SentintelOne Subject to Investigation: Johnson Fistel Seeks Remedies for Investors After the Stock Drop (S)
Johnson Fistel, LLP, a shareholder rights law firm, is investigating SentinelOne, Inc. (NYSE: S) to determine whether investors who suffered significant losses on their investment may be able to recover their losses under federal securities laws.
On June 1, 2023, SentinelOne announced a restatement to its annual recurring revenue (ARR) due to a change in methodology and the correction of historical inaccuracies. Additionally, the Company cut its FY 2024 revenue guidance to a range of $590M to $600M from $631M to $640M. Following this news, SentinelOne stock price dropped as much as 36% in pre-market trading on June 2, 2023.
Our firm works on a contingency fee basis which means there will be no cost to you. Contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.
If you have relevant nonpublic information about the company, consider assisting the investigation or taking advantage of the SEC Whistleblower program. Whistleblowers who provide original information under the SEC program may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com