Nine Law Firms Compete to Lead Class Action Against Perion Network Over Microsoft Bing Partnership

In a burgeoning legal battle, nine law firms, including Pomerantz LLP and Levi & Korsinsky LLP, are vying to take the lead in a proposed shareholder class action against ad tech company Perion Network. The lawsuit alleges that Perion Network’s shares plummeted nearly 40% after its strategic partner, Microsoft Bing, “unilaterally” altered its search advertising pricing policy. For further details, you can read the original piece on Law360.