Saxena White Appointed Lead Counsel in Cerence Inc. Securities Class Action

Saxena White P.A. is pleased to announce that on May 12, 2022, the United States District Court for the District of Massachusetts appointed the Public Employees’ Retirement System of Mississippi to serve as Lead Plaintiff and Saxena White P.A. as Lead Counsel in the securities fraud class action against Cerence Inc. The action alleges that during the Class Period, Defendants made false and misleading statements concerning the demand for Cerence’s software license and the impact that sales of prepaid licenses would have on future demand.