Manhattan Associates, Inc. Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against MANH

Core Viewpoint - A class action has been filed against Manhattan Associates, Inc. for allegedly misleading investors about its growth potential and revenue forecasts during a specified period [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that during the class period, Manhattan Associates provided misleading information regarding its expected revenue for fiscal year 2025, expressing confidence in its forecasting ability despite macroeconomic challenges [2]. - The company was accused of failing to disclose its actual capability to deliver responsible growth targets, suggesting that its professional services were not adequately equipped to meet such targets [2]. - On January 28, 2024, Manhattan Associates reported its fourth-quarter and full fiscal year 2024 results, announcing a reduction in revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and higher partner utilization, leading to a stock price decline of over 24% from $295.10 to $222.84 per share [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Manhattan Associates, with a deadline to file as lead plaintiff by April 28, 2025 [4]. - Shareholders do not need to participate in the case to be eligible for recovery, and they can choose to remain absent class members [4]. Group 3: Company Background - Manhattan Associates, Inc. is a global company specializing in software solutions for supply chain management, inventory, and omnichannel operations [1].