LOS ANGELES, May 04, 2024 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, Inc. (“Sprout” or “the Company”) (NASDAQ: SPT) for violations of the securities laws.
The investigation 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, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
- Jack L. Marcus, Inc. Issues Notice of Privacy Breach Affecting Wisconsin Department of Corrections Population - June 15, 2025
- Greenspan & Greenspan Expands Legal Services Across Westchester, the Bronx, and Rockland County, NY - June 15, 2025
- Target Dial Sets a New Standard in AI Voice Automation, Poised to Become Canada’s Leading AI Agency - June 15, 2025
