Alight, Inc.
Securities Class Action
Company Name: Alight, Inc. (ALIT)
Download ComplaintNovember 12, 2024 - February 18, 2026
May 15, 2026|17 days left
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Allegations
On August 5, 2025, Alight reported its financial results for the second quarter of 2025, announcing disappointing results and cutting revenue guidance for the year. The Company highlighted both a slowdown in annual recurring revenue bookings and a more significant decline in project revenue than previously projected. On this news, Alight’s stock price fell $0.94 per share, or 18.32%, to close at $4.19 per share on August 4, 2025. Then, on February 19, 2026, Alight reported a fourth-quarter earnings miss, disclosed customer renewal rates significantly below its previously provided targets, and projected further revenue declines into early 2026. The Company also eliminated its quarterly dividend, declined to provide full-year guidance, and recorded a substantial, multibillion dollar goodwill impairment that reduced the value of its balance sheet. On this news, Alight’s stock price fell $0.50 per share, or 38.17%, to close at $0.81 per share on February 19, 2026.
Lead Plaintiff
If you have qualifying losses, you may be eligible to serve as Lead Plaintiff. Acting as a representative for all class members seeking recovery in the lawsuit, the Lead Plaintiff plays an important role in the litigation, including selecting a law firm to serve as Lead Counsel and approving the final settlement. There is no cost whatsoever to seek or participate as a Lead Plaintiff. The Lead Plaintiff may also receive a monetary award for their participation in the suit.
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