LOS
ANGELES, Oct. 23, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against GitLab
Inc. ("GitLab" or "the Company") (NASDAQ:GTLB) 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 GTLB 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.
CLASS PERIOD: June 6, 2023
to March 4, 2024
DEADLINE: November 4, 2024
CASE DETAILS: According to the Complaint, GitLab
concealed adverse facts about its ability to develop AI tools to
generate code more efficiently as part of the DevSecOps platform.
The Company reported strong Q1 performance on March 4, 2024, but lowered its full-year 2025
guidance. The Company admitted it needed time to build its pipeline
of deals.
If you are a shareholder who suffered a loss, contact us to
participate.
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
