Gartner(US:IT) Globenewswire·2026-03-26 15:05Core Viewpoint - The Gartner class action lawsuit alleges that Gartner, Inc. and its executives made misleading statements regarding the company's contract value growth and consulting segment revenue, leading to significant stock price declines following disappointing earnings announcements [1][4][5][6]. Group 1: Lawsuit Details - The lawsuit, titled Schmidt v. Gartner, Inc., seeks to represent purchasers of Gartner common stock and claims violations of the Securities Exchange Act of 1934 [1]. - The class action alleges that Gartner misrepresented its contract value growth potential and downplayed risks associated with macroeconomic factors [4]. - Specific allegations include misleading statements about the improvement in the business environment for tariff-impacted companies and the subsequent impact on Gartner's growth [4]. Group 2: Financial Impact - On August 5, 2025, Gartner reported a decline in overall contract value growth from 7% to 5% and a drop in ex-federal contract value growth from 8% to 6%, resulting in a stock price drop of over 27% [5]. - On February 3, 2026, Gartner announced a further decline in contract value growth by an additional 2%, leading to a nearly 21% drop in stock price [6]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Gartner common stock during the class period to seek appointment as lead plaintiff [7]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [7]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [8]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [8].