Okta, Inc
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The investigation is focused on determining whether the Company made false or misleading statements, or failed to disclose material information that could impact investors. Okta has come under scrutiny following an article published by Barron’s on October 20, 2023, titled “Okta Stock Drops After Hacker Gains Access to Support System.” According to the article, Okta revealed that a hacker had gained entry to its support system using a stolen credential. In an online statement, the Company’s Chief Security Officer confirmed, “The threat actor managed to access files uploaded by specific Okta customers as part of recent support cases.”
In response to this news, Okta’s shares saw a significant drop of nearly 11.6% on the same day.
