If you suffered MongoDB losses, you may CLICK HERE or go to: https://www.ktmc.com/newcases/mongodb-inc?utm_source=PR&utm_medium=link&utm_campaign=mdb&mktm=r RADNOR, Pa., July 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against MongoDB, Inc. ("MongoDB") (NASDAQ:MDB). The action charges MongoDB with violations of th ...

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) and certain of the Company's senior executives. The complaint alleges that the Company misrepresented the purported benefits stemming from the restructuring of its sales force. This includes how the restructuring helped reduce friction in acquiring new customers and increased new workload acquisition among existi ...

For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases-investigations/mongodb-inc Attorney advertising. Past results do not guarantee future outcomes. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/mongodb-inc. Investors have until September 9, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and ...

SAN DIEGO, July 19, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired MongoDB, Inc. (NASDAQ: MDB) securities between August 31, 2023 and May 30, 2024. MongoDB is an American software company that designs, develops, manufactures, and sells developer data platforms and integrated services systems through its document-oriented database program. For more information, submit a form, email attorney Aaron Du ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In MongoDB To Contact Him Directly To Discuss Their Options Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. Following this news, MongoDB's stock price fell by $73.94 per share to close at $236.06 per share. ...

Why Bronstein, Gewirtz & Grossman The complaint alleges that on March 7, 2024, MongoDB reported strong Q4 2024 results and then announced lower-than-expected full-year guidance for 2025. The Complaint adds that the Company attributed this to a change in its "sales incentive structure," which led to a decrease in revenue related to "unused commitments and multi-year licensing deals." Following this news, MongoDB's stock dropped $28.59 per share to close at $383.42. Then, on May 30, 2024, MongoDB further lowe ...

Class Period: Aug. 31, 2023 – May 30, 2024 Lead Plaintiff Deadline: Sept. 9, 2024 Visit: www.hbsslaw.com/investor-fraud/mdb Contact the Firm Now: MDB@hbsslaw.com 844-916-0895 Previously, MongoDB management expressed confidence in its ability to achieve its FY 2025 revenue targets. This confidence stemmed from initiatives such as restructuring sales force incentives and reducing pressure on upfront customer commitments. Additionally, management emphasized efforts to mitigate risks associated with seasonal tr ...

Lead Plaintiff Deadline: September 9, 2024 The complaint alleges Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning related to MongoDB's sales force incentive restructure, including: a significant reduction in the information gathered by their sales force as to the trajectory for the new Atlas enrollments without upfront commitments; reduced pressure on new e ...

MongoDB investors should visit us at https://claimsfiler.com/cases/nasdaq-mdb/ or call toll-free (844) 367- 9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options. On May 30, 2024, the Company released its first quarter fiscal year 2025 results, disclosing significantly reduced growth expectations and cutting fiscal year 2025 growth projections, due to the Company's decision to change its sales incentive structure to reduce enrollment frictions, along with some allegedly unantic ...

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SO WHAT: If you purchased MongoDB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, MongoDB reported strong Q4 2024 results and then announced lower than expected full-year guidance for 2025. MongoDB attributed to a change in its "sales incentive structure," which led to a decreas ...