Kuehn Law investigates potential fiduciary breaches by Sprout Social executives

Kuehn Law is investigating potential breaches of fiduciary duty by officers and directors of Sprout Social, Inc. A federal lawsuit claims insiders misled shareholders about the company's sales growth and integration challenges following its acquisition of Tagger. The lawsuit alleges that these misrepresentations led to a revision of the company's revenue guidance for fiscal year 2024. It also states that positive statements made by the company lacked a reasonable basis. Shareholders who purchased Sprout Social stock before November 2, 2023, are encouraged to contact Kuehn Law for a free consultation regarding their rights.