Press release
Elastic N.V. (NYSE: ESTC) Investor Alert: Deadline in Lawsuit on April 14, 2025
A Deadline is coming up on April 14, 2025 in the lawsuit for certain investors in Elastic N.V. (NYSE: ESTC).
Investors who purchased shares of Elastic N.V. (NYSE: ESTC) have certain options and there are strict and short deadlines running. Deadline: April 14, 2025. Elastic N.V. (NYSE: ESTC) 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 Eastern District of New York the plaintiff alleges on behalf of purchasers of Elastic N.V. (NYSE: ESTC) common shares between May 31, 2024 and August 29, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 31, 2024 and August 29, 2024, the Defendants made false and/or misleading statements and/or failed to disclose that Elastic had implemented significant changes to its sales operations, particularly with respect to its customer segments in the Americas, that the foregoing changes were likely to, and did, disrupt Elastic's sales operations during the first quarter of its FY 2025, that accordingly, Defendants had overstated the stability of Elastic's sales operations, that as a result of all the foregoing, Elastic was unlikely to meet its own previously issued revenue guidance for its FY 2025, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of Elastic N.V. (NYSE: ESTC) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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