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Faruqi & Faruqi Reminds Manhattan Associates Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 28, 2025 - MANH
GlobeNewswire News Room· 2025-03-26 20:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Manhattan Associates, Inc. due to allegations of false and misleading statements regarding the company's revenue expectations for fiscal year 2025, with a deadline for investors to seek lead plaintiff status in a federal securities class action by April 28, 2025 [2][4]. Group 1: Company Overview - Manhattan Associates, Inc. is publicly traded on NASDAQ under the ticker MANH [2]. - The company recently reported its financial results for the fourth quarter and full fiscal year 2024, announcing reduced revenue guidance for fiscal year 2025 [5]. Group 2: Allegations and Financial Impact - The complaint alleges that Manhattan Associates and its executives violated federal securities laws by making false statements about the company's revenue forecasts and growth potential [4]. - Following the announcement of reduced revenue guidance, Manhattan Associates' stock price fell from $295.10 per share on January 28, 2025, to $222.84 per share on January 29, 2025, marking a decline of approximately 24.49% in one day [5]. Group 3: Legal Proceedings - Investors who suffered losses exceeding $100,000 between October 22, 2024, and January 28, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - The role of lead plaintiff in the class action is open to any member of the putative class, with the lead plaintiff being the one with the largest financial interest [6].
MANH INVESTORS: Kirby McInerney LLP Reminds Manhattan Associates, Inc. Investors of Important Deadline and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-26 00:00
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Georgia on behalf of those who acquired Manhattan Associates, Inc. (“Manhattan” or the “Company”) (NASDAQ:MANH) securities during the period from October 22, 2024, through January 28, 2025 (“the Class Period”). Investors have until April 28, 2025, to apply to the Court to be appointed as lead plaintiff in the law ...
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Manhattan Associates
Newsfilter· 2025-03-15 13:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Manhattan Associates, Inc. due to allegations of violations of federal securities laws related to misleading statements about the company's revenue expectations for fiscal year 2025 [2][4]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses in Manhattan Associates to contact them directly to discuss their legal options [1]. - There is an April 28, 2025 deadline for investors to seek the role of lead plaintiff in a federal securities class action against Manhattan Associates [2][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding the company's conduct [7]. Group 2: Financial Performance and Stock Impact - On January 28, 2025, Manhattan Associates reported its financial results for Q4 and the full fiscal year 2024, along with a reduced revenue guidance for fiscal year 2025 [5]. - The company attributed its lowered guidance to a shift in professional services work and increased partner utilization, leading to a significant stock price drop from $295.10 to $222.84, a decline of approximately 24.49% in one day [5]. Group 3: Allegations of Misleading Statements - The complaint alleges that Manhattan Associates and its executives made false or misleading statements regarding the company's revenue forecasts and growth potential, particularly in professional services and cloud revenue [4].
Shareholder Rights Law Firm Robbins LLP Reminds MANH Investors that a Stockholder Filed a Class Action Alleging the Company Misled Investors Regarding its Growth Potential
GlobeNewswire News Room· 2025-03-12 00:10
SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Manhattan Associates, Inc. (NASDAQ: MANH) securities between October 22, 2024 and January 28, 2025. Manhattan Associates is a global company that develops, sells, deploys, services, and maintains software solutions for the purpose of assisting in the management of supply chains, inventory, and omnichannel operations for its customers. For mor ...
Shareholder Rights Law Firm Robbins LLP Reminds MANH Investors with Large Losses They Have an Opportunity to Lead the Class Action Against Manhattan Associates, Inc. - Contact Us Today
Prnewswire· 2025-03-10 04:37
Core Viewpoint - A class action has been filed against Manhattan Associates, Inc. for allegedly misleading investors about its growth potential and revenue forecasts during a specified period [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that during the class period, Manhattan Associates provided optimistic statements regarding its expected revenue for fiscal year 2025, including confidence in its forecasting ability and growth potential of professional services [2]. - Despite these positive assertions, the company purportedly failed to disclose its actual capability to deliver responsible growth targets, indicating a lack of preparedness to meet such expectations [2]. - On January 28, 2025, Manhattan Associates reported its fourth-quarter and full-year 2024 financial results, announcing a reduction in revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and other operational challenges [3]. - Following the announcement, the stock price of Manhattan Associates fell from $295.10 per share to $222.84 per share, marking a decline of over 24% [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Manhattan Associates, with a deadline to file as lead plaintiff by April 28, 2025 [4]. - A lead plaintiff represents the interests of other class members in the litigation, although participation is not required to be eligible for recovery [4]. Group 3: Company Background - Manhattan Associates, Inc. is a global company specializing in software solutions for supply chain management, inventory, and omnichannel operations [1].
