MONGODB LAWSUIT NOTICE: BFA Law Announces a Class Action Lawsuit Has Been Filed Against MongoDB, Inc. (Nasdaq:MDB) for Securities Fraud and Encourages Investors to Contact the Firm

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 ...