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MDB INVESTOR ALERT: MongoDB, Inc. has been Sued for Securities Fraud; Investors that Suffered Losses are Notified to Contact the Firm before Court Deadline (Nasdaq:MDB)
MDBMongoDB(MDB) GlobeNewswire News Room·2024-07-31 10:25

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) 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 ...