{"id":5408,"date":"2026-05-13T22:22:00","date_gmt":"2026-05-13T20:22:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=1006687f027b67e796d630325c3a6c95"},"modified":"2026-05-13T22:22:00","modified_gmt":"2026-05-13T20:22:00","slug":"deadline-soon-alight-inc-alit-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz-about-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5408","title":{"rendered":"Deadline Soon: Alight, Inc. (ALIT)\u00a0Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> reminds investors of the upcoming\u00a0May 15, 2026\u00a0<\/b>deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Alight, Inc. (\u201cAlight\u201d or the \u201cCompany\u201d) (NYSE:\u00a0ALIT<\/a>) common stock between November 12, 2024 and February 18, 2026<\/b>, inclusive (the \u201cClass Period\u201d).<\/p>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON ALIGHT, INC. (ALIT), CLICK <\/b>HERE<\/b><\/a>\u00a0TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.<\/b><\/p>

What Happened?<\/b><\/p>

On August 5, 2025, Alight released its second quarter 2025 financial results, revealing that \u201cdeals [are] taking longer to close in the current environment which is temporarily delaying planned growth,<\/b>\u201d resulting in a reduction of Alight\u2019s revenue guidance<\/b>to \u201cRevenue of $2,282 million to $2,329 million.\u201d<\/p>

During the corresponding earnings call, the Company\u2019s CEO, Dave Guilmette further revealed that the \u201cpace of ARR bookings was not at the level we expected<\/b>.\u201d The Company\u2019s CFO, Jeremy Heaton, also noted that \u201cnonrecurring project revenues were down $7 million or 14%<\/b> for the quarter.\u201d<\/p>

On this news, Alight\u2019s stock price fell $0.94, or 18.3%, to close at $4.19 per share on August 5, 2025, thereby injuring investors.<\/p>

Then, on February 19, 2026, Alight published its fourth quarter and full year fiscal 2025 results, disclosing a significant earnings shortfall compared to its prior guidance, including revenue of $2.3 billion (down 3% year over year), recurring revenue of $2.1 billion (down 2.2% year over year), and project revenue of $154 million (down 22% year over year)<\/b>. The Company also announced it would \u201creplace its cash dividend with more efficient capital allocation activities.<\/b>\u201d<\/p>

During the corresponding earnings call, Alight\u2019s newly appointed CEO, Rohit Verma, and newly appointed Interim CFO, Gregory Giometti spoke. Rohit Verma noted a \u201csignificant opportunity to improve our performance moving forward.\u201d<\/p>

On this news, Alight\u2019s stock price fell $0.50, or 38.2%, to close at $0.81 per share on February 19, 2026, thereby injuring investors further.<\/p>

What Is The Lawsuit About?<\/b><\/p>

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Alight\u2019s optimistic reports of growth, cost cutting measures, strong pipeline, and far-reaching visibility fell short of reality; (2) the Company\u2019s sales team was not equipped execute in accordance with its management\u2019s expectations; and (3)\u00a0as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

If you purchased or otherwise acquired Alight securities between\u00a0November 12, 2024 and February 18, 2026<\/b>, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is\u00a0May 15, 2026.<\/b><\/p>

Contact Us To Participate or Learn More:<\/b><\/p>

If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:<\/p>

Frank R. CruzThe Law Offices of Frank R. Cruz,2121 Avenue of the Stars, Suite 800,Century City, California 90067Email us at: info@frankcruzlaw.com<\/a>Call us at: 310-914-5007Visit our website at www.frankcruzlaw.com<\/a>Follow us for updates on Twitter:\u00a0twitter.com\/FRC_LAW<\/a><\/p>

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><\/a><\/a> Contacts<\/b>

The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007fcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming\u00a0May 15, 2026\u00a0deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Alight, Inc…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5408","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5408"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5408\/revisions"}],"predecessor-version":[{"id":5409,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5408\/revisions\/5409"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}