Portnoy Law Firm Announces Class Action on Behalf of Alphabet, Inc. Investors

LOS ANGELES, Oct. 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Alphabet, Inc., (“Alphabet” or the "Company") (NASDAQ: GOOG) investors of a class action on behalf of investors that bought securities between May 19, 2026 and July 16, 2026, inclusive (the “Class Period”). Alphabet investors have until December 1, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/alphabet-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On May 19, 2026, Alphabet hosted its annual Google I/O developer conference. During the conference, the Company’s Chief Executive Officer, Sundar Pichai, announced that Google’s much anticipated latest artificial intelligence offering Gemini 3.5 Pro would launch in June 2026. Then, on July 16, 2026, Bloomberg reported that Google is “months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model” due to the Company’s ongoing coding efforts. Specifically, “[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing.” On this news, Alphabet’s Class A common stock price fell $16.46 per share, or 4.4%, to close at $354.46 per share on July 16, 2026, while Alphabet’s Class C common stock price fell $16.39 per share, or 4.4%, to close at $353.58 per share.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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