Investors Seek Lead Plaintiff Role in monday.com Class Action Lawsuit

Robbins Geller Rudman & Dowd LLP announces opportunity for monday.com investors with substantial losses

Mar. 21, 2026 at 5:50pm

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The law firm of Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against monday.com Ltd. (NASDAQ: MNDY) and certain of its top executive officers, alleging violations of the Securities Exchange Act of 1934. The lawsuit, captioned Potter v. monday.com Ltd., No. 26-cv-01956 (S.D.N.Y.), seeks to represent purchasers or acquirers of monday.com common stock during the class period. Investors with substantial losses are being given the opportunity to lead the class action lawsuit, with a deadline of May 11, 2026 to file a lead plaintiff motion.

Why it matters

The monday.com class action lawsuit alleges that the company and its executives made false and/or misleading statements and failed to disclose that monday.com was seeing decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles, making the company's $1.8 billion 2027 target increasingly unlikely to be met. This case could have significant financial implications for investors who suffered substantial losses.

The details

The lawsuit alleges that defendants created the false impression that they possessed reliable information pertaining to monday.com's projected revenue outlook and anticipated growth, when in reality the company was facing challenges that made its 2027 target increasingly unattainable. On February 9, 2026, monday.com disclosed that it would no longer be discussing its previously provided 2027 targets, causing the stock price to fall nearly 21%.

  • The class period for the monday.com lawsuit is currently unspecified.
  • Lead plaintiff motions for the monday.com class action lawsuit must be filed with the court no later than May 11, 2026.

The players

Robbins Geller Rudman & Dowd LLP

A law firm representing investors in securities fraud and shareholder rights litigation, and the firm filing the monday.com class action lawsuit.

monday.com Ltd.

A software company that develops applications, and the defendant in the class action lawsuit.

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What’s next

Lead plaintiff motions for the monday.com class action lawsuit must be filed with the court no later than May 11, 2026.

The takeaway

This case highlights the importance for investors to carefully scrutinize a company's financial disclosures and growth projections, as allegations of misleading statements can lead to significant losses and class action lawsuits against the company and its executives.