May 04, 2026
Software company MongoDB Inc. must face some but not all claims from a proposed investor class action alleging it failed to disclose the financial fallout from a change in its customer acquisition strategy, a Manhattan federal judge has ruled.
November 14, 2024
A pair of pension funds represented by Robbins Geller Rudman & Dowd LLP has beaten out individual investors vying to lead a shareholder class action against MongoDB Inc. over the software company's growth projections.
July 11, 2024
Software company MongoDB Inc. and two of its executives are facing a proposed investor class action claiming they misguided shareholders about the anticipated impact of a change to the company's sales practices the executives recently cited while revising growth projections downward, causing the company's share price to nosedive.