Recent Security Class Actions

Palantir Technologies Inc. Class A Common Stock (NYSE: PLTR)

46 Days left to seek lead plaintiff status.

Company Name:Palantir Technologies Inc. Class A Common Stock
Stock Symbol:NYSE: PLTR
Class Period Start:11/09/2021
Class Period End (inclusive):05/06/2022
Filing Deadline:11/14/2022

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Palantir’s investments in marketable securities were having a significant negative impact on the Company’s earnings per share (“EPS”) results; (ii) Palantir overstated the sustainability of its government segment’s growth and revenues; (iii) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers, despite ongoing global conflicts and market disruptions; (iv) as a result of all the foregoing, the Company was likely to miss consensus estimates for its first quarter 2022 (“Q1”) EPS and second quarter 2022 (“Q2”) sales outlook; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Palantir Technologies Inc. Class A Common Stock (NYSE: PLTR) Claim Form

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