Class-action lawsuit filed against GitLab Inc. for alleged securities fraud related to AI development and financial performance.

Rosen Law Firm and Schall Law Firm have announced a class-action lawsuit against GitLab Inc. for alleged securities fraud. Investors who purchased GitLab shares from June 6, 2023, to March 4, 2024, may be eligible to join. The lawsuit claims GitLab misrepresented its AI development capabilities and financial performance, resulting in investor losses. Interested parties must apply to serve as lead plaintiff by November 4, 2024.