LOS
ANGELES, Oct. 11, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Sprinklr,
Inc. ("Sprinklr" or "the Company") (NYSE: CXM) 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 CXM 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.
CASE DETAILS: According to the Complaint, Sprinklr
allegedly made false and misleading statements when it
issued a press release on June 5,
2024, that provided full-year revenue guidance below
expectations and second-quarter guidance that failed to match
market expectations. The Company claimed it was facing soft demand
and long sales cycles. The Company also admitted that it was
suffering from high churn in its core product sales due to reduced
marketing among other factors.
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
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SOURCE DJS Law Group LLP