Monday.com Investors Press Securities Class Action as May 11 Lead-Plaintiff Deadline Nears

Overview

• Robbins Geller joined a growing list of plaintiff firms seeking to represent shareholders, announcing the case as Potter v. monday.com Ltd., No. 26-cv-01956 in the Southern District of New York.
• The complaint says executives misled investors about growth by masking slower new-customer adds, weaker expansion within accounts, and longer enterprise sales cycles.
• monday.com withdrew its $1.8 billion 2027 revenue goal and projected slower 2026 growth after it flagged weak self-serve marketing to small businesses and a 100 to 200 basis point drag from a stronger Israeli shekel.
• The company said it would spend more on AI products and infrastructure, guiding gross margins down from about 90% to the mid to high 80s and planning mid‑teens headcount growth in sales and R&D as early AI revenue remained small.
• Eligible investors who bought shares between September 17, 2025 and February 6, 2026 can seek to lead the case by May 11, 2026 or remain absent class members, and the litigation is in an early stage with no finding of liability.