Pomerantz Law Firm Investigates Elastic N.V. Over Alleged Securities Fraud
The Pomerantz Law Firm is investigating Elastic N.V. (NYSE: ESTC) for potential securities fraud or other unlawful business practices, following a recent announcement of workforce reductions and the resignation of its Chief Product Officer. The company disclosed plans to cut 7% of its workforce with associated costs between $22 million and $25 million.
Tickers: $ESTC
Topics: class action executive resignation layoffs securities fraud