ALIT Investor Alert: Alight, Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Inflating Growth and Dividend Commitments: Levi & Korsinsky

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 jlevi@levikorsinsky.com 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:

The lawsuit contends these projections were made while the Company lacked the commercial execution capability and internal performance to support them.

The Reality

The gap between what was promised and what materialized widened across two corrective disclosures:

As alleged in the action, the Individual Defendants' repeated assurances of execution readiness, margin independence from revenue, and dividend sustainability lacked a reasonable basis at the time they were made.

The Numbers: Promised vs. Actual

"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. This case presents a stark contrast between what Alight committed to publicly and the operational reality that ultimately emerged." -- Joseph E. Levi, Esq.

Speak with an attorney about recovering your Alight losses or call (212) 363-7500.

LEAD PLAINTIFF DEADLINE: May 15, 2026

Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171