LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Alight, Inc. (“Alight” or the “Company”) (NYSE: ALIT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON ALIGHT, INC. (ALIT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On August 5, 2025, Alight released its second quarter 2025 financial results, revealing that “deals [are] taking longer to close in the current environment which is temporarily delaying planned growth,” resulting in a reduction of Alight’s revenue guidance to “Revenue of $2,282 million to $2,329 million.”
During the corresponding earnings call, the Company’s CEO, Dave Guilmette further revealed that the “pace of ARR bookings was not at the level we expected.” The Company’s CFO, Jeremy Heaton, also noted that “nonrecurring project revenues were down $7 million or 14% for the quarter.”
On this news, Alight’s stock price fell $0.94, or 18.3%, to close at $4.19 per share on August 5, 2025, thereby injuring investors.
Then, on February 19, 2026, Alight published its fourth quarter and full year fiscal 2025 results, disclosing a significant earnings shortfall compared to its prior guidance, including revenue of $2.3 billion (down 3% year over year), recurring revenue of $2.1 billion (down 2.2% year over year), and project revenue of $154 million (down 22% year over year). The Company also announced it would “replace its cash dividend with more efficient capital allocation activities.”
During the corresponding earnings call, Alight’s newly appointed CEO, Rohit Verma, and newly appointed Interim CFO, Gregory Giometti spoke. Rohit Verma noted a “significant opportunity to improve our performance moving forward.”
On this news, Alight’s stock price fell $0.50, or 38.2%, to close at $0.81 per share on February 19, 2026, thereby injuring investors further.
Contact Us To Participate or Learn More:
If you purchased Alight securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules
Contacts
Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
[email protected]
www.frankcruzlaw.com
