Important Information for Manhattan Associates, Inc. (MANH) Investors: Class Action Lawsuit Announced
On February 26, 2025, Levi & Korsinsky, LLP issued a notification to all persons or entities who purchased or otherwise acquired securities of Manhattan Associates, Inc. (“Manhattan Associates” or the “Company”) between October 22, 2024, and January 28, 2025. The notification concerned a class action lawsuit, Timothy Prime v. Manhattan Associates, Inc., which was filed in the United States District Court for the Southern District of New York.
Details of the Class Action Lawsuit
The lawsuit alleges that Manhattan Associates and certain of its top executives made materially false and misleading statements regarding the Company’s business, operational, and financial metrics. The complaint alleges that these false statements were made to artificially inflate Manhattan Associates’ stock price, resulting in damages to investors.
Impact on Individual Investors
If you purchased or otherwise acquired Manhattan Associates securities during the class period, you may be entitled to participate in the class action lawsuit. The damages you may be eligible to recover include any financial losses incurred as a result of purchasing Manhattan Associates securities during the class period. It is important for investors to remain vigilant and keep records of their purchases and losses. If you wish to learn more about your potential eligibility, you can contact Levi & Korsinsky, LLP.
Impact on the Wider World
The class action lawsuit against Manhattan Associates is a significant development for the technology industry and the investment community as a whole. It underscores the importance of accurate and transparent reporting by publicly traded companies. This lawsuit also serves as a reminder that investors must exercise caution when making investment decisions based on publicly available information.
Conclusion
The class action lawsuit against Manhattan Associates, Inc. is an important development for investors who purchased or otherwise acquired the Company’s securities during the class period. If you believe you may be eligible to participate in the lawsuit, it is crucial to contact Levi & Korsinsky, LLP to discuss your potential claim. This lawsuit also serves as a reminder to investors of the importance of accurate and transparent reporting by publicly traded companies. As the legal proceedings unfold, it will be interesting to see how this case will impact the technology industry and the investment community as a whole.
- Levi & Korsinsky, LLP issued a notification to Manhattan Associates investors regarding a class action lawsuit
- The lawsuit, Timothy Prime v. Manhattan Associates, was filed in the Southern District of New York
- The lawsuit alleges that Manhattan Associates and certain executives made false statements regarding the Company’s business and financial metrics
- Individual investors who purchased or otherwise acquired Manhattan Associates securities during the class period may be eligible to participate in the lawsuit
- The lawsuit serves as a reminder to investors of the importance of accurate and transparent reporting by publicly traded companies
