ATLANTA, GA – – (Globe Newswire – September 5, 2024) – – A shareholder class action lawsuit has been filed against GitLab Inc. (“GitLab” or “the Company”) (NASDAQ: GTLB). The lawsuit alleges that Defendants disseminated materially false and misleading statements and/or concealed material adverse facts concerning GitLab’s ability to develop AI features that would generate code more efficiently and increase market demand for its DevSecOps platform.

If you bought shares of GitLab between June 6, 2023 and March 4, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/gitlab/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is November 4, 2024.