Investors with Substantial Losses Have Opportunity to Lead monday.com Class Action Lawsuit

Robbins Geller Rudman & Dowd LLP announces class action lawsuit against monday.com Ltd. and its executives

Mar. 21, 2026 at 5:11pm

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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.

Why it matters

The monday.com class action lawsuit seeks to represent purchasers or acquirers of monday.com common stock and charges the company and its executives with violations of the Securities Exchange Act of 1934. This lawsuit could have significant financial implications for monday.com and its investors, particularly those who suffered substantial losses.

The details

The 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 the defendants misled investors by providing the public with materially flawed statements of confidence and growth projections that did not account for these variables.

  • The class action lawsuit must be filed with the court no later than May 11, 2026.
  • On February 9, 2026, monday.com disclosed that it would no longer be discussing its previously provided 2027 targets, but would instead be centering its discussion on its 2026 outlook.

The players

Robbins Geller Rudman & Dowd LLP

A law firm that represents investors in securities fraud and shareholder rights litigation. The firm has ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025.

monday.com Ltd.

A software company that develops applications and tools for businesses.

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What’s next

The judge in the case will decide on May 11, 2026 whether to allow the class action lawsuit to proceed.

The takeaway

This class action lawsuit highlights the importance of transparency and accuracy in financial reporting, as well as the potential consequences for companies and executives who are accused of misleading investors. The outcome of this case could have significant implications for monday.com and its shareholders.