SHAREHOLDER ALERT: Holzer & Holzer Announces a Class Action Was Filed on Behalf of Palantir (PLTR) Investors and Encourages Investors With Significant Losses to Contact the Firm

Atlanta, Georgia--(Newsfile Corp. - September 20, 2022) - Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Palantir Technologies Inc. ("Palantir" or the "Company") (NYSE: PLTR). The lawsuit alleges Palantir made materially false and misleading statements and/or failed to disclose material adverse facts about its business, operations and prospects, including: (1) Palantir's investments in marketable securities were having a significant negative impact on Palantir's earnings per share ("EPS") results; (2) Palantir overstated the sustainability of its government segment's growth and revenues; (3) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers; and (4) as a result, the Company was likely to miss consensus estimates for its first quarter 2022 ("Q1") EPS and second quarter 2022 ("Q2") sales outlook.

If you bought shares of Palantir between November 9, 2021 and May 6, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at https://holzerlaw.com/case/palantir/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is November 14, 2022.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, https://holzerlaw.com/ and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137721