Faruqi & Faruqi Reminds monday.com Shareholders of May 2026 Class Action Deadline

A federal securities class action is moving forward against monday.com Ltd. (NASDAQ: MNDY), with investors who bought shares during a roughly five-month window last year facing a May 11, 2026 deadline to seek appointment as lead plaintiff in the case.

Faruqi & Faruqi, LLP issued notices across multiple wire services reminding eligible investors of that cutoff. The firm, which has offices in New York, Pennsylvania, California and Georgia and has been litigating securities cases since 1995, said it is investigating potential claims on behalf of shareholders who purchased or acquired monday.com securities between September 17, 2025 and February 6, 2026. Partner James (Josh) Wilson is the firm's designated contact for the matter and can be reached directly at 877-247-4292 or 212-983-9330 (Ext. 1310), or through the firm's case page at faruqilaw.com/MNDY.

The substance of what plaintiffs allege goes to the heart of monday.com's growth narrative. A complaint summary circulated by the Law Offices of Howard G. Smith alleges that throughout the class period, defendants made materially false and misleading statements and failed to disclose that the company was seeing new customer growth decelerating, weaker expansion within existing accounts, and longer enterprise sales cycles. The complaint further alleges those conditions made monday.com's $1.8 billion 2027 revenue target increasingly unlikely to be met, and that defendants misled investors by providing "materially flawed statements of confidence and growth projections which did not account for these variables."

Monday.com has not issued a public response to the allegations, and no court docket number or named individual defendants have been confirmed in the publicly distributed notices. The specific federal district court where the complaint was filed has also not been identified in the available materials.

The Law Offices of Howard G. Smith filed a separate notice encouraging shareholders to join the litigation, and can be contacted by email at howardsmith@howardsmithlaw.com or by phone at (215) 638-4847.

For investors weighing whether to participate, the procedural stakes of the lead plaintiff role are worth understanding. Under the relevant procedures, the court appoints as lead plaintiff the investor with the largest financial interest in the relief sought who is also adequate and typical of the broader class. That person directs and oversees the litigation on behalf of all class members. Critically, investors who choose not to seek lead plaintiff status remain members of the putative class and retain the ability to share in any eventual recovery.

Faruqi & Faruqi also said it wants to hear from anyone with knowledge of monday.com's internal conduct during the class period, specifically naming whistleblowers and former employees alongside shareholders as potential sources of relevant information.