Monday.com Securities Fraud Lawsuit
Analysis based on 8 articles · First reported Mar 13, 2026 · Last updated Mar 23, 2026
The market is negatively impacted by the alleged securities fraud by Monday.com, leading to significant stock price declines and investor losses. This event highlights the importance of transparent financial reporting for publicly traded companies.
Monday.com is facing a securities fraud class action lawsuit filed by the Law Offices of Howard G. Smith. The lawsuit alleges that Monday.com made materially false and misleading statements regarding its business, operations, and prospects, specifically concerning its revenue targets and growth projections. The company initially reported third-quarter 2025 revenue and maintained a $1.8 billion 2027 revenue target, despite expecting only a modest increase in the fourth quarter. This led to a 12.3% stock price drop. Later, Monday.com rescinded its 2027 revenue target and guided for a significant deceleration of top-line growth in 2026, causing its stock price to fall an additional 20.8%. The lawsuit claims Monday.com failed to disclose decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles, which made the 2027 target unlikely.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard