Sundaram

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 7 MOHAN R. SUNDARAM, et al., Case No. 22-cv-06750-CRB

Plaintiffs,

ORDER GRANTING IN PART WITH

v.

LEAVE TO AMEND AND DENYING

IN PART MOTION TO DISMISS

FRESHWORKS INC, et al., Defendants.

This securities class action alleges violations of Sections 11 and 15 of the Securities Act of 1933 (“Securities Act”) against Freshworks Inc. (“Freshworks”) and its executives, directors, and IPO underwriters (collectively, “Defendants”). Lead Plaintiff Mohan R. Sundaram (“Plaintiff”), on behalf of himself and all others situated, argues that he is entitled to damages caused by Freshworks’ alleged failure to disclose adverse trends and risks regarding its financial and business condition prior to its public offering. Pending before this Court is Defendants’ motion to dismiss Plaintiff’s consolidated amended class action complaint. For the reasons explained below, the Court GRANTS in part and DENIES in part Defendants’ motion to dismiss. I. BACKGROUND …