CRM INVESTIGATION NOTIFICATION: BFA Law notified

NEW YORK, July 1, 2024 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for possible violations of the federal securities laws.

If you have invested in Salesforce, you are Please send your information to https://www.bfalaw.com/cases-investigations/salesforce-inc.

Why did Salesforce stock price fall?

On May 29, 2024, Salesforce reported its financial results for the first quarter of 2025. Salesforce’s reported revenue of $9.13 billion was below the midpoint of its previously published guidance range, and the current growth rate of remaining performance obligations – a key metric for bookings – was below the company’s guidance. Salesforce also issued second quarter 2025 revenue guidance of $9.2 billion to $9.25 billion, below consensus estimates.

As a result, Salesforce’s stock price declined by over 20% as of the close of trading on May 30, 2024. BFA is investigating whether Salesforce and certain of its executives made materially false and/or misleading statements to investors with respect to Salesforce’s customer purchasing environment and/or the company’s sales capabilities.

Submit your information here: https://www.bfalaw.com/cases-investigations/salesforce-inc.

What can you do?

If you have invested in Salesforce, Inc., you may have legal options. We encourage you to provide your information to the Company. All representations are made on a contingency basis, and there is no cost to you. Shareholders are not responsible for court or litigation costs. The Company will seek court approval for any fees and costs.

For more information, see:

https://www.bfalaw.com/cases-investigations/salesforce-inc

Or contact:
Ross Shikowitz
[email protected]
212-789-3619

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in class actions and shareholder litigation. It was named a Top 5 Plaintiffs Firm for 2023 by ISS SCAS and its lawyers have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Recent notable successes include BFA recovering over $900 million in value from the board of Tesla, Inc. (subject to court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, visit https://www.bfalaw.com.

https://www.bfalaw.com/cases-investigations/salesforce-inc

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