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home / articles / SPT - LEGAL DEADLINE ALERT: Sprout Social (Nasdaq: SPT) Investors are Encouraged to Contact BFA Law before July Deadline in Securities Class Action after Stock Tumbled Over 40% | Benzinga

SPT - LEGAL DEADLINE ALERT: Sprout Social (Nasdaq: SPT) Investors are Encouraged to Contact BFA Law before July Deadline in Securities Class Action after Stock Tumbled Over 40% | Benzinga

Sprout Social Inc

  • NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Leading law firm Bleichmar Fonti & Auld LLP announces the upcoming July 12, 2024 deadline in the (NASDAQ:SPT) Sprout Social Securities Class Action Lawsuit. If you invested in Sprout Social, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/sprout-social-inc-investigation.

    Why is SPT being Sued?

    On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between November 2, 2023 and May 2, 2024 Spout Social failed to disclose to investors: (1) the Company's sales and revenue growth were not indicative of the Company's growth as it transitioned to an enterprise sales cycle; (2) that the Company faced integration challenges ...

    SPT) Investors are Encouraged to Contact BFA Law before July Deadline in Securities Class Action after Stock Tumbled Over 40%>Full story available on Benzinga.com

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    Stock Information
    Company Name: Sprout Social Inc
    Stock Symbol: SPT
    Market: NASDAQ
    Website: sproutsocial.com
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