INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Manhattan Associates, Inc. (NASDAQ: MANH); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel

Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for alleged violations of federal securities laws during the class period from October 22, 2024, to January 28, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Manhattan and certain senior executives misled investors regarding the company's revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [5]. - The lawsuit was initiated on behalf of all individuals and entities that purchased Manhattan securities during the specified class period and suffered substantial losses [2][3]. - Investors have until April 28, 2025, to seek appointment as lead plaintiff in the class action lawsuit [2]. Group 2: Company Background - Manhattan Associates provides software solutions for supply chain management, inventory, and omnichannel operations, offering its applications through cloud and software-as-a-service models [4]. - The company assists customers in planning and implementing its solutions, indicating a focus on customer support and service [4]. Group 3: Financial Impact - The lawsuit alleges that the company's optimistic statements about its business fundamentals were misleading, as evidenced by a significant drop in stock price following the release of disappointing financial results on January 28, 2025 [5]. - Following the announcement of reduced revenue guidance for fiscal year 2025, Manhattan's stock price fell by $72.26 per share, approximately 25%, closing at $222.84 per share on January 29, 2025 [5].