Final Deadline for the Manhattan Associates, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - MANH
Prnewswire· 2025-02-28 18:45
LOS ANGELES, Feb. 28, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Manhattan Associates, Inc. ("Manhattan" or "the Company") (NASDAQ: MANH) for violations of the federal securities laws.Shareholders who purchased the Company's securities between October 22, 2024 and January 28, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before April 28, 2025.CASE DETAILS: The Company allegedly made false and misleading statements to the market conce ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Manhattan Associates, Inc. of Class Action Lawsuit and Upcoming Deadlines - MANH
Prnewswire· 2025-02-28 01:29
Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, alleging securities fraud and unlawful business practices [2][3]. Financial Performance - For Q4 2024, Manhattan Associates reported services revenue of $119.5 million, a growth of only 0.3% year-over-year, and approximately $2 million below the guidance provided in October 2024 [3]. - The company anticipates that services revenue will reach a low point in Q1 2025, with solid revenue growth expected to resume by mid-year [3]. - Manhattan Associates projects modest revenue growth of 2% to 3% for 2025, while GAAP EPS is expected to decline by 10% to 13% [3]. Market Reaction - Following the financial results announcement, Manhattan Associates' stock price fell by $72.26 per share, or 24.49%, closing at $222.84 per share on January 29, 2025 [4]. Customer Challenges - Approximately 10% of customers with ongoing implementations have scaled back their planned services work for the upcoming calendar and fiscal year, indicating emerging challenges in the services business [3].
MANH ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Manhattan Associates, Inc. Investors
GlobeNewswire News Room· 2025-02-27 23:00
Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for failing to disclose the true state of its forecasting ability for professional services, leading to a significant drop in share price following the release of disappointing financial results and lowered revenue guidance for 2025 [1][3][4]. Financial Performance - On January 28, 2025, Manhattan Associates reported its financial results for Q4 and the full fiscal year 2024, along with a reduced revenue guidance for the full fiscal year 2025 [3]. - The company attributed its results and lowered guidance to a shift in professional services work to future periods and reduced customization, alongside higher partner utilization [3]. - Following this announcement, Manhattan's share price fell by $72.26, approximately 24%, from $295.10 to $222.84 per share [3]. Legal Proceedings - The class action lawsuit was filed in the U.S. District Court for the Northern District of Georgia on behalf of investors who acquired Manhattan securities during the Class Period from October 22, 2024, to January 28, 2025 [1]. - Investors have until April 28, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1].
Manhattan Associates, Inc. Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against MANH
GlobeNewswire News Room· 2025-02-27 22:13
Core Viewpoint - A class action has been filed against Manhattan Associates, Inc. for allegedly misleading investors about its growth potential and revenue forecasts during a specified period [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that during the class period, Manhattan Associates provided misleading information regarding its expected revenue for fiscal year 2025, expressing confidence in its forecasting ability despite macroeconomic challenges [2]. - The company was accused of failing to disclose its actual capability to deliver responsible growth targets, suggesting that its professional services were not adequately equipped to meet such targets [2]. - On January 28, 2024, Manhattan Associates reported its fourth-quarter and full fiscal year 2024 results, announcing a reduction in revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and higher partner utilization, leading to a stock price decline of over 24% from $295.10 to $222.84 per share [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Manhattan Associates, with a deadline to file as lead plaintiff by April 28, 2025 [4]. - Shareholders do not need to participate in the case to be eligible for recovery, and they can choose to remain absent class members [4]. Group 3: Company Background - Manhattan Associates, Inc. is a global company specializing in software solutions for supply chain management, inventory, and omnichannel operations [1].
Manhattan Associates, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; April 28, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-02-27 20:51
Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for allegedly misleading investors regarding its growth forecasts during the specified Class Period from October 22, 2024, to January 28, 2025 [3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Manhattan Associates made positive statements while concealing adverse facts about its ability to forecast growth in professional services [3]. - Allegations include that the company was either unable to set responsible growth targets or that its services were inadequate to meet those targets [3]. - Investors are encouraged to file a lead plaintiff motion by April 28, 2025, to participate in the class action [1]. Group 2: Investor Support - The Portnoy Law Firm offers complimentary case evaluations for investors seeking to recover losses related to the alleged corporate wrongdoing [2][4]. - Investors can contact attorney Lesley F. Portnoy for discussions regarding their legal rights and options [2].