E2open Parent Holdings, Inc. (NYSE: ETWO)

This investigation is for anyone who acquired securities in E2open Parent Holdings, Inc. (NYSE: ETWO) prior to October 10, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by knowing but failing to timely inform investors that the Company would miss guidance.

On October 10, 2023, after the market closed, the Company announced its fiscal 2024 second quarter financial results. The Company reported second-quarter earnings of four cents per share, falling short of the analyst consensus estimate of five cents, and a 20% decrease compared to earnings of five cents per share in the same period last year. The Company also cut its fiscal year 2024 projected revenue from $655M-$670M to $625M-$635, a decrease of $30M-$35M. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in E2open Parent Holdings, Inc. (NYSE: ETWO) prior to October 10, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.