WEBTOON ENTERTAINMENT INC. (NASDAQ: WBTN) DEADLINE ALERT:

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP:

• Do you own or have you owned shares of WEBTOON Entertainment Inc. (NASDAQ: WBTN)?
• Did you purchase your shares in connection with the company’s IPO in June 2024?
• Did you lose money on your investment in WEBTOON Entertainment Inc.?
• Would you like to discuss your rights?

Bernstein Liebhard LLP, a nationally recognized investor rights law firm, reminds investors of the deadline for filing a lead plaintiff motion in a securities class action lawsuit filed on behalf of investors (the “Class”) who purchased or acquired the common shares of WEBTOON Entertainment Inc . (“Webtoon” or the “Company”) (NASDAQ: WBTN) pursuant to and/or traceable to the registration statement and prospectus issued in connection with the Company’s initial public offering in June 2024 (the “Class Period”). The Complaint was filed in the United States District Court for the Central District of California and accuses the Company and certain of its officers of violations of the Securities Act of 1933 (the “Complaint”).

If you You have purchased or acquired Webtoon common stock and/or would like to discuss your legal rights and options Please visit WEBTOON Entertainment Inc. Shareholder Class Action or contact the Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

According to the lawsuit, Webtoon made false statements about the company’s advertising revenue growth and IP adaptation revenue, as well as its exposure to weaker foreign currencies.

If you would like to serve as lead plaintiff in the class, you must submit your materials to November 4, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in the recovery does not require you to serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representations are made on a contingency fee basis. Shareholders pay no fees or expenses.

Since 1993, Bernstein Liebhard LLP has generated over $3.5 billion for its clients. In addition to representing retail investors, the firm has also been retained by some of the nation’s largest public and private pension funds to monitor their assets and pursue litigation on their behalf. Because of its success in litigating hundreds of class actions, the firm has been named to the National Law Journal’s Plaintiffs’ Hot List thirteen times and has been listed in The Legal 500 for sixteen consecutive years.

LAWYER ADVERTISING. © 2024 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Past results do not guarantee or predict a similar result with respect to future matters.

Contact information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]