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Rosen Law Firm Encourages Backblaze, Inc. Investors to Inquire About Securities Class Action Investigation

  • Rosen Law Firm announced an investigation and is preparing a class action for shareholders of Backblaze, Inc., listed on NASDAQ as BLZE, as of May 2025.
  • The investigation was launched amid claims that Backblaze provided investors with inaccurate or deceptive business details following its IPO in November 2021.
  • This followed a Morpheus Research report released in April 2024 that highlighted questionable accounting practices, financial manipulations, and inflated forecasts to meet audit thresholds, causing Backblaze’s stock to fall 2.1% on April 24, 2025.
  • Rosen Law Firm, a leader in securities class actions consistently ranked among the top four since 2013, recovered upwards of $438 million for investors in 2019 and was headed by Laurence Rosen, who received the Titan of Plaintiffs' Bar honor in 2020.
  • The class action aims to recover losses for shareholders and offers compensation through a contingency fee structure that requires no upfront costs, while advising shareholders to choose experienced legal representatives known for their strong leadership and successful track record.
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Rosen Law Firm Encourages Backblaze, Inc. Investors to Inquire About Securities Class Action Investigation

NEW YORK, May 5, 2025 /PRNewswire/ -

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TBNweekly broke the news in on Monday, May 5, 2025.
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