Join the Class Action Against Elastic N.V.
Attention, shareholders of Elastic N.V. (NYSE: ESTC)! The Gross Law Firm is reaching out to inform you about an ongoing class action lawsuit against the company. If you purchased shares of ESTC during the designated class period (from May 31, 2024, to August 29, 2024), you may be eligible to take part in this significant legal action. The deadline to register for participation is April 14, 2025.
Allegations Against Elastic N.V.
The claims in this lawsuit center on allegations that Elastic made several materially false and misleading statements, and failed to disclose critical information concerning its sales operations. Specifically, it is alleged that:
1. Elastic made substantial changes to its sales operations, particularly in its customer segments across the Americas.
2. These changes disrupted sales operations significantly during the first quarter of FY 2025.
3. The company had previously overstated the stability of its sales.
4. As a result of these factors, Elastic was unlikely to achieve its previously set revenue guidance for FY 2025.
5. The statements made by the defendants were materially false and misleading throughout the relevant period.
Importance of Taking Action
If you are a shareholder impacted by these allegations, it's crucial to act now to protect your rights. Registering as a participant in this class action will not incur any costs or obligations on your part and will allow you to be kept informed about the status of the case through a portfolio monitoring software.
To register your information for the class action, please visit
this link.
Why Choose The Gross Law Firm?
As a nationally recognized law firm specializing in class action lawsuits, The Gross Law Firm is dedicated to advocating for investors harmed by deceptive practices. The firm ensures that companies are held accountable and that investors’ rights are vigorously protected. Their mission involves pursuing recovery for investors who have suffered losses due to fraudulent activities and misleading information.
Next Steps for Shareholders
Shareholders who registered during the specified period are encouraged to monitor their email for updates regarding the progress of the class action case. The aim is to achieve a successful outcome on behalf of all affected shareholders.
For direct inquiries, reach out via:
- - Email: [email protected]
- - Phone: (646) 453-8903
- - Address: The Gross Law Firm, 15 West 38th Street, 12th floor, New York, NY, 10018.
This is a pivotal moment for shareholders of Elastic N.V. who feel wronged. Make sure you are part of this action to seek justice and potential recovery for your losses, as the April 14, 2025, deadline approaches swiftly.