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Stock impact report

SPT 10-DAY CLASS ACTION DEADLINE: BFA Law Alerts Sprout Social, Inc. (Nasdaq:SPT) Investors that Lost Money to Contact Us before July 12, 2024 Court Deadline

Sprout Social, Inc - Class A (SPT) 
Last sprout social, inc - class a earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP announces the upcoming July 12, 2024, deadline in the Sprout Social (Nasdaq: SPT) Securities Class Action Lawsuit. If you invested in Sprout Social, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/sprout-social-inc-investigation. Why is SPT being Sued? On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between November 2, 2023 and May 2, 2024 Spout Social failed to disclose to investors: (1) the Company’s sales and revenue growth were not indicative of the Company’s growth as it transitioned to an enterprise sales cycle; (2) that the Company faced integration challenges with its acquisition of Tagger; (3) as a result, the Company faced “sales headwinds;” (4) as a result, the Company would revise fiscal year 2024 revenue guidance; and (5) that, as a result of the foregoing, Defendants’ posit Show less Read more
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