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CXM Investors Have Opportunity to Lead Sprinklr, Inc. Securities Fraud Litigation

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CXM Investors Have Opportunity to Lead Sprinklr, Inc. Securities Fraud Litigation

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New York, August 30, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, advises investors on the purchase of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024consisting of two dates (the “Litigation Period”), with the important Lead Plaintiff Deadline of October 15, 2024.

So: If you purchased Sprinklr securities during the period of litigation, you may be entitled to compensation through a contingency fee arrangement without payment of any out of pocket fees or costs.

What to do next: To join the Sprinklr class action lawsuit, visit https://rosenlegal.com/submit-form/?case_id=27960 Or call Mr. Phillip Kim Toll-free: 866-767-3653 or email (email protected)A class action lawsuit has been filed. If you wish to serve as lead plaintiff, you must file a class action lawsuit no later than October 15, 2024The lead plaintiff is a representative party who directs the litigation on behalf of other class members.

Why Choose Rosen Law: We encourage investors to choose qualified counsel with a track record of success in leadership positions. Often, the firms that file notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually file securities class action lawsuits, but simply refer clients to law firms that actually file lawsuits or to intermediaries that work with law firms. Choose your counsel wisely. Rosen Law Firm represents investors around the globe and focuses its practice on securities class actions and shareholder derivative lawsuits. Rosen Law Firm has achieved the largest-ever securities class action settlement against a Chinese company. In 2017, Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for number of securities class action settlements. The firm has been ranked in the top four each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm received over $438 million In 2020, the founding partner Lawrence Rosen Named a Titan in Plaintiffs Law by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Case details: According to the lawsuit, statements made throughout the litigation were false and/or materially misleading because defendants created the false impression that they had reliable information about Sprinklr’s projected revenue outlook and expected growth, while also minimizing the risk of seasonality and macroeconomic fluctuations. In fact, Sprinklr had shifted its focus away from proven growth areas and aggressively focused on scaling new businesses through Contact Center as a Service (CCaaS), causing short-term growth to be artificially inflated. Defendants misled investors by continually providing forecasts that failed to account for the implementation difficulties of scaling new products and/or failed to adequately disclose the fact that Sprinklr did not currently have an adequate forecasting process. When the true details entered the market, the lawsuit alleges that investors suffered losses.

To join the Sprinklr class action lawsuit, visit https://rosenlegal.com/submit-form/?case_id=27960 Or call Mr. Phillip Kim Toll-free: 866-767-3653 or email (email protected) Learn about class action lawsuits.

No class action has yet been certified. Until a class action is certified, you will not be represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and take no action at this time. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee similar results.

contact information:

Mr. Lawrence Rosen
Mr. Phillip Kim
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York City, New York 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
(email protected)
www.rosenlegal.com

SOURCE Rosen Law Firm



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