SPT - SPT Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Sprout Social Inc. Securities Fraud Class Action | Benzinga
SAN DIEGO, May 21, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Sprout Social, Inc. (NASDAQ:SPT) securities between November 2, 2023 and May 2, 2024. Sprout Social is a software company that develops and operates a web-based social media management platform.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Sprout Social, Inc. (SPT) Failed to Disclose that Due to Challenges the Company Would Revive its Fiscal Year 2024 Revenue Guidance
According to the complaint, during the class period, defendants 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 with its acquisition of Tagger; (3) ...