Contact Form

Name

Email *

Message *

Cari Blog Ini

Cxm Investors Have Opportunity To Lead Sprinklr Inc Securities Fraud Lawsuit With The Schall Law Firm

WEB CXM Investors Have Opportunity to Lead Sprinklr Inc Securities Fraud Lawsuit with the Schall Law Firm

About the Sprinklr Inc Securities Fraud Lawsuit

Investors who purchased the securities of Sprinklr Inc. ("Sprinklr") (NYSE: CXM) between December 19, 2019 and May 2, 2023, are encouraged to contact the Schall Law Firm for information concerning the Sprinklr Inc securities fraud class action lawsuit.

The Securities and Exchange Commission ("SEC") recently announced that it had charged Sprinklr Inc., its former CEO and Co-Founder, and former CFO with securities fraud.

The Allegations

According to the SEC, the defendants materially misrepresented Sprinklr's financial condition, operating results and prospects.

The SEC alleges that the defendants:

  • Overstated Sprinklr's revenue by at least $14 million.
  • Recorded revenue for contracts that had not been executed as of the end of the fiscal quarter.
  • Improperly recognized revenue from a contract while knowing that the contract was at risk of not being renewed.

These misrepresentations artificially inflated Sprinklr's stock price and caused investors to purchase Sprinklr's securities at artificially inflated prices.

The Schall Law Firm

The Schall Law Firm has extensive experience in representing investors in securities litigation. The firm has recovered billions of dollars for its clients in both individual and class action lawsuits.

The firm represents investors in all types of securities fraud cases, including those involving financial statements, accounting and disclosure issues. The firm has a strong track record of success in obtaining substantial recoveries for its clients.

A lead plaintiff acts on behalf of all other class members in directing the Sprinklr class action lawsuit. The lead plaintiff can select a law firm of its choice to represent the class. The lead plaintiff is typically the investor with the largest financial interest in the lawsuit.

If you purchased Sprinklr securities between December 19, 2019 and May 2, 2023, you may be eligible to participate in this class action lawsuit.

Contact the Schall Law Firm Today

To learn more about the Sprinklr Inc securities fraud lawsuit, please contact the Schall Law Firm today.

Contact: Shelly L. Edgerton 516-394-6533 sedgerton@schallfirm.com www.schallfirm.com LinkedIn Twitter Facebook


Comments