This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. DJS Law Group DEADLINE: July 12, 2024 If you are a shareholder who suffered a loss, please contact David Schwartz, the managing partner of DJS Law Group, at [email protected] WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sprout Social, Inc. regarding a class action lawsuit due to alleged misleading statements and failures to disclose material information during a specified class period [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from November 3, 2021, to May 2, 2024, with a registration deadline of July 12, 2024 [2]. - Shareholders who purchased shares during this period are encouraged to register for the class action and may be eligible for recovery [3][5]. Group 2: Allegations Against the Company - The complaint alleges that the company made materially false and/or misleading statements regarding its sales and revenue growth, which were not reflective of its transition to an enterprise sales cycle [4]. - It is claimed that the company faced integration challenges with its acquisition of Tagger, leading to self-induced sales headwinds and necessitating a revision of fiscal year 2024 revenue guidance [4]. - The positive statements made by the defendants about the company's business and prospects are alleged to be materially misleading and lacking a reasonable basis [4].

CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) -- Sprout Social, an industry-leading provider of cloud-based social media management software, has been recognized by G2's 2024 Summer Reports as a leader in 211 categories spanning all business segments, from small business to mid-market and enterprise, and across every region including EMEA, APAC, and the Middle East. The company earns these recognitions after being named G2's #1 Best Software Product for 2024. These rankings complement Sprout Social's growth in 20 ...

CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) -- Sprout Social, an industry-leading provider of cloud-based social media management software, has been recognized by G2's 2024 Summer Reports as a leader in 211 categories spanning all business segments, from small business to mid-market and enterprise, and across every region including EMEA, APAC, and the Middle East. The company earns these recognitions after being named G2's #1 Best Software Product for 2024. "Our leadership in G2's awards are incredibly meaningf ...

Core Viewpoint - A class action securities lawsuit has been filed against Sprout Social, Inc. for alleged securities fraud affecting investors between November 3, 2021, and May 2, 2024 [1][2]. Group 1: Allegations and Company Performance - The lawsuit claims that the company's sales and revenue growth did not accurately reflect its transition to an enterprise sales cycle [2]. - It is alleged that the company faced integration challenges with its acquisition of Tagger, impacting its performance [2]. - The complaint states that these issues led to "self-inducing sales headwinds," resulting in a revision of the fiscal year 2024 revenue guidance [2]. - Positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until July 12, 2024, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4].

Core Viewpoint - A class action lawsuit has been filed against Sprout Social, Inc. for alleged violations of securities laws, claiming that the company made false and misleading statements regarding its sales growth and revenue guidance [1][6]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - The class period for the lawsuit is from November 2, 2023, to May 2, 2024 [5]. - The class has not yet been certified, meaning that affected shareholders are not currently represented by an attorney [3]. Group 2: Allegations Against the Company - The complaint alleges that Sprout's sales growth was not indicative of future performance as the company transitioned to an enterprise sales cycle [6]. - It is claimed that the company failed to effectively integrate its Tagger acquisition and faced self-induced sales challenges [6]. - The company is accused of needing to revise its fiscal year 2024 revenue guidance, which led to misleading public statements [6].

Core Viewpoint - The Gross Law Firm is representing shareholders of Sprout Social, Inc. in a class action lawsuit due to alleged misleading statements and omissions that inflated the company's stock price [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from November 3, 2021, to May 2, 2024, with a deadline for lead plaintiff registration set for July 12, 2024 [3][6]. - Shareholders who purchased shares during the class period are encouraged to register for potential recovery [2][3]. Group 2: Allegations Against the Company - The complaint alleges that the company made materially false and misleading statements regarding its sales and revenue growth, which did not reflect its transition to an enterprise sales cycle [5]. - It is claimed that the company faced integration challenges with its acquisition of Tagger, leading to self-induced sales headwinds and a revision of fiscal year 2024 revenue guidance [5]. - The positive statements made by the defendants about the company's business operations and prospects were allegedly materially misleading and lacked a reasonable basis [5]. Group 3: Next Steps for Shareholders - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [6]. - Participation in the case incurs no cost or obligation for shareholders [6].

Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprout Social, Inc. (NASDAQ: SPT) between November 2, 2023 and M ...

Company Overview - Sprout Social, Inc. is a leading provider of cloud-based social media management software, serving over 30,000 brands with its platform [5][7] - The company has been recognized as the 1 Best Software Product by G2's 2024 Best Software Award, highlighting its comprehensive publishing, engagement, customer care, influencer marketing, and AI-powered business intelligence functionalities [7] Financial Reporting - Sprout Social will report its financial results for the second quarter ending June 30, 2024, after market close on August 1, 2024 [5] - A conference call and webcast to discuss the financial results will take place at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day [5] Communication Channels - The company routinely announces material information through SEC filings, press releases, public conference calls, webcasts, and its investor relations website [8] - Sprout Social encourages stakeholders to follow its social media profiles for updates and material information [8]

SOURCE THE ROSEN LAW FIRM, P. A. NEW YORK, July 8, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprout Social, Inc. (NASDAQ: SPT) between November 2, 2023 and May 2, 2024, both dates inclusive (the "Class Period"), of the important July 12, 2024 lead plaintiff deadline. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experien ...