IT CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Gartner (IT) Investors of Securities Class Action Deadline on May 18, 2026
GartnerGartner(US:IT) Prnewswire·2026-03-18 20:32

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Gartner, Inc. for alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by May 18, 2026 [2][3]. Group 1: Allegations Against Gartner - The complaint alleges that Gartner and its executives made false and misleading statements regarding the company's growth rates and were not equipped to handle industry challenges, leading to inflated stock prices [3][8]. - Gartner's claims of achieving 12-16% CV growth rates in a normal macroeconomic environment were deemed unrealistic, contributing to the misleading nature of their statements [3][8]. Group 2: Financial Performance and Market Reaction - On February 3, 2026, Gartner reported fourth quarter 2025 financial results, forecasting 2026 revenue of at least $6.46 billion, which was below the $6.71 billion expected by analysts [4][8]. - Gartner also projected adjusted earnings of $12.30 per share for 2026, missing analyst expectations that ranged from $13.52 to $13.63 [4][8]. - Following the financial report, Gartner's stock price fell by $42.24 per share, or 20.87%, closing at $160.16 per share on February 3, 2026 [4][8]. Group 3: Legal Proceedings and Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, directing the litigation on behalf of the class [5]. - Any member of the putative class can move to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [5]. Group 4: Call for Information - Faruqi & Faruqi encourages individuals with information regarding Gartner's conduct, including whistleblowers and former employees, to contact the firm [6].

IT CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Gartner (IT) Investors of Securities Class Action Deadline on May 18, 2026 - Reportify