Core Viewpoint - ClaimsFiler is reminding investors of the deadline to file lead plaintiff applications in a securities class action lawsuit against Sprinklr, Inc. for failing to disclose material information during the class period [1][2]. Group 1: Lawsuit Details - The lawsuit against Sprinklr, Inc. and certain executives is based on allegations of failing to disclose material information, which is a violation of federal securities laws [2]. - The class period for the lawsuit is defined as March 29, 2023, to June 5, 2024, and the case is pending in the United States District Court for the Southern District of New York [1][4]. Group 2: Financial Impact - On June 5, 2024, Sprinklr disclosed disappointing financial results, including a reduction in growth expectations for fiscal year 2025, cutting projections by an additional three percent to a total of 7% annual growth [3]. - Following this announcement, Sprinklr's share price dropped from $10.84 per share on June 5, 2024, to $9.20 per share on June 6, 2024, marking a decline of over 15% in just one day [3]. Group 3: ClaimsFiler Services - ClaimsFiler provides a free service for retail investors to recover funds from securities class action settlements, offering resources to register for information, upload portfolio data, and submit inquiries for case evaluations [4][5].
SPRINKLR SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Sprinklr, Inc. - CXM