Sprout Social


ATLANTA, GA – – (Globe Newswire – May 13, 2024) – – Holzer & Holzer, LLC announces that it has filed a shareholder class action lawsuit against Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material information regarding the Company’s business, operations, and prospects, including allegations that: (1) the Company’s sales and revenue growth were not indicative of the Company’s growth as it transitioned to an enterprise sales cycle; (2) the Company faced integration challenges with its acquisition of Tagger; (3) as a result, the Company was “self inducing sales headwinds;” and (4) as a result, the Company would revise fiscal year 2024 revenue guidance.

If you bought Sprout Social shares between November 2, 2023 and May 2, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey 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/sprout-social/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is July 12, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

July 12, 2024

Submit Your Information

Shares Purchased(Required)
Date of Shares Purchased
Number of Shares Acquired
Acquisition Price Per Share
Shares Sold
Date of Shares Sold
Number of Shares Sold
Selling Price Per Share