Faruqi & Faruqi Appointed Sole Lead Counsel to Represent Alight, Inc. Shareholders in Securities Class Action
Faruqi & Faruqi Appointed Sole Lead Counsel to Represent Alight, Inc. Shareholders in Securities Class Action
On June 4, 2026, Honorable April M. Perry of the Northern District of Illinois appointed Faruqi & Faruqi, LLP, as sole lead counsel in McCarty v. Alight, Inc. et al, Docket No. 1:26-cv-02924 (N.D. Ill. Mar 16, 2026).The Alight, Inc. class action law suit alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the true state of Alight’s growth potential and financial stability; notably, that the Company was not truly equipped to execute on its claimed potential and could not maintain its promised dividend as a result. Rather, Alight would require significantly higher compensation and incentive expenses to achieve the projections put forth by management. Throughout the class period, Defendants announced disappointing results, reduced projections, and multiple goodwill impairments all while remaining confident in their ability to execute, drive growth, and continue to provide a dividend to their shareholders.
For further inquiries regarding this matter, please contact James M. Wilson, Jr. at jwilson@faruqilaw.com or (212) 983-9330.
A copy of the Court’s order is linked below.