• 3070 Bristol Pike, Suite 112, Bensalem, PA 19020

  • Call Us: (215) 638-4847 |

    Fax: (215) 638-4867

Yext, Inc. (NYSE: YEXT)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Yext, Inc. (NYSE: YETX) prior to February 1, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that a high bid to take the Company private made by its CEO, Michael Walrath, had sufficient backing and therefore would go through when the Company knew that the offer lacked sufficient backing.

On February 2, 2026, Yext disclosed that its CEO, Michael Walrath, had withdrawn his proposal to acquire all outstanding shares of the Company not already owned by him because he “would not be able to obtain the necessary financing.”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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Yext, Inc. (NYSE: YETX) prior to February 1, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.