NEW YORK, June 14, 2023 (GLOBE NEWSWIRE) -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of SentinelOne, Inc. (NYSE: S).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/sentinelone-class-action-loss-submission-form/?id=40787&from=3

The lawsuit seeks to recover losses for shareholders who purchased SentinelOne between June 1, 2022 and June 1, 2023.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 7, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, SentinelOne, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting; (2) as a result, the Company’s Annualized Recurring Revenue ("ARR") was overstated; (3) as a result, the Company’s guidance was overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

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