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Need Help? Call : (310) 914-5007
The Law Offices of Frank R. Cruz announces an investigation of Yext, Inc. (“Yext” or the “Company”) (NYSE: YEXT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On February 2, 2026, Yext disclosed that its CEO, Michael Walrath, had withdrawn his proposal to acquire all outstanding shares of the Company not already owned by him because he “would not be able to obtain the necessary financing.”
Walrath had previously claimed that his proposal was “backed by reputable and well-capitalized financing sources[.]”
On this news, Yext’s stock price fell $1.69, or 23.6%, to close at $5.47 per share on February 2, 2026, thereby injuring investors.
If you suffered a loss on your Yext, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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