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INVESTOR ALERT: Gartner, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-03-21 02:45
Core Viewpoint - The Gartner class action lawsuit alleges that Gartner, Inc. and certain 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]. Company Overview - Gartner, Inc. provides business and technology insights to help organizations make informed decisions regarding their mission-critical priorities [3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, Gartner's executives created a false impression of reliable information regarding contract value growth potential and consulting revenue outlook while downplaying risks from seasonality and macroeconomic factors [4]. - It is alleged that Gartner's executives misrepresented the improvement in the environment for "tariff impacted companies," suggesting that this would lead to continued contract value growth, despite actual declines in non-federal contract value growth [4]. - The lawsuit highlights that 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]. - Additionally, on February 3, 2026, Gartner announced a further decline in contract value growth by 2%, including a significant shortfall in the consulting segment's performance, leading to a nearly 21% drop in stock price [6]. Legal 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 in the class action lawsuit, representing the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone, and a total of $8.4 billion over the past five years [8].
INVESTOR DEADLINE: Snowflake Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – RGRD Law
Globenewswire· 2026-03-14 16:12
Core Viewpoint - The Snowflake Inc. class action lawsuit alleges that the company and certain former executives made misleading statements regarding product efficiency and revenue forecasts, leading to significant stock price declines [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Patel v. Snowflake Inc. and is filed in the Northern District of California, with a class period from June 27, 2023, to February 28, 2024 [1]. - Investors who purchased Snowflake Class A common stock during the class period have until April 27, 2026, to seek appointment as lead plaintiff [1]. - The lawsuit claims that Snowflake's product efficiency gains and tiered storage pricing were expected to negatively impact consumption and revenues, casting doubt on the company's ability to reach $10 billion in revenue by 2029 [3]. Group 2: Financial Impact - On February 28, 2024, Snowflake announced financial results indicating increased revenue headwinds due to product efficiency gains and tiered storage pricing, resulting in an over 18% drop in the stock price [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud litigation, having recovered over $916 million for investors in 2025 alone [6].