Robbins LLP Reminds Investors of Lead Plaintiff Deadline in monday.com Class Action

Lawsuit alleges company misled investors about business prospects and growth targets

Mar. 16, 2026 at 6:38pm

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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 lawsuit alleges that monday.com misled investors about its business prospects and growth targets, causing the stock price to decline by 21% when the company issued weaker than expected guidance.

Why it matters

This case highlights the importance of companies providing accurate and transparent information to investors, especially regarding their financial outlook and growth projections. Lawsuits like this can hold companies accountable for misleading statements that impact shareholder value.

The details

According to the complaint, monday.com created a false impression that it had reliable information about its projected revenue and anticipated growth, when in reality the company was seeing decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles. This made the company's $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, 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.

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.

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What’s next

The lead plaintiff deadline for the class action is May 11, 2026. Shareholders who wish to serve as lead plaintiff must submit their papers to the court by this date.

The takeaway

This case highlights the importance of companies providing accurate and transparent information to investors, especially regarding their financial outlook and growth projections. Lawsuits like this can hold companies accountable for misleading statements that impact shareholder value.