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Social Media Software Co.'s Deal Hurt Investors, Suit Says

By Sydney Price ( May 14, 2024, 5:30 PM EDT) -- Social media management platform Sprout Social was hit with a proposed class action alleging that it concealed that its growth following the acquisition of an influencer marketing platform was unsustainable and that it damaged investors when disappointing financial results and a guidance-cut announcement led to a share decline....

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