Investigation announced for Investors who lost money with shares of SentinelOne, Inc. (NYSE: S)

An investigation was announced over potential securities laws violations by SentinelOne, Inc in connection with certain financial statements.

Investors who purchased shares of SentinelOne, Inc. (NYSE: S), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by SentinelOne, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Mountain View, CA based SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. SentinelOne, Inc. reported that its Total Rvenue rose from $204.79 million for the 12 months period that ended on January 31, 2022, to $422.17 million for the 12 months period that ended on January 31, 2023, and that its Net Loss over those respective time periods increased from $271.1 million to $378.67 million.

On June 1, 2023, SentinelOne, Inc. announced a restatement to its annual recurring revenue (ARR) due to a change in methodology and the correction of historical inaccuracies. Additionally, SentinelOne, Inc. cut its Fiscal Year 2024 revenue guidance to a range of $590M to $600M from $631M to $640M.

Shares of SentinelOne, Inc. (NYSE: S) declined from $21.95 per share on May 30, 2023, to $12.71 per share on June 5, 2023.

Those who purchased shares of SentinelOne, Inc. (NYSE: S) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.