{"success":true,"data":{"pressRelease":{"id":"159787","rtpr_id":"nBw7QWC9Ka-20261002","ticker":"GOOGL","exchange":"NASDAQ","all_tickers":["GOOGL"],"title":"GOOGL CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Alphabet Inc.","author":"Business Wire","published_at":"2026-10-02T23:12:00.107Z","article_body":"GOOGL CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities\nFraud Lawsuit Against Alphabet Inc.\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=The+Law+Offices+of+Frank+R.+Cruz&index=1&md5=c725a3aa81d243d325f46783908567c0)\nannounces that it has filed a class action lawsuit in the United States\nDistrict Court for the Northern District of California, captioned Chris\nStewart v. Alphabet Inc., et al., Case No. 3:26-cv-11290, on behalf of persons\nand entities that purchased or otherwise acquired Alphabet Inc.\n(“Alphabet” or the “Company”) (NASDAQ: GOOGL\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FGOOGL&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=GOOGL&index=3&md5=bc7db5732c0b461a5e68b476aca9507d)\n) common stock between May 19, 2026 and July 16, 2026, inclusive (the “Class\nPeriod”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the\nSecurities Exchange Act of 1934 (the “Exchange Act”).\n\nInvestors are hereby notified that they have until 60 days from this notice to\nmove the Court to serve as lead plaintiff in this action.\n\nIF YOU SUFFERED A LOSS ON YOUR ALPHABET INC. INVESTMENTS, CLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Falphabet-inc%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=HERE&index=4&md5=7a2611004cb7a8825e54e6e6fa014441)\nTO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES\nFRAUD LAWSUIT.\n\nWhat Happened?\n\nOn July 16, 2026, at approximately 2:00 PM EST, Bloomberg reported that Google\nis “months behind schedule on delivering Gemini 3.5 Pro, its most powerful\nflagship AI model” due to the Company’s ongoing coding efforts.[1]\nSpecifically, “[l]ate last month, Google updated the data being used to\ntrain Gemini in an attempt to improve [its] skills, but the results were\ndisappointing.”\n\nOn this news, Alphabet’s Class A common stock price fell $16.46, or 4.4%, to\nclose at $354.46 per share on July 16, 2026, on unusually heavy trading\nvolume. Alphabet’s Class C common stock price fell $16.39, or 4.4%, to close\nat $353.58 per share on July 16, 2026, thereby injuring investors.\n\nWhat Is The Lawsuit About?\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) that the Gemini 3.5 Pro was delivering disappointing\ntraining results; (2) that, as a result, the launch of Gemini 3.5 Pro would be\nsignificantly delayed; and (3) that, as a result of the foregoing,\nDefendants’ positive statements about the Company’s business, operations,\nand prospects were materially misleading and/or lacked a reasonable basis.\n\nIf you purchased or otherwise acquired Alphabet common stock during the\nClass Period, you may move the Court no later than 60 days from the date\nof this notice to ask the Court to appoint you as lead plaintiff.\n\nContact Us To Participate or Learn More:\n\nIf you wish to learn more about this action or have any questions concerning\nthis announcement or your rights or interests with respect to these matters,\nplease click HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Falphabet-inc%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=HERE&index=5&md5=b73712f10783102ea97abdef96d53d60)\nor contact us at:\n\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=www.frankcruzlaw.com&index=6&md5=05f96b80b455dad84788e51285821b60)\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261002764123/en/\n(https://www.businesswire.com/news/home/20261002764123/en/)\n\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=www.frankcruzlaw.com&index=7&md5=7aa9d1cba04e965a08c2460b554bf830)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7QWC9Ka-20261002","title":"GOOGL CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Alphabet Inc.","author":"Business Wire","ticker":"GOOGL","created":"2026-10-02T23:12:00.107Z","tickers":["GOOGL"],"exchange":"NASDAQ","article_body":"GOOGL CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities\nFraud Lawsuit Against Alphabet Inc.