The Schall Law Firm, a national firm specializing in shareholder rights, is investigating claims on behalf of investors of Backblaze, Inc. (“Backblaze” or “the Company”) BLZE regarding possible violations of securities laws.

Investigation Focus

This investigation centers on whether Backblaze issued misleading statements or failed to disclose important information to investors. A report from Morpheus Research has drawn attention to the Company after a significant drop in its stock price. An article published on April 24, 2025, by Investing.com stated that Backblaze shares declined sharply following a “scathing short report” that highlighted a series of alleged financial issues and questionable practices since the Company’s initial public offering (IPO) in November 2021. These allegations include “questionable accounting practices, financial manipulations, and inflated forecasts” intended to meet audit criteria.

Impact on Shareholders

Shareholders who have experienced losses due to these developments are encouraged to take action. If you believe you are affected, further information is available through the law firm.

Contact Information

Interested parties can reach out to Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. You can contact him directly at 310-301-3335 or visit the firm’s website at www.schallfirm.com. Email inquiries may also be directed to [email protected].

About Schall Law Firm

The Schall Law Firm represents investors globally and focuses on securities class action lawsuits and shareholder rights litigation.

Legal Notice

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