NEW YORK, NY / ACCESS Newswire / April 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Backblaze, Inc. ("Backblaze" or "the Company") (NASDAQ:BLZE). Investors who purchased Backblaze securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/BLZE.

Investigation Details

On April 24, 2024, Investing.com issued an article entitled, "Backblaze stock plunges amid Morpheus Research report." This article stated that Backblaze "saw its shares plummet" due to a "scathing short report from Morpheus Research. The report detailed a series of alleged financial missteps and questionable practices since the company's initial public offering (IPO) in November 2021." The article also noted that Morpheus's report "highlights questionable accounting practices, including financial manipulations and inflated forecasts to pass audit thresholds." Following this news, Backblaze stock dropped during intraday trading on April 24, 2025.

What's Next?

If you are aware of any facts relating to this investigation or purchased Backblaze securities, you can assist this investigation by visiting the firm's site: bgandg.com/BLZE. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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