NEW YORK, Aug. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprinklr, Inc. (NYSE: CXM). Shareholders who purchased shares of CXM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sprinklr-loss-submission-form/?id=96008&from=4 CLASS PERIOD: March 29, 2023 to June 5, 2024 ...

Core Viewpoint - The Sprinklr class action lawsuit alleges that the company and its executives made misleading statements regarding its performance and growth prospects, leading to significant stock price declines during the class period [3][4][5]. Group 1: Class Action Lawsuit Details - The lawsuit is titled Boshart v. Sprinklr, Inc., and covers the period from March 29, 2023, to June 5, 2024, with a deadline of October 15, 2024, for investors to seek lead plaintiff status [1][2]. - Allegations include false statements about Sprinklr's challenges in scaling its Contact Center as a Service market and the impact on growth initiatives [3]. - On December 6, 2023, Sprinklr reported a decrease in customers spending over $1 million and reduced its fiscal 2025 growth outlook from 16% to 10%, resulting in a stock price drop of over 33% [4]. - On June 5, 2024, Sprinklr further cut its fiscal year 2025 growth projections to 7%, attributing this to reduced customer retention and macroeconomic headwinds, leading to an additional stock price decline of over 15% [5]. Group 2: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Sprinklr securities during the class period to seek lead plaintiff status, representing the interests of the class [6]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, and is recognized for securing significant monetary relief [7].

NEW YORK, Aug. 17, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sprinklr, Inc. (NASDAQ: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or c ...

NEW YORK, Aug. 17, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Sprinklr and certain of its officers and/ ...

NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of Sprinklr, Inc. (NASDAQ: CXM) between March 29, 2023 and June 5, 2024. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by October 15, 2024. To join the Sprinklr class action, go to https://rosenlegal.com/submit-form/?case_id=27960 or call Phillip Kim, Esq. toll-free at 866 ...

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sprinklr, Inc. ("Sprinklr" or "the Company") (NYSE: CXM) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sprinklr securi ...

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprinklr, Inc. (NYSE: CXM). Shareholders who purchased shares of CXM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sprinklr-loss-submission-form/?id=95546&from=4 CLASS PERIOD: March 29, 2023 to June 5, 2024 ...

SAN DIEGO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Sprinklr, Inc. (NYSE: CXM) securities between March 29, 2023 and June 5, 2024. Sprinklr is a software company that provides AI-based "Customer Experience Management" platforms for its client's customer-facing teams. Its products help customers provide customer service across various platforms and in different capacities. ...

Core Viewpoint - A class action lawsuit has been filed against Sprinklr, Inc. for alleged securities violations during the class period from March 29, 2023, to June 5, 2024, following significant declines in the company's stock price due to reduced growth expectations and strategic shifts [1][3][4]. Financial Performance - On December 6, 2023, Sprinklr reported strong Q3 2024 results but subsequently lowered its growth estimates for Q4 and full year 2025, citing "subscription renewal pressures" and "over-rotation" in sales strategy [3]. - The company's stock price fell by $5.59 per share, approximately 34%, closing at $11.11 per share after the announcement of reduced estimates [3]. - On June 5, 2024, Sprinklr cut its fiscal year 2025 growth projections by another 3%, down to 7% annual growth, attributing this to reduced customer retention and macroeconomic challenges [4]. - Following this announcement, Sprinklr's stock price dropped from $10.84 to $9.20 per share, a decline of over 15% in one day [4]. Management Changes - In March 2024, several changes were made to Sprinklr's C-level positions, which analysts noted as surprising given the timing and the shift in the company's sales strategy [3]. Legal Proceedings - Investors who purchased Sprinklr shares during the class period and suffered losses are encouraged to apply to be lead plaintiffs in the lawsuit by October 14, 2024 [1].

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) securities between March 29, 2023 and June 5, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under the federal securit ...