MongoDB (MDB) Class Action Lawsuit has Commenced: Shareholders Have Begun Scrutinizing Sales Incentives, Restructure, and Unused Commitments – Johnson Fistel

Lead Plaintiff Deadline: September 9, 2024 The complaint alleges Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning related to MongoDB's sales force incentive restructure, including: a significant reduction in the information gathered by their sales force as to the trajectory for the new Atlas enrollments without upfront commitments; reduced pressure on new e ...