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monday.com Ltd. (MNDY) Class Action Lawsuit: Investors Face May 11, 2026, Deadline

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(Negative)
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Rhea-AI Summary

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Positive

  • None.

Negative

  • None.

News Market Reaction – MNDY

+0.35%
+0.35% Session close to close

In the Apr 2 session, MNDY gained 0.35%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details a securities fraud class action focused on alleged misstatements about rev...
Analysis

This announcement details a securities fraud class action focused on alleged misstatements about revenue outlook and growth, tied to the February 2026 guidance reversal and stock drop of 20.8% to $77.63. It adds to prior scrutiny of guidance and profitability. Investors can monitor litigation milestones, future financial disclosures, and any updates on growth expectations relative to the rescinded $1.8 billion 2027 target.

Key Figures

Class period start: September 17, 2025 Class period end: February 6, 2026 Lead plaintiff deadline: May 11, 2026 +5 more
8 metrics
Class period start September 17, 2025 MNDY securities fraud class action period
Class period end February 6, 2026 MNDY securities fraud class action period
Lead plaintiff deadline May 11, 2026 Deadline to seek lead plaintiff status in MNDY class action
Rescinded revenue target $1.8 billion 2027 revenue target withdrawn on February 9, 2026
Stock price drop $20.37 Single-day decline on February 9, 2026, after guidance update
One-day decline 20.8% Price fall on February 9, 2026, closing at $77.63
Close after drop $77.63 Closing price on February 9, 2026 after guidance news
Litigation recoveries over $25 billion Total recovered by KTMC for clients and classes

Historical Context

5 past events · Latest: Mar 26 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 26 Lawsuit announcement Negative +0.1% Claims management allegedly inflated revenue projections, prompting legal action.
Mar 13 Annual report filing Neutral +1.7% Filed 2025 Form 20-F with audited financials for year-end 2025.
Mar 11 AI platform update Positive -2.0% Announced new infrastructure enabling external AI agents on the platform.
Mar 04 Profitability analysis Negative +3.4% Commentary that non-GAAP margins masked declining GAAP profitability.
Feb 25 Guidance history review Negative -1.4% Review of guidance statements leading to the February 2026 reversal.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has often seen mixed reactions, with several negative-sounding items followed by both gains and losses, indicating inconsistent trading responses to headlines.

Recent Company History

This announcement continues a stream of scrutiny around monday.com’s growth narrative and financial disclosures. Recent items include a prior lawsuit over allegedly inflated revenue projections on Mar 26, 2026, the filing of the 2025 Form 20-F on Mar 13, 2026, and an AI platform expansion on Mar 11, 2026. Earlier pieces examined non-GAAP versus GAAP profitability and guidance leading to the February 2026 reversal, framing today’s class action as part of a broader reassessment.

Key Terms

securities fraud class action lawsuit, lead plaintiff, contingency fee basis
3 terms
securities fraud class action lawsuit regulatory
"What: Securities fraud class action lawsuit filed"
A securities fraud class action lawsuit is a legal claim where a group of investors sues a company or its leaders for misleading statements or withheld information that allegedly caused the investors to lose money. Think of it like many customers joining forces to demand refunds after being sold a faulty product; for investors, such lawsuits can signal potential financial harm, lead to fines or payouts, and affect a company’s stock price and reputation.
lead plaintiff regulatory
"Deadline to Seek Lead Plaintiff Status: May 11, 2026"
The lead plaintiff is the representative investor chosen to speak and act on behalf of a group of shareholders in a securities lawsuit. Think of them as the elected spokesperson for a neighborhood when everyone sues a landlord: they coordinate the legal case, make strategic decisions, and negotiate settlements, so their choices can shape outcomes and any recovery that reaches all affected investors. Investors care because the lead plaintiff’s resources and approach can influence the size and speed of any payout and the costs deducted from it.
contingency fee basis financial
"All representation is on a contingency fee basis, there is no cost to you."
A contingency fee basis is an arrangement where a service provider, commonly a lawyer, is paid only if a claim or case succeeds; payment is taken as a pre-agreed share of the money recovered rather than regular hourly fees. For investors this matters because it can influence whether lawsuits are filed, the size of eventual settlements or judgments, and a company’s future cash obligations and stock volatility—like hiring a repair person who only gets paid if the repair actually fixes the problem.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Did you buy MNDY common stock between September 17, 2025, and February 6, 2026?

Affected MNDY Investor Summary

  • Who: monday.com Ltd. (NASDAQ: MNDY)
  • What: Securities fraud class action lawsuit filed
  • Class Period: September 17, 2025 through February 6, 2026
  • Deadline to Seek Lead Plaintiff Status: May 11, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company's revenue outlook
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, Pa., April 2, 2026 /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against monday.com Ltd (monday.com) (NASDAQ: MNDY) on behalf of those who purchased or acquired monday.com common stock between September 17, 2025, and February 6, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Potter v. monday.com Ltd., Case No. 26-cv-01956 (S.D.N.Y.). Investors have until May 11, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired monday.com common stock and have lost money on your investment, you are encouraged to contact KTMC attorney Jonathan Naji, Esq. at:

There is no cost or obligation to speak with an attorney.

Learn more about monday.com Ltd. on YouTube:

MONDAY.COM LTD. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company's business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) new customer growth was decelerating, and the company was experiencing weak expansion within existing accounts; (2) monday.com's AI investments were inadequate as durable drivers of long-term growth; and (3) as a result of the foregoing, Defendants' statements about the company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did monday.com's Stock Drop?
On February 9, 2026, monday.com released its fourth quarter and full year 2025 financial results and revealed that the company was rescinding its $1.8 billion 2027 revenue target, and was, in fact, guiding for a significant deceleration of top line growth in 2026. On this news, monday.com's stock price fell $20.37, or 20.8%, to close at $77.63 per share on February 9, 2026. 

WHAT MNDY INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by May 11, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR MONDAY.COM LTD. INVESTORS:
monday.com investors may, no later than May 11, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages monday.com investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mondaycom-ltd-mndy-class-action-lawsuit-investors-face-may-11-2026-deadline-302732984.html

SOURCE Kessler Topaz Meltzer & Check, LLP