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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Anaplan Inc. (NYSE: PLAN) from November 21, 2019 through February 26, 2020 (the “Class Period”). The lawsuit seeks to recover damages for Anaplan Inc. investors under the federal securities laws.
If you bought Anaplan Inc. securities between November 21, 2019 through February 26, 2020, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Anaplan Inc. – PLAN
New York, N.Y., September 15, 2020. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Anaplan Inc. (NYSE: PLAN) between November 21, 2019 and February 26, 2020, inclusive (the “Class Period”).
To join the PLAN class action, go to http://zhanginvestorlaw.com/cases/anaplan-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.
According to the lawsuit, throughout the Class Period (1) the Company was undergoing sales organization and execution challenges; (2) these organizational challenges were causing the Company to miss on closing very important large deals; and (3) as a result, Anaplan’s financial guidance for “calculated billings growth” was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 23, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/anaplan-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.