(NASDAQ GS: TEAM)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Atlassian Corporation ("Atlassian" or the "Company") on behalf of stockholders. A class action complaint has been filed against Atlassian. The complaint alleges that defendants misled investors and/or failed to disclose that: (i) macroeconomic factors were having a material adverse impact on Atlassian's business; (ii) the slowing conversions from free to paid customers the Company was experiencing constituted a negative trend; (iii) paid user growth also had slowed; and (iv) as a result, defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.