Alphabet Faces Securities Class Action Lawsuit Over Gemini 3.5 Pro Model
Faruqi & Faruqi, LLP is investigating potential claims against Alphabet Inc. (NASDAQ: GOOGL) and reminds investors of the November 30, 2026 deadline to seek the role of lead plaintiff in a federal securities class action.
The lawsuit alleges that the Company and its executives made false or misleading statements about the Gemini 3.5 Pro model's disappointing training results and delayed launch.
Bloomberg reported on July 16, 2026, that Google was 'months behind schedule' in delivering Gemini 3.5 Pro due to ongoing coding efforts, causing Alphabet's Class A common stock price to fall $16.46, or 4.4%, to close at $354.46 per share.
Investors who purchased or acquired Alphabet securities between May 19, 2026 and July 16, 2026 may be eligible to participate in the lawsuit and are not required to seek appointment as lead plaintiff to share in any potential recovery.