The Rosen Law Firm, P.A., has issued a reminder to investors of monday.com Ltd. (NASDAQ: MNDY) regarding an upcoming deadline in a pending securities class action lawsuit. According to a press release from the firm, investors who purchased monday.com securities between May 15, 2024, and February 19, 2026, have until April 29, 2026, to petition the court to be appointed as lead plaintiff.
The class action, filed in the United States District Court for the Southern District of New York, alleges that monday.com and certain of its officers made materially false and misleading statements during the class period. The complaint asserts these statements concerned the company's business, operations, and prospects, which allegedly inflated the market price of monday.com securities.
Rosen Law Firm, which states it has secured hundreds of millions of dollars for investors in previous cases, is encouraging shareholders to secure qualified legal counsel before the deadline. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
Investors who wish to join the action or discuss their rights are directed to contact the law firm. The case is pending under the caption In re monday.com Ltd. Securities Litigation. No outcome of the litigation is guaranteed.
