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

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

Mar. 21, 2026 at 6:30pm

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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. The lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose that monday.com was seeing new customer growth deceleration, weaker expansion within existing accounts, and longer enterprise sales cycles, making the company's $1.8 billion 2027 target increasingly unlikely to be met. Investors who purchased or acquired monday.com common stock during the class period have the opportunity to seek appointment as lead plaintiff in the lawsuit.

Why it matters

This class action lawsuit highlights the potential risks and challenges facing monday.com as it seeks to maintain its growth trajectory. The allegations of misleading statements and failure to disclose key business trends could have significant implications for the company and its investors, making the outcome of this case an important development to watch in the software and technology sector.

The details

The monday.com class action lawsuit, captioned Potter v. monday.com Ltd., No. 26-cv-01956 (S.D.N.Y.), alleges that the 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 seeing new customer growth deceleration, weaker expansion within existing accounts, and longer enterprise sales cycles. The lawsuit further alleges that these factors made monday.com's $1.8 billion 2027 target increasingly unlikely to be met, and that the defendants misled investors by providing materially flawed statements of confidence and growth projections.

  • On February 9, 2026, monday.com disclosed that 'we will no longer be discussing our previously provided 2027 targets, but we'll be centering our discussion on our 2026 outlook, which reflects the continued momentum we see across our AI work platform, new product introductions and upmarket sales motion.'
  • 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 class action lawsuit against monday.com.

monday.com Ltd.

A software company that develops applications and is the subject of the class action lawsuit.

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What they’re saying

“The law firm of Robbins Geller Rudman & Dowd LLP announces that the monday.com class action lawsuit – captioned Potter v. monday.com Ltd., No. 26-cv-01956 (S.D.N.Y.) – seeks to represent purchasers or acquirers of monday.com Ltd. (NASDAQ: MNDY) common stock and charges monday.com as well as certain of monday.com's top executive officers with violations of the Securities Exchange Act of 1934.”

— Robbins Geller Rudman & Dowd LLP

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 class action lawsuit highlights the importance of transparency and accurate financial reporting for publicly traded companies. Investors will be closely watching the outcome of this case, which could have broader implications for the software and technology sector.