Anaplan Inc. Class Action Lawsuit - PLAN

Company
Anaplan Inc. (NYSE: PLAN)
Lead Plaintiff Deadline
October 23, 2020 (Expired)
Class Period
November 21, 2019 - February 26, 2020

Expired

Lead Plaintiff Deadline

Oct 23, 2020

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Allegations

(1) the Company was undergoing sales organization and execution challenges; (2) these organizational challenges were causing the Company to miss on closing very important large deals; and (3) as a result, Anaplan’s financial guidance for “calculated billings growth” was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.

Eligibility

In order to be eligible to join the PLAN class action lawsuit, you must have incurred a loss on shares of Anaplan purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Anaplan during the relevant time frame or pursuant to the relevant offering(s), you have until October 23, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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