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Class action lawsuit filed against Alphabet over misleading statements on Gemini 3.5 Pro delays

Market News
06 Oct 2026, 00:04 WIB
PRNewsWire
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Bearish
Class action lawsuit filed against Alphabet over misleading statements on Gemini 3.5 Pro delays

A class action lawsuit has been filed against Alphabet Inc. for allegedly making false and misleading statements about the performance and launch delays of its Gemini 3.5 Pro product between May 19 and July 16, 2026. The lawsuit claims these misstatements caused investor losses when the true information became public. Investors who bought Alphabet securities during this period may join the lawsuit and seek compensation without upfront costs. The deadline to move for lead plaintiff status is December 1, 2026.

GOOGL and GOOG are trading positively on Pluang as of Oct 06, 2026 04:12 WIB, with GOOGL up 0.81% at USD 346.28 and GOOG up 0.92% at USD 343.47. GOOGL shows a strong buy interest at 73%, while GOOG has a more balanced order activity with 52% buy orders. Both have a market cap of $4.18 trillion, reflecting their significant presence in the media sector.

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