Robbins LLP Reminds Investors of Monday.com Lawsuit

Shareholder rights law firm alleges company misled investors about business prospects

Mar. 12, 2026 at 2:18am

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Robbins LLP has filed a class action lawsuit on behalf of investors who purchased monday.com Ltd. (NASDAQ: MNDY) common stock between September 17, 2025 and February 6, 2026. The complaint alleges that monday.com created a false impression about its projected revenue outlook and anticipated growth, failing to disclose decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles.

Why it matters

The lawsuit alleges that monday.com's misleading statements about its business prospects led to a significant drop in the company's stock price when more accurate information was eventually disclosed. This highlights the importance of transparency and accurate disclosures for publicly traded companies.

The details

According to the complaint, monday.com defendants created the false impression that they possessed reliable information about the company's projected revenue outlook and anticipated growth, citing factors like continued expansion of its core platform, AI-driven investments, increasing enterprise adoption, and multi-product integration. However, the company was allegedly experiencing decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles, making its $1.8 billion 2027 revenue target increasingly unlikely to be met. On February 9, 2026, monday.com reported positive Q4 and fiscal year 2025 results but announced a weaker 2026 outlook and a strategic shift away from its long-term 2027 revenue target, causing the stock price to decline by about 21%.

  • The class action lawsuit was filed on behalf of investors who purchased monday.com stock between September 17, 2025 and February 6, 2026.
  • On February 9, 2026, monday.com reported Q4 and fiscal year 2025 results and announced a weaker 2026 outlook, causing the stock price to decline.

The players

monday.com Ltd.

An international company that develops software applications, primarily in the United States, Europe, the Middle East, Africa and the United Kingdom.

Robbins LLP

A recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

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What’s next

Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by May 11, 2026.

The takeaway

This lawsuit highlights the importance of transparency and accurate disclosures for publicly traded companies, as misleading statements about business prospects can lead to significant stock price declines when the truth is eventually revealed.