The lawsuit alleges that Sprinklr and certain of its officers and directors made materially false and misleading statements and/or failed to disclose material adverse facts about the company's business, operations, and financial condition. Specifically, the lawsuit alleges that the defendants:
- Overstated Sprinklr's revenue and earnings
Failed to disclose that Sprinklr was experiencing a slowdown in growth- Failed to disclose that Sprinklr was facing increased competition
Failed to disclose that Sprinklr was having difficulty integrating its acquisitionsAs a result of these alleged misrepresentations and omissions, Sprinklr's stock price fell significantly, causing investors to suffer substantial losses.The Gross Law Firm is a nationally recognized securities law firm with a reputation for excellence. The firm has recovered billions of dollars for investors who have been the victims of securities fraud. If you purchased Sprinklr securities between March 1, 2021 and May 26, 2022, you may be eligible to recover your losses. Contact The Gross Law Firm today for a free consultation.The Gross Law Firm1515 Broadway, 41st FloorNew York, NY 10036(212) 551-9260[email protected]This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.