monday.com(US:MNDY) Globenewswire·2026-03-12 12:24Core Viewpoint - A securities fraud class action lawsuit has been initiated against monday.com Ltd., with a deadline for investors to act by May 11, 2026 [1][3][4]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired monday.com common stock between September 17, 2025, and February 6, 2026, alleging violations of the Securities Exchange Act of 1934 [4]. - The defendants in the lawsuit are accused of misrepresenting the financial condition of the company throughout the class period [4]. Group 2: Investor Actions - Investors who purchased monday.com common stock are encouraged to discuss their legal rights and options, with contact information provided for the Investor Relations Manager [2][7]. - To serve as lead plaintiff in the class action, individuals must file necessary documents by May 11, 2026, although participation as a class member does not require this action [3]. Group 3: Law Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since its inception in 1993 and has a strong track record in class action litigation [5].