SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Atlassian Corporation (TEAM) Investors - Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

February 06, 2023 1:41 PM EST | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - February 6, 2023) - Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Atlassian Corporation ("Atlassian" or the "Company") (NASDAQ: TEAM). The lawsuit alleges Atlassian made materially false and/or misleading statements and/or failed to disclose material adverse facts regarding the Company's business, operations, and prospects, including: (1) macroeconomic factors were having a material adverse impact on Atlassian's business; (2) the slowing conversions from free to paid customers the Company was experiencing constituted a negative trend; and (3) paid user growth also had slowed.

If you bought shares of Atlassian between August 5, 2022 and November 3, 2022 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at https://holzerlaw.com/case/atlassian/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 4, 2023.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153817

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