#United States #New York #Class Action #Pomerantz Law #Duolingo

Introduction

The Pomerantz Law Firm has issued a crucial alert for investors who may have suffered losses on their investments in Duolingo, Inc. (NASDAQ: DUOL). The firm has filed a class action lawsuit against the company, focusing on allegations of securities fraud and deceptive business practices. Those impacted are encouraged to take timely action due to approaching deadlines that could affect their legal standing.

Background of the Lawsuit

Investors in Duolingo are urged to connect with Pomerantz LLP, specifically contacting Danielle Peyton. Interested parties can reach out via email or phone for guidance. The necessity for this class action arises from alarming reports concerning the company’s performance and subsequent drops in stock value, leading to significant investor losses.

On November 5, 2025, Duolingo disclosed its third quarter financial results, showing a troubling decline in daily active user (DAU) growth from 49% in the first quarter to just 36% in the third quarter. This marked a downward trend that raised concerns among stakeholders. Consequently, the company’s stock price plummeted by 25% post-announcement, which significantly impacted those investing in Duolingo shares.

Key Events and Developments

Further compounding the situation, Duolingo’s Chief Financial Officer, Matthew Skaruppa, announced his resignation on January 12, 2026. Coupled with disappointing preliminary fourth quarter metrics revealing an even steeper decline in DAU growth to 30%, investors were left reeling. The resignation coincided with a drop of 8.5% in stock value, which further fueled the claims of misconduct in handling financial information.

By February 26, 2026, Duolingo confirmed ongoing growth issues during the release of their fourth quarter results. They acknowledged significant adverse consequences from their operational strategy shifts, predicting a mere 20% growth in DAUs for 2026. This led to a further decline of 14% in share price, emphasizing the urgent need for a legal response from affected investors.

Seeking Justice

Investors who acquired Duolingo securities during the class period have until December 7, 2026, to request to be appointed as Lead Plaintiff. This is an essential step for anyone aiming to represent the class in court. For those wishing to know more about the lawsuit or to access a copy of the complaint, Pomerantz Law Firm offers access through their official website.

Conclusion

Pomerantz LLP is known for being at the forefront of corporate, securities, and antitrust litigation. They have built a reputation for successfully advocating for victims of securities fraud, having secured numerous substantial damage awards for their clients. Investors who believe they have been wronged are not only encouraged to step forward but to do so promptly due to the upcoming deadlines associated with this class action lawsuit.

For any investor considering participation in the class action against Duolingo, it is crucial to seek legal advice immediately to safeguard your rights and interests.

Contact Danielle Peyton at Pomerantz LLP at [email protected] or call 646-581-9980 for more information and assistance regarding the class action lawsuit against Duolingo, Inc.