LOS ANGELES, Sept. 9, 2024 /PRNewswire/ -- The DJS Law Group
reminds investors of a class action lawsuit against MongoDB, Inc.
("MongoDB" or "the Company") (NASDAQ: MDB) for violations of
§§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule
10b-5 promulgated thereunder by the
U.S. Securities and Exchange Commission.
Shareholders who purchased shares of MDB during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: The Complaint alleges that
MongoDB made false and misleading statements to the market when it
touted its anticipated growth and ability to manage macroeconomic
fluctuations. MongoDB's sales incentives encouraged low-value
enrollments. The Company's public statements were false and
materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP