Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ServiceNow, Inc. (“ServiceNow” or “the Company”) (NYSE: NOW). Investors who purchased ServiceNow securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether ServiceNow has violated federal securities laws.
Investigation Details
On July 8, 2024, ServiceNow suffered a downgrade from “Neutral” to “Sell” issued by Guggenheim. Guggenheim stated that the Company’s prospects for the generative artificial intelligence business were overly optimistic, leaving shares overpriced. Following this news, ServiceNow stock dropped.
What’s Next?
If you are aware of any facts relating to this investigation or purchased ServiceNow securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”