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

The lawsuit alleges monday.com misled investors about its growth and revenue outlook.

Apr. 16, 2026 at 4:54pm

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A photorealistic studio still life featuring a stack of legal documents, a calculator, and a pen arranged on a clean white background, symbolizing the abstract corporate strategy and financial implications of the monday.com class action lawsuit.A class action lawsuit alleges monday.com misled investors about its growth and revenue outlook, opening the door for shareholders to potentially recoup losses.San Diego Today

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 executive officers. The lawsuit alleges that the company made false and/or misleading statements about its projected revenue outlook and anticipated growth, when it was actually seeing new customer growth deceleration, weaker expansion within existing accounts, and longer enterprise sales cycles.

Why it matters

This lawsuit represents an opportunity for monday.com investors who suffered substantial losses to potentially recoup those losses by serving as the lead plaintiff in the class action. The outcome of the case could have significant financial implications for the company and its leadership.

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 a false impression that they possessed reliable information about monday.com's projected revenue outlook and anticipated growth. However, the lawsuit claims the company was actually seeing new customer growth deceleration, weaker expansion within existing accounts, and longer enterprise sales cycles, making its $1.8 billion 2027 target increasingly unlikely to be met. 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.

  • 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.'
  • The monday.com class action lawsuit must be filed with the court no later than Monday, May 11, 2026.

The players

Robbins Geller Rudman & Dowd LLP

A law firm representing investors in securities fraud and shareholder rights litigation. The firm has recovered more than $916 million for investors in 2025, marking its fourth #1 ranking in the past five years.

monday.com Ltd.

A software company that develops applications, including its core platform, AI-driven investments, and products for enterprise adoption and multi-product integration.

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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 Monday, May 11, 2026.

The takeaway

This lawsuit represents an important opportunity for monday.com investors who suffered substantial losses to potentially recoup those losses by serving as the lead plaintiff in the class action. The outcome could have significant financial implications for the company and its leadership.