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Munch v. Sprout Social, Inc. et al
Case Number:
1:24-cv-03867
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 13, 2024
Saxena, Cohen Milstein To Lead Sprout Social Investor Suit
Saxena White PA and Cohen Milstein Sellers & Toll PLLC will represent a putative class of social media management company Sprout Social Inc. investors in consolidated litigation after the company missed its financial guidance and struggled to integrate an influencer marketing platform it acquired.
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May 14, 2024
Social Media Software Co.'s Deal Hurt Investors, Suit Says
Social media management platform Sprout Social was hit with a proposed class action alleging that it concealed that its growth following the acquisition of an influencer marketing platform was unsustainable and that it damaged investors when disappointing financial results and a guidance-cut announcement led to a share decline.