NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) — On March 20, 2025, Alight, Inc. (NYSE:ALIT) told investors it had “a clear line of sight to mid-single-digit revenue growth,” “a defined path to 28% margin in 2026,” and “$1 billion of free cash flow accumulation” by 2027. Eleven months later, new management cancelled the dividend, disclosed that the Company failed to “meet our internal financial targets,” and revealed that “new bookings and renewals did not meet our expectations.” ALIT shares lost approximately $6.85 per share over the Class Period, a decline of nearly 90%.
Find out if you qualify to recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
A securities class action has been filed on behalf of investors who purchased ALIT stock between November 12, 2024 and February 18, 2026. The lead plaintiff deadline is May 15, 2026.
The Promise
Across earnings calls and a dedicated Analyst/Investor Day, the Company laid out specific financial commitments to shareholders:
- Fiscal 2025 revenue of $2,318 million to $2,388 million
- Adjusted EBITDA of $620 million to $645 million with …