\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=The+Law+Offices+of+Frank+R.+Cruz&index=1&md5=c725a3aa81d243d325f46783908567c0)\nannounces that it has filed a class action lawsuit in the United States\nDistrict Court for the Northern District of California, captioned Chris\nStewart v. Alphabet Inc., et al., Case No. 3:26-cv-11290, on behalf of persons\nand entities that purchased or otherwise acquired Alphabet Inc.\n(“Alphabet” or the “Company”) (NASDAQ: GOOGL\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FGOOGL&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=GOOGL&index=3&md5=bc7db5732c0b461a5e68b476aca9507d)\n) common stock between May 19, 2026 and July 16, 2026, inclusive (the “Class\nPeriod”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the\nSecurities Exchange Act of 1934 (the “Exchange Act”).\n\nInvestors are hereby notified that they have until 60 days from this notice to\nmove the Court to serve as lead plaintiff in this action.\n\nIF YOU SUFFERED A LOSS ON YOUR ALPHABET INC. INVESTMENTS, CLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Falphabet-inc%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=HERE&index=4&md5=7a2611004cb7a8825e54e6e6fa014441)\nTO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES\nFRAUD LAWSUIT.\n\nWhat Happened?\n\nOn July 16, 2026, at approximately 2:00 PM EST, Bloomberg reported that Google\nis “months behind schedule on delivering Gemini 3.5 Pro, its most powerful\nflagship AI model” due to the Company’s ongoing coding efforts.[1]\nSpecifically, “[l]ate last month, Google updated the data being used to\ntrain Gemini in an attempt to improve [its] skills, but the results were\ndisappointing.”\n\nOn this news, Alphabet’s Class A common stock price fell $16.46, or 4.4%, to\nclose at $354.46 per share on July 16, 2026, on unusually heavy trading\nvolume. Alphabet’s Class C common stock price fell $16.39, or 4.4%, to close\nat $353.58 per share on July 16, 2026, thereby injuring investors.\n\nWhat Is The Lawsuit About?\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) that the Gemini 3.5 Pro was delivering disappointing\ntraining results; (2) that, as a result, the launch of Gemini 3.5 Pro would be\nsignificantly delayed; and (3) that, as a result of the foregoing,\nDefendants’ positive statements about the Company’s business, operations,\nand prospects were materially misleading and/or lacked a reasonable basis.\n\nIf you purchased or otherwise acquired Alphabet common stock during the\nClass Period, you may move the Court no later than 60 days from the date\nof this notice to ask the Court to appoint you as lead plaintiff.\n\nContact Us To Participate or Learn More:\n\nIf you wish to learn more about this action or have any questions concerning\nthis announcement or your rights or interests with respect to these matters,\nplease click HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Falphabet-inc%2F&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=HERE&index=5&md5=b73712f10783102ea97abdef96d53d60)\nor contact us at:\n\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=www.frankcruzlaw.com&index=6&md5=05f96b80b455dad84788e51285821b60)\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261002764123/en/\n(https://www.businesswire.com/news/home/20261002764123/en/)\n\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54615242&newsitemid=20261002764123&lan=en-US&anchor=www.frankcruzlaw.com&index=7&md5=7aa9d1cba04e965a08c2460b554bf830)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-02T23:12:00.15962503Z","server_sent_at_ms":1790982720159},"received_at":"2026-10-02T23:12:00.211Z","source_url":"https://www.businesswire.com/news/home/20261002764123/en/"},"analysis":{"id":"148380","press_release_id":"159787","analysis_json":{"industry":{"label":"Interactive Media & Services","sector":"Communication Services"},"redFlags":["Securities fraud class action filed against Alphabet over Gemini 3.5 Pro delay disclosures","Alleged AI model launch timeline previously overstated to investors"],"eventType":"legal_litigation","narrative":"The Law Offices of Frank R. Cruz filed a securities fraud class action against Alphabet in the Northern District of California, alleging misleading statements about Gemini 3.5 Pro development delays during a class period running May 19 through July 16, 2026.