NEW
YORK, Oct. 19, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Palantir
Technologies Inc..
Shareholders who purchased shares of PLTR during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/palantir-technologies-inc-loss-submission-form/?id=32659&from=4
CLASS PERIOD: November 9,
2021 to May 6, 2022
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Palantir's
investments in marketable securities were having a significant
negative impact on the Company's earnings per share ("EPS")
results; (ii) Palantir overstated the sustainability of its
government segment's growth and revenues; (iii) Palantir was
experiencing a significant slowdown in revenue growth, particularly
among its government customers, despite ongoing global conflicts
and market disruptions; (iv) as a result of all the foregoing, the
Company was likely to miss consensus estimates for its first
quarter 2022 EPS and second quarter 2022 sales outlook; and (v) as
a result, the Company's public statements were materially false and
misleading at all relevant times.
DEADLINE: November 14, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/palantir-technologies-inc-loss-submission-form/?id=32659&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of PLTR during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is November 14, 2022. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm