Press release
Deadline on Oct. 23rd coming up in Lawsuit for Investors in shares of Anaplan, Inc. (NYSE: PLAN)
A Deadline is coming up on October 23, 2020 in the lawsuit for certain investors in 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.
According to the complaint filed in the U.S. District Court for the Northern District of California 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.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
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