Faruqi & Faruqi Reminds Manhattan Associates Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 28, 2025 - MANH

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Manhattan Associates, Inc. due to allegations of false and misleading statements regarding the company's revenue expectations for fiscal year 2025, with a deadline for investors to seek lead plaintiff status in a federal securities class action by April 28, 2025 [2][4]. Group 1: Company Overview - Manhattan Associates, Inc. is publicly traded on NASDAQ under the ticker MANH [2]. - The company recently reported its financial results for the fourth quarter and full fiscal year 2024, announcing reduced revenue guidance for fiscal year 2025 [5]. Group 2: Allegations and Financial Impact - The complaint alleges that Manhattan Associates and its executives violated federal securities laws by making false statements about the company's revenue forecasts and growth potential [4]. - Following the announcement of reduced revenue guidance, Manhattan Associates' stock price fell from $295.10 per share on January 28, 2025, to $222.84 per share on January 29, 2025, marking a decline of approximately 24.49% in one day [5]. Group 3: Legal Proceedings - Investors who suffered losses exceeding $100,000 between October 22, 2024, and January 28, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - The role of lead plaintiff in the class action is open to any member of the putative class, with the lead plaintiff being the one with the largest financial interest [6].