monday.com Investors Face May 11 Deadline to Seek Lead Role in Securities Class Action
The decision will set who steers the case for shareholders and shapes the legal strategy that follows.
Overview
- Investor-rights law firms this week reminded monday.com shareholders of a May 11, 2026 court deadline to ask to be appointed lead plaintiff.
- The case, already filed, targets buyers of MNDY shares from September 17, 2025 to February 6, 2026 based on alleged disclosure-related losses.
- Plaintiffs allege the company misled investors about its revenue expansion outlook, including slowing growth, weaker expansion within accounts, and longer sales cycles.
- The stock fell 12.33% to $166.21 on November 10, 2025 after softer guidance, then dropped 20.79% to $77.63 on February 9, 2026 after a weaker 2026 outlook and a pivot from a 2027 revenue target.
- No class is certified yet, so the court is expected to address consolidation in New York and select a lead investor to direct the litigation.