News

Rosen Law Firm Investigates Monday.com Amid Securities Class Action Filing

Two law firms are pursuing securities claims against monday.com, alleging executives misled investors about the company's path to a $1.8 billion 2027 revenue target.

Lauren Xu2 min read
Published
Listen to this article0:00 min
Share this article:
Rosen Law Firm Investigates Monday.com Amid Securities Class Action Filing
Source: third-news.com

Two plaintiffs' law firms are moving against monday.com Ltd. over what they allege were misleading statements about the company's growth trajectory, with a federal lawsuit already filed in New York and a second firm announcing its own investigation.

Robbins Geller Rudman & Dowd LLP filed the first shot: Potter v. monday.com Ltd., No. 26-cv-01956, in the U.S. District Court for the Southern District of New York. The lawsuit charges monday.com and certain of its top executive officers with violations of the Securities Exchange Act of 1934, covering a class period of September 17, 2025 through February 6, 2026. The Rosen Law Firm, P.A. followed with its own announcement on March 11, 2026, saying it is investigating the company and soliciting shareholders to serve as lead plaintiff, with motions due by May 11, 2026.

The core of the Robbins Geller complaint is a tension between the public story monday.com was telling investors and what was allegedly happening inside the business. The lawsuit claims defendants "created the false impression that they possessed reliable information pertaining to monday.com's projected revenue outlook and anticipated growth on the back of its continued expansion of its core platform, AI-driven investments, increasing enterprise adoption and multi-product integration." At the same time, the complaint alleges, the company was actually experiencing decelerating new customer growth, weaker expansion within existing accounts, and longer enterprise sales cycles, making the company's $1.8 billion 2027 revenue target "increasingly unlikely to be met."

That $1.8 billion figure is significant. It represents a public commitment monday.com made to investors, and the lawsuit's central argument is that the metrics undermining it were known or knowable to executives during the class period while investors were kept in the dark.

AI-generated illustration
AI-generated illustration

Monday.com has not issued a public response to the allegations. The complaints do not specify which executive officers are named as defendants beyond the reference to "certain of monday.com's top executive officers," and the full text of allegation three in the Robbins Geller complaint was not available at publication.

Both firms are now competing to represent the plaintiff class. Robbins Geller attorney J.C. Sanchez can be reached at 800-449-4900 or info@rgrdlaw.com. Rosen attorney Phillip Kim is available at 866-767-3653. Rosen notes that all representation is on a contingency fee basis, with shareholders paying no fees or expenses, and that investors who choose not to participate can remain absent class members and still be eligible for any recovery.

The convergence of two well-resourced plaintiffs' firms on the same class period, with the same alleged corrective event window ending February 6, 2026, signals that the litigation is likely to intensify as the May 11 lead-plaintiff deadline approaches.

Know something we missed? Have a correction or additional information?

Submit a Tip
Your Topic
Today's stories
Updated daily by AI

Name any topic. Get daily articles.

You pick the subject, AI does the rest.

Start Now - Free

Ready in 2 minutes

Discussion

More Monday.com News