Workflow
INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Sprout Social, Inc. with Losses to Contact the Firm
SPTSprout Social(SPT) GlobeNewswire News Room·2024-06-05 15:30

According to the Complaint, the Company made false and misleading statements to the market. Sprout's sales growth was not indicative of its future growth as it moved towards an enterprise sales cycle. The Company failed to effectively integrate its Tagger integration. The Company faced "self induced sales headwinds." The Company would be forced to revise fiscal year 2024 revenue guidance. Based on these facts, the Company's public statements were false and materially misleading. When the market learned the ...