Alphabet Investors Hit by Delayed AI Model Launch

Glancy Prongay Wolke & Rotter LLP has filed a class action lawsuit against Alphabet Inc. on behalf of investors who purchased or acquired the company's securities between May 19, 2026 and July 16, 2026.

The complaint alleges that defendants made false and misleading statements about the company's business, operations, and prospects during this period.

Specifically, it is alleged that defendants failed to disclose that the Gemini 3.5 Pro AI model was delivering disappointing training results, leading to a significant delay in its launch.

The lawsuit claims that as a result of these false statements, investors suffered losses when Alphabet's Class A common stock price fell $16.46, or 4.4%, to close at $354.46 per share on July 16, 2026.