PERION (PERI): Perion Network Investigated by Kaplan Fox & Kilsheimer LLP for Potential Securities Law Violations

NEW YORK, NY - (NewMediaWire) - April 11, 2024 - Kaplan Fox & Kilsheimer LLP ( is investigating claims on behalf of investors of Perion Network Ltd. (“Perion” or the “Company”) (NASDAQ: PERI).  Click here to join the investigation.

If you acquired Perion securities and would like to discuss our investigation, please click here or contact us by emailing or by calling (646) 315-9003. 

On April 8, 2024, Perion issued a press release announcing preliminary financial results for the first quarter of 2024.  Perion’s press release states, among other things, “a decline in Search Advertising activity, attributable to changes in advertising pricing and mechanisms implemented by Microsoft Bing in its Search Distribution marketplace” and that “[t]hese adjustments led to a reduction in Revenue Per Thousand Impressions (RPM) for both Perion and other Microsoft Bing distribution partners.”  Further, Perion’s press release states that “[t]hese changes contributed to decreased search volume.”  

On April 8, 2024, Perion also disclosed that for 2024 it now expects revenue in the range of $590 million to $610 million, down from the prior 2024 revenue guidance range of $860 to $880 million the Company gave on February 7, 2024.

Following this news, the price of Perion shares fell by $8.61 per share, more than 40%, to close at $12.50 per share on April 8, 2024. 

WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.  With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.  Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.  For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at  

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. 

If you have any questions about this investigation, please contact: 

Pamela A. Mayer 

800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003


Laurence D. King
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707



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