Manhattan Associates, Inc. (NASDAQ: MANH)

This lawsuit is for anyone who acquired securities in Manhattan Associates, Inc. (NASDAQ: MANH) from October 22, 2024 through January 28, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by issuing guidance without a reasonable basis for doing so.

On January 28, 2024, Manhattan Associates released its fourth quarter and full year 2025 financial results and announced reduced revenue guidance for 2025 due to a “shift in professional services work to future periods . . . and to a lesser extent, reduced customization and higher partner utilization.” 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 RManhattan Associates, Inc. (NASDAQ: MANH) from October 22, 2024 through January 28, 2025 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.