New York, October 15th / PRNewswire / -- Pomerantz LLP represents and stands for ServiceTitan, Inc. ("ServiceTitan" or "the company") ( NASDAQ : TTAN ). Investors concerned are advised to contact Danielle Peyton at the email address [ email protected ], the phone number is 646-581-9980, extension 7980.
This investigation involves whether ServiceTitan and some of its senior executives and/or directors are engaged in securities fraud or other illegal business practices.
[Click here to learn about joining the class action.]
On September 8, 2026, ServiceTitan announced its financial results for the second quarter of fiscal year 2027. Among other matters, the company stated: "Due to the Max – the AI enterprise software suite from ServiceTitan – which requires extensive change management, we typically do not charge a subscription fee in the first quarter of additional Max contracts. We have also chosen not to charge a deployment fee as existing customers transition to Max. As a result of these factors, we expect that both our platform revenue and professional services revenue growth will slow down in the remainder of fiscal year 2027." The company also noted: "We anticipate that the transition to the Max architecture will result in an additional reduction of about $2 million in professional services revenue for the rest of this fiscal year, which, of course, will also affect the gross margin on professional services."
Affected by this news, the stock price of ServiceTitan fell by $24.46 on September 9, 2026, a decrease of 29.98%, closing at $57.12 per share.
Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and is recognized as one of the top law firms in the fields of corporate law, securities law, and class action litigation. The firm was founded by the late Abraham L Pomerantz, who is known as the "dean" of the class action litigation community and pioneered the field of securities class actions. More than 85 years have passed since then, and Pomerantz continues this tradition, fighting for the rights of victims of securities fraud, breach of fiduciary duty, and corporate misconduct. The firm has recovered millions of dollars in compensation on behalf of its class members. For more details, please see www.pomlaw.comMandatory requirements:
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Contact Information:
Danielle PeytonPomerantz LLP[ email protected ]646-581-9980 ext . 7980
