Elastic N.V. May Have Engaged In Securities Fraud And Affected Investors Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 /The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it 's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors. Elastic announced its first quarter financial results on August 29, 2024. The Company also revised its annual revenue guidance, stating: "we had a slower begin to the yr with the amount of customer commitments impacted by segmentation changes that we made at first of the yr, that are taking longer than expected to settle." Based on this news, shares of Elastic fell by 26.49%.

When you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to debate your rights freed from charge. You may as well reach us through the firm 's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors world wide and focuses on securities class motion lawsuits and shareholder rights litigation.

This press release could also be considered Attorney Promoting in some jurisdictions under the applicable law and rules of ethics.

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