Investors of Manhattan Associates Urged to Join Securities Class Action Amid Financial Decline

Investigating Investor Claims Against Manhattan Associates

Faruqi & Faruqi, LLP, a distinguished national securities law firm, is currently conducting an in-depth investigation into potential claims involving Manhattan Associates, Inc. (NASDAQ: MANH). This inquiry is primarily aimed at assisting investors who have faced significant financial losses, specifically those exceeding $100,000, during the recent period from October 22, 2024, until January 28, 2025. Investors who meet this criterion are encouraged to reach out to partner Josh Wilson for discussions regarding their legal rights and options.

Background Information

Manhattan Associates is renowned for its robust financial performance in the tech sector, particularly in supply chain and inventory management software solutions. However, recent events have raised alarms among investors. On January 28, 2025, the company publicized its financial results for the fourth quarter of 2024, revealing a disappointing guidance cut for the entirety of fiscal year 2025. This announcement can be linked to a shift in professional services work to future periods and higher partner utilization rates, further dampening investor sentiment.

The Impact on Share Value

Following the underwhelming financial report, Manhattan Associates' stock plummeted noticeably from $295.10 per share at the close on January 28, to $222.84 on January 29, marking a staggering decline of approximately 24.49% within just one day. Such a drastic drop has left many stakeholders questioning the management’s forecasting abilities and the reliability of prior guidance provided by the company.

Legal Considerations

In light of these developments, Faruqi & Faruqi is intensifying its focus on any misleading statements made by Manhattan Associates’ executives regarding revenue projections and growth strategies. With allegations of violations of federal securities laws surfacing, the law firm aims to ensure investors are informed and have access to a platform for justice. Any investor within the described timeframe may opt to serve as a lead plaintiff in a federal securities class action against the company. This role involves directing the litigation on behalf of the putative class, yet participation—or lack thereof—will not influence their potential share of any recovery.

Faruqi & Faruqi extends a warm invitation to any potential witnesses or individuals with insider knowledge regarding Manhattan Associates. This includes past employees, current shareholders, and anyone privy to the company's strategic initiatives during the implicated timeframe.

Connecting with Faruqi & Faruqi

Interested investors seeking additional insight or wishing to formally join the investigation are encouraged to visit Faruqi & Faruqi’s website at www.faruqilaw.com/MANH or to contact partner Josh Wilson directly via phone at 877-247-4292 or 212-983-9330 (Ext. 1310). As this situation unfolds, updates will be readily shared through social media platforms.

In summary, if you are among those affected by the recent downturn in Manhattan Associates’ stock, it is essential to assess your legal options and potentially recover losses sustained. Faruqi & Faruqi, with its extensive expertise in securities litigation, stands ready to support investors during this tumultuous time.

For up-to-date information and legal guidance, follow Faruqi & Faruqi on LinkedIn, X, or Facebook. Remember, the deadline to seek lead plaintiff status is April 28, 2025.

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