PLTR LAWSUIT ALERT: Levi & Korsinsky Notifies Palantir Technologies Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, Nov. 10, 2022

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Palantir investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all purchasers of Class A common stock during the period September 30, 2020 to August 5, 2022, including purchases pursuant and/or traceable to documents used in connection with the offer, sale, and direct listing of Palantir Class A common stock on the New York Stock Exchange beginning on or about September 30, 2020. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/palantir-lawsuit-loss-submission-form?prid=33490&wire=4

PLTR investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Palantir's investments in marketable securities were having a significant negative impact on the Company's earnings per share ("EPS") results; (ii) Palantir overstated the sustainability of its government segment's growth and revenues; (iii) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers, despite ongoing global conflicts and market disruptions; (iv) as a result of all the foregoing, the Company was likely to miss consensus estimates for its first quarter 2022 EPS and second quarter 2022 sales outlook; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT'S NEXT? If you suffered a loss in Palantir during the relevant time frame, you have until November 14, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.