SentinelOne, Inc. is a cybersecurity company that claims to have pioneered the world’s first AI-powered Extended Detection and Response (“XDR”) platform to make cybersecurity defense truly autonomous. The Company claims its Singularity Platform instantly defends against cyberattacks, performing at a faster speed, greater scale, and higher accuracy than otherwise possible from humans.

A recently filed securities fraud class action complaint alleges that throughout the SentinelOne, Inc. (NYSE: S), made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company lacked effective internal controls over accounting and financial reporting; (2) that, as a result, the Company’s “Annualized Recurring Revenue” or “ARR” was overstated; (3) that, as a result, the Company’s guidance was overstated; and (4) that, as a result of the foregoing, Defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Current SentinelOne shareholders who have held SentinelOne shares since prior to June 1, 2022, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award at no cost to them whatsoever.

If you would like to learn more about this matter, you are encouraged to contact us at jgrabar@grabarlaw.com, or call 267-507-6085.