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SPROUT Investors Have Opportunity to Lead Sprout Social, Inc. Securities Fraud Lawsuit
Prnewswire· 2024-06-11 15:45
If you are a shareholder who suffered a loss, click here to participate. Join the case to recover your losses. The Schall Law Firm Brian Schall, Esq., www.schallfirm.com Office: 310-301-3335 [email protected] LOS ANGELES, June 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ: SPT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and ...
SPROUT SOCIAL NOTICE: If You Suffered Losses on Your Sprout Social (Nasdaq: SPT) Investment, You are Reminded to Contact BFA Law Before Approaching July 2024 Legal Deadline
GlobeNewswire News Room· 2024-06-11 10:36
Core Viewpoint - Sprout Social is facing a lawsuit for alleged violations of federal securities laws, with claims that the company misled investors regarding its sales growth, integration challenges, and future revenue guidance [1]. Group 1: Allegations Against Sprout Social - The lawsuit alleges that from November 2, 2023, to May 2, 2024, Sprout Social failed to disclose that its sales and revenue growth were not reflective of its transition to an enterprise sales cycle [1]. - The company reportedly faced integration challenges with its acquisition of Tagger, leading to "sales headwinds" [1]. - As a result of these issues, Sprout Social is expected to revise its fiscal year 2024 revenue guidance, which contradicts previous positive statements made by the company about its business and prospects [1]. Group 2: Impact on Stock and Investor Actions - Following the announcement of the lawsuit, Sprout Social's stock declined approximately 40% the next day [7]. - Investors who suffered losses are encouraged to submit their information to understand their rights and potential actions [7].
Contact The Gross Law Firm by July 12, 2024 Deadline to Join Class Action Against Sprout Social, Inc.(SPT)
Prnewswire· 2024-06-10 09:45
CONTACT US HERE: https://securitiesclasslaw.com/securities/sprout-social-inc-loss-submission-form/?id=83252&from=4 DEADLINE: July 12, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/sprout-social-inc-loss-submission-form/? id=83252&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SPT during the timeframe listed above, you will be enrolled in a portfolio monitoring ...
SPROUT SOCIAL CASE DEADLINE: Sprout Social (Nasdaq: SPT) Investors are Reminded of Upcoming July 2024 Legal Deadline and Encouraged to Contact BFA Law
GlobeNewswire News Room· 2024-06-08 09:18
Why is SPT being Sued? Sprout Social's stock declined approximately 40% the following day. BFA Law encourages investors who lost money in their Sprout Social investment to submit your information to find out about your rights. What Can You Do? All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses. https://www.bfalaw.com/cases/sprout-social ...
Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Securities Class Action Lawsuit Filed Against Sprout Social, Inc. (SPT)
GlobeNewswire News Room· 2024-06-07 19:55
If you suffered Sprout Social losses, you may CLICK HERE or go to: https://www.ktmc.com/newcases/sprout-social-inc?utm_source=PR&utm_medium=link&utm_campaign=spt&mktm=r CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE or go to: https://youtu.be/HSgDoq74DKk On May 2, 2024, Sprout Social announced the company's operating results for the first fiscal quarter of 2024, disclosing that Sprout Social had missed its revenue guidance for the quarter and revised its full year 2024 revenue guidance downward by $20 million. I ...
Shareholders that lost money on Sprout Social, Inc.(SPT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2024-06-07 17:26
https://zlk.com/pslra-1/sprout-social-inc-lawsuit-submission-form?prid=83089&wire=3 NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Sprout Social, Inc. ("Sprout" or the "Company") (NASDAQ: SPT) of a class action securities lawsuit. CASE DETAILS: The filed complaint alleges that defendants made ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Sprout Social, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SPT
Prnewswire· 2024-06-07 00:15
SO WHAT: If you purchased Sprout Social 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. To join the Sprout Social class action, go to https://rosenlegal.com/submit-form/?case_id=25140 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. Contact Information: NEW YORK, June 6, 2024 /PRNewswire/ -- WHY ROSEN LAW: We encourage investors t ...
SPT LAWSUIT ALERT: The Gross Law Firm Notifies Sprout Social, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2024-06-06 18:40
Core Points - The Gross Law Firm has issued a notice to shareholders of Sprout Social, Inc. regarding allegations of misleading statements and omissions during a specified class period [2][3] - The allegations include claims that the company's sales and revenue growth were not reflective of its actual growth due to challenges in transitioning to an enterprise sales cycle and integration issues with the acquisition of Tagger [3] - The company is expected to revise its fiscal year 2024 revenue guidance as a result of these challenges, which has led to claims that previous positive statements about the company's business were materially misleading [3] Class Action Details - The class period for the allegations is from November 2, 2023, to May 2, 2024, with a deadline for shareholders to register for the class action by July 12, 2024 [6] - Shareholders who purchased shares during this period are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment, although this is not required to participate in any recovery [4][6] - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [6]
Sprout Social Extends Industry Leadership with Powerful AI Innovations and 20 New Product Capabilities
GlobeNewswire News Room· 2024-06-06 13:01
Sprout's new AI solutions also classify and prioritize inbound messages, replace manual data analysis and craft suggested responses. This human-centered approach to AI saves businesses valuable time, provides better access to actionable data and allows teams to focus on more strategic and creative thinking. New access to Snapchat profiles through Tagger, Sprout Social's influencer marketing platform, which enables brands to explore market trends, identify competitive insights and connect with target audienc ...
Sprout Social Extends Industry Leadership with Powerful AI Innovations and 20 New Product Capabilities
Newsfilter· 2024-06-06 13:01
With heightened expectations for quick and personalized customer connections across social, brands are at capacity and often struggle to prioritize impactful and creative work. Sprout's latest product innovations will help solve these common challenges by automating key elements of content creation, reporting and social care. Standout AI capabilities include Generate by AI Assist, which makes it easier for brands to improve accessibility by writing highly accurate alt-text for images, and Analyze by AI Assi ...