Security Investigation

Sprinklr, Inc. (NYSE: CXM)

17 Days left to seek lead plaintiff status.

Company Name:Sprinklr, Inc.
Stock Symbol:NYSE: CXM
Court:Southern District of New York
Class Period Start:03/29/2023
Class Period End (inclusive):06/05/2024
Filing Deadline:10/15/2024

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(877) 515-1850

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 15, 2024 to file lead plaintiff applications in a securities class action lawsuit against Sprinklr, Inc. (NYSE: CXM).

Sprinklr and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On June 5, 2024, the Company disclosed disappointing financial news including significantly reduced growth expectations, cutting fiscal year 2025 projections an additional three percent, down to 7% annual growth, due to reduced customer retention in the Company’s core business and macro headwinds.

On this news, the price of Sprinklr’s shares fell from a closing price of $10.84 per share on June 5, 2024 to $9.20 per share on June 6, 2024, a decline of more than 15% in the span of one day.

If you purchased securities of Sprinklr and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.

The case is Boshart v. Sprinklr, Inc., No. 24-cv-06132.

Click here to read the first filed complaint.