Manhattan Associates(US:MANH) Newsfilter·2025-04-22 21:15Core Insights - Moore Law, PLLC is investigating potential claims against Manhattan Associates, Inc. for allegedly misleading statements regarding its revenue outlook and growth projections [1] - The investigation highlights concerns that the company and its leadership may have created a false impression of their financial stability and growth potential, downplaying risks associated with seasonality and macroeconomic factors [1] - Manhattan Associates reported a significant decline in stock price following the announcement of reduced revenue guidance for fiscal year 2025, with a 24% drop on the news and a year-to-date decline of approximately 40% [2] Group 1 - The investigation by Moore Law focuses on claims that Manhattan Associates misrepresented its revenue outlook and growth potential [1] - Allegations include that the company minimized risks related to seasonality and macroeconomic fluctuations while presenting an overly optimistic view of its professional services growth [1] - The company's Service Segment is claimed to be inadequately prepared to meet the targets it set, raising questions about its operational effectiveness [1] Group 2 - On January 28, 2025, Manhattan Associates released its financial results for Q4 and the full fiscal year 2024, which included a reduction in revenue guidance for fiscal year 2025 [2] - The company attributed the lowered guidance to a shift in professional services work and increased partner utilization, indicating potential operational challenges [2] - The stock price reaction to the news reflects significant investor concern, with a notable decline in market value [2]