Recent Security Class Actions

Elastic N.V. Ordinary Shares (NYSE: ESTC)

42 Days left to seek lead plaintiff status.

Company Name:Elastic N.V. Ordinary Shares
Stock Symbol:NYSE: ESTC
Class Period Start:05/31/2024
Class Period End (inclusive):08/29/2024
Filing Deadline:04/14/2025

The Elastic class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Elastic had implemented significant changes to its sales operations, particularly with respect to its customer segments in the Americas; (ii) the foregoing changes were likely to, and did, disrupt Elastic's sales operations during the first quarter of its fiscal year 2025; (iii) accordingly, defendants had overstated the stability of Elastic's sales operations; and (iv) as a result, Elastic was unlikely to meet its own previously issued revenue guidance for its fiscal year 2025.

Elastic N.V. Ordinary Shares (NYSE: ESTC) Claim Form

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