NEW YORK, Sept. 23, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Palantir Technologies Inc. (“Palantir” or the “Company”) PLTR and certain of its officers, on behalf of all persons and entities that purchased or otherwise acquired Palantir securities between November 9, 2019 and May 6, 2022, both dates inclusive (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/pltr.

This class action seeks damages against the defendants for alleged violations of federal securities laws.

The lawsuit alleges that the defendants made materially false and misleading statements about the Company’s business, operations and prospects throughout the class period. In particular, the defendants made false and/or misleading statements and/or withheld that: (1) Palantir’s investments in marketable securities had a material negative impact on the company’s EPS results; (2) Palantir has overstated the sustainability of its government segment’s growth and revenues; (3) Palantir experienced a significant slowdown in revenue growth, particularly from its government customers, despite ongoing global conflicts and market disruptions; (4) as a result of the foregoing, Palantir is expected to miss consensus estimates for its Q1 and Q2 revenue forecasts; and (5) as a result, Palantir’s public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/pltr or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered a loss at Palantir, you have until November 14, 2022 to request that the court appoint you lead plaintiff. Your…