Wed Sep 18 02:11:00 UTC 2024: ## Sprinklr Investors Have Until October 15th to Join Class Action Lawsuit
**New Orleans, LA** – Kahn Swick & Foti, LLC (KSF) is reminding investors who purchased Sprinklr, Inc. (NYSE: CXM) securities between March 29, 2023, and June 5, 2024, that they have until October 15th, 2024, to file lead plaintiff applications in a securities class action lawsuit against the company.
The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that Sprinklr and its executives failed to disclose material information during the Class Period, violating federal securities laws.
Specifically, the lawsuit claims that Sprinklr concealed declining customer retention in its core business and the impact of macroeconomic headwinds, which ultimately led to a significant reduction in growth expectations and a subsequent drop in share price.
On June 5th, 2024, Sprinklr announced disappointing financial news, including reduced growth projections for fiscal year 2025, leading to a 15% decline in share price the following day.
Investors who purchased Sprinklr securities during the Class Period are encouraged to contact KSF Managing Partner Lewis Kahn for more information. The deadline to petition the Court as a lead plaintiff is October 15th, 2024.
**About Kahn Swick & Foti, LLC:**
KSF is a national securities litigation law firm with offices in New York, Delaware, California, Louisiana, and New Jersey. They represent institutional and retail investors in seeking recoveries for investment losses stemming from corporate fraud or malfeasance.