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Legal Alert: Class Action Filed Against monday.com Ltd.

In a significant development for investors, Robbins LLP has issued a reminder that a securities class action lawsuit has been initiated against monday.com Ltd. This lawsuit encompasses all shareholders who bought or acquired monday.com’s common stock between September 17, 2025, and February 6, 2026.

Background of the Allegations

The class action lawsuit stems from accusations that monday.com Ltd. (NASDAQ: MNDY), a prominent player in the software development industry operating across the U.S., Europe, the Middle East, Africa, and the U.K., misled investors regarding its financial health and future growth prospects. The allegations assert that the defendants projected an overly optimistic outlook for the company by claiming reliable data about its revenue and expansion strategies. More specifically, the complaint contends that monday.com's representatives failed to accurately communicate the stagnation in new customer acquisitions, diminishing growth in existing accounts, and prolonged sales cycles.

The lawsuit highlights a particularly notable moment: on February 9, 2026, the company released what appeared to be positive results for the fourth quarter and the entire fiscal year of 2025. However, they also warned of a bleaker outlook for 2026 and opted for a strategic pivot, rolling back long-term revenue targets set at $1.8 billion for 2027—a goal now categorized as increasingly unrealistic.

Following this press release, monday.com’s stock price took a significant hit, falling approximately 21%. The share price plummeted from $98.00 on February 6, 2026, to $77.63 just days later, fueled by the public’s reaction to the news of lowered expectations and the shift away from ambitious revenue goals.

What’s Next for Investors?

For current shareholders, the announcement presents an opportunity to participate in the ongoing class action against monday.com Ltd. Those who wish to fulfill the role of lead plaintiff must submit their documentation to the courts by May 11, 2026. The lead plaintiff position involves representing the interests of all class members throughout the litigation. It is important to note that investors opting not to engage in the legal proceedings retain their status as absent class members and may still be eligible for any recovery if the lawsuit is resolved favorably.

Robbins LLP reinforces that all legal representation is based on a contingency fee model, meaning shareholders will incur no costs or expenses unless there is a successful outcome.

About Robbins LLP

Founded in 2002, Robbins LLP has established itself as a leading firm in shareholder rights litigation. The expertise and dedication of its attorneys are geared towards helping shareholders recover financial losses, enhance corporate governance, and hold company executives accountable for misconduct. Interested investors can sign up for alerts through the Stock Watch platform to stay informed about the status of this class action lawsuit and any settlement announcements.

In summary, this class action serves as a critical reminder of the importance of transparency and accountability in corporate communications, particularly in fast-evolving industries like technology. Shareholders are encouraged to stay informed and take appropriate actions to protect their investments.

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