\n\nThe suit follows Bloomberg's July 16 report that Google was months behind schedule on its flagship AI model; GOOGL fell 4.4% to $354.46 that day on heavy volume.\n\nThis is a law-firm solicitation notice rather than an issuer disclosure, with investors given 60 days to seek lead-plaintiff status; no certified class or settlement exists yet.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine plaintiff-firm class-action filing targeting a mega-cap -- suppress or log only."},"keyFigures":{"customDimensions":{"class_period":"May 19, 2026 - July 16, 2026","lead_plaintiff_deadline":"60 days from this notice","one_day_stock_drop_dollars":16.46,"one_day_stock_drop_percent":"4.4%"}},"quotedText":"","namedEntities":{"people":[{"name":"Chris Stewart","role":"lead plaintiff"},{"name":"Frank R. Cruz","role":"founder, Law Offices of Frank R. Cruz"}],"products":["Gemini 3.5 Pro"],"companies":[{"name":"Alphabet Inc.","ticker":"GOOGL","relationship":"defendant / lawsuit target"},{"name":"Law Offices of Frank R. Cruz","relationship":"plaintiff law firm"},{"name":"Bloomberg","relationship":"news source cited in complaint"}],"dollarAmounts":[{"amount":"$16.46","context":"one-day drop in Alphabet Class A shares on July 16, 2026"},{"amount":"$16.39","context":"one-day drop in Alphabet Class C shares on July 16, 2026"},{"amount":"$354.46","context":"GOOGL closing price on July 16, 2026"},{"amount":"$353.58","context":"GOOG closing price on July 16, 2026"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by the Law Offices of Frank R. Cruz announcing a freshly filed securities fraud suit and soliciting lead-plaintiff candidates. No certified class, no settlement, and no new issuer disclosure; the suit follows the already-known July 16, 2026 Gemini 3.5 Pro delay report."},"tickerRelevance":{"others":[{"ticker":"GOOG","relevance":"mentioned - Alphabet Class C shares also cited as affected"}],"primary":"GOOGL"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":true}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"The Law Offices of Frank R. Cruz filed a securities fraud class action against Alphabet in the Northern District of California, alleging misleading statements about Gemini 3.5 Pro development delays during a class period running May 19 through July 16, 2026.\n\nThe suit follows Bloomberg's July 16 report that Google was months behind schedule on its flagship AI model; GOOGL fell 4.4% to $354.46 that day on heavy volume.\n\nThis is a law-firm solicitation notice rather than an issuer disclosure, with investors given 60 days to seek lead-plaintiff status; no certified class or settlement exists yet.","key_figures":{"customDimensions":{"class_period":"May 19, 2026 - July 16, 2026","lead_plaintiff_deadline":"60 days from this notice","one_day_stock_drop_dollars":16.46,"one_day_stock_drop_percent":"4.4%"}},"named_entities":{"people":[{"name":"Chris Stewart","role":"lead plaintiff"},{"name":"Frank R. Cruz","role":"founder, Law Offices of Frank R. Cruz"}],"products":["Gemini 3.5 Pro"],"companies":[{"name":"Alphabet Inc.","ticker":"GOOGL","relationship":"defendant / lawsuit target"},{"name":"Law Offices of Frank R. Cruz","relationship":"plaintiff law firm"},{"name":"Bloomberg","relationship":"news source cited in complaint"}],"dollarAmounts":[{"amount":"$16.46","context":"one-day drop in Alphabet Class A shares on July 16, 2026"},{"amount":"$16.39","context":"one-day drop in Alphabet Class C shares on July 16, 2026"},{"amount":"$354.46","context":"GOOGL closing price on July 16, 2026"},{"amount":"$353.58","context":"GOOG closing price on July 16, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-02T23:12:15.447Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":true}},"durationMs":15096,"modelName":"glm-5.3-flashx"}}