New York, New York--(Newsfile Corp. - November 12, 2026) - Investors who suffered losses on Alphabet Inc. ("Alphabet" or the "Company") (NASDAQ: GOOGL) stock may have claims to recover those losses. Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors that a federal securities class action has been filed on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Alphabet securities between May 19, 2026 and July 16, 2026, inclusive (the "Class Period"). Investors who wish to serve as lead plaintiff must move the Court no later than November 30, 2026.
Investors with losses on Alphabet securities can contact Faruqi & Faruqi partner Josh Wilson about the Alphabet class action to learn about their legal rights and options.
Key facts for Alphabet investors
- Class Period: between May 19, 2026 and July 16, 2026
- Lead plaintiff deadline: November 30, 2026
- Disclosure: July 16, 2026
- Stock drop: $16.46 per share, or 4.4%
What happened?
On July 16, 2026, Bloomberg reported that Google is "months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model" due to the Company's ongoing coding efforts. On this news, Alphabet's Class A common stock price fell $16.46, or 4.4%, to close at $354.46 per share on July 16, 2026, on unusually heavy trading volume.
"Alphabet stock fell 4.4% on July 16, 2026 after the July 16, 2026 disclosure described in the complaint. The complaint alleges that investors bought Alphabet shares during the Class Period without the full picture," said Josh Wilson, a partner at Faruqi & Faruqi, LLP.
What does the complaint allege?
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Gemini 3.5 Pro was delivering disappointing training results; (2) that, as a result, the launch of Gemini 3.5 Pro would be significantly delayed; and (3) that, 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.
Next steps for Alphabet investors
Faruqi & Faruqi, LLP is reviewing potential claims on behalf of Alphabet investors. Investors with losses can visit www.faruqilaw.com/GOOGL or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss the Alphabet class action.
If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Common questions from Alphabet investors
Who is eligible? Investors who purchased or otherwise acquired Alphabet securities between May 19, 2026 and July 16, 2026 and lost money may have claims, and can contact the firm to learn whether the Alphabet class action affects them.
What is a securities class action? A lawsuit brought on behalf of a group of investors who bought shares at prices alleged to have been inflated by false or misleading statements, in violation of the federal securities laws. The Alphabet class action alleges that the Company and its executives made such statements.
Has a lawsuit been filed? Yes. A federal securities class action has been filed against Alphabet. Investors who wish to serve as lead plaintiff must move the Court by November 30, 2026. Investors who do nothing remain absent class members, and serving as lead plaintiff is not required to share in any recovery.
Does it cost anything to contact the firm? No. Investors who purchased Alphabet securities during the Class Period may contact Faruqi & Faruqi, LLP to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Whistleblower notice
Faruqi & Faruqi, LLP also encourages anyone with information regarding Alphabet's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. Individuals with original information may also consider the SEC Whistleblower Program, which can award whistleblowers 10 to 30 percent of the monetary sanctions collected in a successful SEC enforcement action when those sanctions exceed $1 million.
About Faruqi & Faruqi, LLP
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
Related links
- Alphabet class action, Faruqi & Faruqi, LLP
- Alphabet Inc. SEC filings index, EDGAR
- SEC Whistleblower Program
- Faruqi & Faruqi, LLP
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Contact
James (Josh) Wilson
Faruqi & Faruqi, LLP
Telephone: 877-247-4292 or 212-983-9330 (Ext. 1310)
www.faruqilaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323577
Source: Faruqi & Faruqi LLP
