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According to Suit, hidden downturn risks will be assessed ahead of the $263 million IPO

By Emilie Ruscoe (November 30, 2023, 9:12 p.m. EST) — Expense management software company Expensify Inc. and some of its officers and directors are facing a class action lawsuit proposed by investors alleging they were aware of the company’s vulnerability to “Structural and macroeconomic headwinds” were left out “in filings for its nearly $263 million initial public offering in 2021….

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