Stock | OKTA Inc Securities Class Action #OKTA
OKTA Stock and OKTA Inc
The Truth Emerges
Okta’s after-market update and Raymond James downgrade
Investors, did purchase or otherwise acquire Okta securities between March 5, 2021 and March 22, 2022
Defendants made false statements and/or concealed that:
(i) Okta had inadequate cybersecurity controls;
(ii) as a result, Okta’s systems were vulnerable to data breaches;
(iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers;
(iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach;
(v) all the foregoing, once revealed, was likely to have a material negative 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 relevant times.
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OKTA Stock and OKTA Inc
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00:00 OKTA STOCK
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