Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sprinklr, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the Sprinklr securities is from March 29, 2023, to June 5, 2024, and the lead plaintiff deadline is October 15, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, highlighting the firm's expertise [3]. Group 3: Case Allegations - The lawsuit alleges that Sprinklr's management provided misleading statements regarding the company's revenue outlook and growth potential, downplaying risks associated with seasonality and macroeconomic factors [4]. - It is claimed that Sprinklr shifted focus to a new business venture, Contact Center as a Service (CCaaS), which led to artificially inflated short-term growth projections [4]. - The lawsuit contends that the company lacked adequate forecasting processes, which misled investors until the true situation was revealed [4].
CXM DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Sprinklr, Inc. Investors with Losses in Excess of $100k to Secure Counsel Before Important October 15 Deadline in Securities Class Action - CXM