$RSKD

Wolf Haldenstein Adler Freeman & Herz LLP has announced a securities class action lawsuit against Riskified Ltd. (NYSE: RSKD) filed in the Southern District of New York. The lawsuit claims that the company's July 2021 IPO Registration Statement contained inaccurate information regarding the deterioration of its machine learning platform and the negative impact of expanding into industries with high fraud rates. Shareholders who purchased Class A ordinary shares during the IPO or traceable to it and incurred losses are advised to contact the firm by July 1, 2022, to potentially act as lead plaintiff.