Former Louisiana AG investigates MongoDB over reduced growth projections, amid securities lawsuit.

Former Louisiana Attorney General Charles C. Foti Jr. and his firm Kahn Swick & Foti, LLC are investigating MongoDB, Inc. after the company announced reduced growth projections for fiscal year 2025. MongoDB cited changes in its sales structure and economic challenges as reasons. Following these disclosures, MongoDB and some executives faced a securities lawsuit for allegedly withholding important information.

3 months ago
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