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Faruqi Faruqi LLP Investigates Claims on Behalf of Investors of MongoDB

Faruqi Faruqi LLP, a leading national securities law firm, is investigating potential claims against MongoDB, Inc. (“MongoDB” or the “Company”)

The investigation focuses on whether certain officers and directors of MongoDB violated federal securities laws in connection with the Company's public offering in November 2021. The complaint alleges that the defendants made materially false and misleading statements and omissions in the Company's registration statement and prospectus, which failed to disclose that MongoDB was experiencing a slowdown in growth and that the Company's financial projections were overly optimistic.

As a result of these alleged misrepresentations, MongoDB's stock price has plummeted by more than 70% since the Company's IPO.

The investigation is ongoing. If you are an MongoDB investor who suffered losses, you may be eligible to participate in this class action lawsuit.

Faruqi Faruqi LLP is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.