NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ: MDB) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired MongoDB securities between August 23, 2023, and May 30, 2024, both dates inclusive (the "Class Period"). Investors have ...

Addison, Texas, July 11, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) ("MDB"), a public venture platform focused on launching category-leading deep technology companies, today announces the record date, allocation preference, and expected timeline for the proposed offering for Invizyne Technologies, Inc. As a MDB "Big Idea" Company, the broker dealer subsidiary of MDB intends to give preference to holders of MDB Class A Shares (Nasdaq: MDBH) for allocations in the Invizyne offering as ...

Class Definition 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 lowered its guidance ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") and certain of the Company's senior executives. What is the Lawsuit About? On March 7, 2024, the Company allegedly announced that due to the sales restructuring, it experienced an annual decrease of approximately $40 million in multiyear license revenue, anticipated near zero revenue from unused Atlas commitments (one of its ...

If you suffered substantial losses and wish to serve as lead plaintiff of the MongoDB class action lawsuit, please provide your information here: You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449- 4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the MongoDB class action lawsuit must be filed with the court no later than September 9, 2024. The MongoDB class action lawsuit alleges that defendants throughout the Class Period made false an ...

NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of MongoDB, Inc. ("MongoDB") (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, inclusive (the "Class Period"). For more information, submit a form at MongoDB, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (21 ...

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NEW YORK, July 10, 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 and entities who purchased securities of MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares of MongoDB should contact the Firm prior to the Septem ...

ATLANTA, July 10, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against officers of MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ: MDB). The lawsuit alleges that Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections. Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwid ...

MongoDB (MDB) , a popular database software company, has seen its stock price plummet 36.2% over the past six months, underperforming the Zacks Computer and Technology sector's rise of 29.7%, leaving investors to consider whether to hold onto their shares or cut their losses. The significant downturn has sparked debates among market analysts and shareholders alike as they attempt to decipher the underlying causes and potential future trajectory of the company's stock. The sharp decline in MongoDB's stock pr ...