A Deadline is coming up on October 23, 2020 in the lawsuit for certain investors in Anaplan, Inc. (NYSE:PLAN) and NYSE:PLAN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/21/2020 -- A deadline is coming up on October 23, 2020 in the lawsuit filed for certain investors of Anaplan, Inc. (NYSE: PLAN).
Investors who purchased shares of Anaplan, Inc. (NYSE: PLAN) have certain options and there are strict and short deadlines running. Deadline: October 23, 2020. NYSE: PLAN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Anaplan, Inc. (NYSE: PLAN) common shares between November 21, 2019 and February 26, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 21, 2019 and February 26, 2020, the defendants made false and/or misleading statements and/or failed to disclose to investors that the Company was undergoing sales organization and execution challenges, that these organizational challenges were causing the Company to miss on closing very important large deals, and that as a result, Anaplan's financial guidance for "calculated billings growth" was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.
Those who purchased shares of Anaplan, Inc. (NYSE: PLAN) 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 Shareholders Foundation, Inc.
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.