Saxena White P.A. is pleased to announce that on November 12, 2024, the United States District Court for the Northern District of Illinois appointed the Employees’ Retirement System of the City of Baltimore as Lead Plaintiff and Saxena White P.A. as Lead Counsel in the securities class action against Sprout Social, Inc.

The action alleges that Sprout Social made materially false and misleading statements regarding its business, operations, and prospects, including misrepresentations about Sprout Social’s ability to sell its software to enterprise customers and to execute on its go-to-market strategies for enterprise customers.