Shareholders who purchased shares of SPT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: November 2, 2023 to May 2, 2024 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=87825&from=4 WHY GROSS LAW F ...

NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP announces the upcoming July 12, 2024, deadline in the Sprout Social (Nasdaq: SPT) Securities Class Action Lawsuit. If you invested in Sprout Social, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/sprout-social-inc-investigation. Why is SPT being Sued? On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between November ...

On this news, Sprout Social's stock price fell $19.33, or 40.1%, to close at $28.82 per share on May 3, 2024, on unusually heavy trading volume. To learn more about the Sprout Social class action, go to www.faruqilaw.com/SPT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Sprout Social To Contact Him Directly To Discuss Their ...

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 ...

NEW YORK, June 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprout Social, Inc. (NASDAQ: SPT). https://securitiesclasslaw.com/securities/sprout-social-inc-loss-submission-form/?id=87112&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=87112&from=4 SOURCE Gross Law Firm Shareholders who purchased s ...

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP announces the upcoming July 12, 2024, deadline in the Sprout Social (Nasdaq: SPT) Securities Class Action Lawsuit. If you invested in Sprout Social, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/sprout-social-inc-investigation. Why is SPT being Sued? On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between November ...

Core Viewpoint - A class action lawsuit has been filed against Sprout Social, Inc. for failing to disclose significant challenges affecting its revenue growth and guidance during a critical transition period [1][2]. Group 1: Allegations and Company Performance - The lawsuit alleges that Sprout Social did not inform investors that its sales and revenue growth were misleading as the company transitioned to an enterprise sales cycle [2]. - The company faced integration challenges with its acquisition of Tagger, which contributed to self-induced sales headwinds [2]. - As a result of these issues, Sprout Social revised its fiscal year 2024 revenue guidance downward by $20 million [8]. Group 2: Market Reaction - Following the announcement of missed revenue guidance and the downward revision, Sprout Social's stock price dropped by $19.33, or 40.1%, closing at $28.82 per share on May 3, 2024 [8]. Group 3: Legal Proceedings - Shareholders interested in participating as lead plaintiffs in the class action must file motions by July 12, 2024 [5]. - The law firm Robbins LLP, which is leading the class action, has a history of recovering over $1 billion for shareholders since its inception [3].

Core Viewpoint - A securities class action lawsuit has been filed against Sprout Social, Inc. for alleged violations of federal securities laws, including fraudulent misrepresentations and omissions regarding the company's business and operations, leading to significant investor losses [1]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of Illinois against Sprout Social, Inc. (NASDAQ: SPT) [1]. - The class action complaint is titled Munch v. Sprout Social, Inc., et al., Case No. 24-cv-03867 [5]. - Investors have until July 12, 2024, to seek appointment as lead plaintiff or remain absent class members [5]. Group 2: Financial Impact - Following the announcement of the lawsuit, Sprout Social's stock price dropped by $19.33 per share, a decline of 40.15%, closing at $28.82 per share on May 3, 2024 [4]. - On May 2, 2024, Sprout Social reported that it missed its revenue guidance for Q1 2024 and revised its full-year revenue guidance downward by $20 million [8]. - The CFO attributed the revenue miss to underestimating enterprise seasonality and self-induced sales execution headwinds [8]. Group 3: Company Statements - The incoming CEO mentioned that several strategic decisions made prior to Q1 were thought to be manageable but ultimately set the company back [8].

Why is SPT being Sued? If you invested in Sprout Social, Inc. you may be eligible to lead the case on behalf of shareholders. Why Bleichmar Fonti & Auld LLP? Submit your information: https://www.bfalaw.com/cases/sprout-social-inc-investigation. https://www.bfalaw.com/cases/sprout-social-inc-investigation https://www.bfalaw.com/cases/sprout-social-inc-investigation What Can You Do? On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between Novemb ...

LOS ANGELES, June 21, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming July 12, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT) securities between November 2, 2023 and May 2, 2024, inclusive (the "Class Period"). The complaint filed in this class action alleges that throughout the Class Period, Defendants made ma ...