ReleaseWire

NYSE:PLTR Investor Alert: Deadline on November 14, 2022 in Lawsuit Against Palantir Technologies Inc.

A Deadline is coming up on November 14, 2022 in the lawsuit for certain investors in Palantir Technologies Inc. (NYSE:PLTR) and NYSE: PLTR stockholders should contact the Shareholders Foundation.

Posted: Monday, November 14, 2022 at 11:00 AM CST

San Diego, CA -- (SBWire) -- 11/14/2022 --The Shareholders Foundation announced that a deadline is coming up on November 14, 2022 in the lawsuit filed for certain investors of Palantir Technologies Inc. (NYSE: PLTR).

Investors who purchased shares of Palantir Technologies Inc. (NYSE: PLTR) have certain options and there are strict and short deadlines running. Deadline: November 14, 2022. NYSE: PLTR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Palantir Technologies Inc. (NYSE: PLTR) common shares between November 9, 2021 and May 6, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 9, 2021 and May 6, 2022, the Defendants made false and/or misleading statements and/or failed to disclose that Palantir's investments in marketable securities were having a significant negative impact on the Company's earnings per share ("EPS") results, that Palantir overstated the sustainability of its government segment's growth and revenues, that Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers, despite ongoing global conflicts and market disruptions, that as a result of all the foregoing, the Company was likely to miss consensus estimates for its first quarter 2022 ("Q1") EPS and second quarter 2022 ("Q2") sales outlook, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Palantir Technologies Inc. (NYSE: PLTR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.