ATLANTA, GA – – (ACCESSWIRE – May 24, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Pegasystems Inc. (“Pegasystems” or the “Company”) (NASDAQ: PEGA).  The lawsuit alleges that Pegasystems made false and/or misleading statements or failed to disclose that the Company’s products and revenue were largely generated as a result of theft of trade secrets from one of the Company’s competitors, Appian Corporation; that as a result of these actions the Company was sued for stealing trade secrets, resulting in a more than $2 billion verdict against the Company; and that Pegasystems failed to timely disclose the existence of this litigation in violation of SEC reporting requirements. If you bought shares of Pegasystems between May 29, 2020 and May 9, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at  cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com to learn more. The deadline to ask the court to be appointed lead plaintiff in the case is July 18, 2022.

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