ATLANTA, GA – – (Newsfile Corp. – September 19, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Palantir Technologies Inc. (“Palantir” or the “Company”) (NYSE: PLTR). The lawsuit alleges Palantir made materially false and misleading statements and/or failed to disclose material adverse facts about its business, operations and prospects, including: (1) Palantir’s investments in marketable securities were having a significant negative impact on Palantir’s earnings per share (“EPS”) results; (2) Palantir overstated the sustainability of its government segment’s growth and revenues; (3) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers; and (4) as a result, the Company was likely to miss consensus estimates for its first quarter 2022 (“Q1”) EPS and second quarter 2022 (“Q2”) sales outlook.
If you bought shares of Palantir between November 9, 2021 and May 6, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/palantir/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is November 14, 2022.
Lead Plaintiff Deadline Has Passed
November 14, 2022