LOS
ANGELES, July 4, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Sprout
Social, Inc. ("Sprout" or "the Company") (NASDAQ: SPT) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of SPT during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery, but will provide investors
with more control over the case.
CLASS PERIOD: November 2,
2023 to May 2, 2024
DEADLINE: July 12, 2024
CASE DETAILS: The complaint focuses on whether the
Company issued false and/or misleading statements and/or failed to
disclose information pertinent to investors. Sprout reported its
first quarter earnings on May 2,
2024. The Company missed analysts' expectations and also
underwhelmed with its guidance for the coming quarter. Based on
this news, shares of Sprout fell by 40% on May 3, 2024.
If you are a shareholder who suffered a loss, please contact
David Schwartz, the managing partner
of DJS Law Group, at David@djslawllp.com
NEXT STEPS FOR SHAREHOLDERS:
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J.
Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP