Robbins LLP is Investigating Allegations that Alphabet Inc. (GOOG, GOOGL) Misled Investors Regarding the Timely Launch of Gemini 3.5 Pro

Robbins LLP informs investors that a class action was filed on behalf of persons or entities who purchased or otherwise acquired Alphabet Inc. (NASDAQ: GOOG, GOOGL) securities between May 19, 2026 and July 16, 2026, inclusive (the “Class Period”). Alphabet offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Why Was Alphabet Sued?

According to the complaint, 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 its much-anticipated latest artificial intelligence offering Gemini 3.5 Pro would launch in June 2026.

Plaintiff alleges that during the Class Period, defendants failed to disclose to investors that Gemini 3.5 Pro was delivering disappointing training results, and that, as a result, the launch of Gemini 3.5 Pro would be significantly delayed.

Why Did Alphabet Stock Drop?

On July 16, 2026, at approximately 2:00 PM EST, 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, or 4.4%, to close at $354.46 per share on July 16, 2026, on unusually heavy trading volume. Alphabet’s Class C common stock price fell $16.39, or 4.4%, to close at $353.58 per share on July 16, 2026.

Who May Be Eligible to Participate in the Alphabet Class Action?

The lawsuit seeks to represent investors who purchased or otherwise acquired Alphabet Inc. securities between May 19, 2026 and July 16, 2026. Investors who suffered losses during that period may have legal rights under the federal securities laws. Submit a form for information.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.