Data News > Shareholders Urged to Act before October 15 in Sprinklr, Inc. Securities Lawsuit

Shareholders Urged to Act before October 15 in Sprinklr, Inc. Securities Lawsuit

By KlickAnalytics Data Insights  |   September 5, 2024 08:03PM ET

Key Points

- Multiple law firms announce class action lawsuits against Sprinklr, Inc. for securities fraud.
- Investors with substantial losses encouraged to take legal action against Sprinklr.
- Deadline for lead plaintiff involvement in the class action lawsuit is October 15, 2024.
- Sprinklr, Inc. facing allegations of violations of federal securities laws.
- Analysts lower forecasts on Sprinklr following Q2 results.

Several law firms, including Levi & Korsinsky and Glancy Prongay & Murray LLP, have announced class action lawsuits against Sprinklr, Inc. for securities fraud. Investors who have suffered significant losses as a result of their investment in Sprinklr are encouraged to take legal action to potentially recover their losses. The lead plaintiff deadline for involvement in the class action lawsuit is set for October 15, 2024.

The lawsuits allege that Sprinklr, Inc. violated federal securities laws, prompting multiple law firms to take action on behalf of affected investors. The Schall Law Firm reminds investors who purchased Sprinklr securities between March 29, 2023, and June 5, 2024, to contact the firm before October 14, 2024, to discuss their legal options.

Following the announcement of mixed second-quarter financial results and a reduction in FY25 adjusted EPS guidance below estimates, analysts have lowered their forecasts for Sprinklr. This development has further exacerbated the situation for investors who may have already suffered losses as a result of their investment in the company.

With the looming deadline of October 15, 2024, investors in Sprinklr, Inc. are urged to act swiftly to discuss their rights and potential recovery options. Shareholders should consider contacting relevant law firms, such as Levi & Korsinsky and The Gross Law Firm, to explore their legal recourse in light of the ongoing securities fraud allegations against Sprinklr.

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