Alight Appoints Naveen Baweja as Chief Technology Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Should l Buy ALIT?
Alight (ALIT) announced that Naveen Baweja joined the organization and is expected to be appointed as Chief Technology Officer, effective April 29, 2026. Naveen will report directly to CEO Rohit Verma and, once appointed, will lead Alight's technology organization, with a focus on advancing innovation and strengthening execution, enabling better outcomes for our clients and a more seamless employee experience. Most recently, Naveen served as Vice President of Technology at The Walt Disney Company (DIS).
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Analyst Views on ALIT
Wall Street analysts forecast ALIT stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.870
Low
2.50
Averages
3.67
High
5.00
Current: 0.870
Low
2.50
Averages
3.67
High
5.00
About ALIT
Alight, Inc. is a cloud-based human capital technology and services provider. It is engaged in delivering human capital management solutions to various organizations. This includes the implementation and administration of employee benefits (health, wealth, and leaves benefits) solutions. It allows participants to access their solutions digitally, including through a mobile application on Alight Worklife, its intuitive, cloud-based employee engagement platform. Through Alight Worklife, the Company provides an enterprise level, integrated offering designed to drive better outcomes for organizations and individuals. Its primary business, Employer Solutions, is driven by its Alight Worklife platform, and includes integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management and retiree healthcare. The Company also has Sword Health, which is an AI care platform that delivers clinical-grade care across various health conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reminder for Alight Shareholder Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, that they must apply to be lead plaintiff by May 15, 2026, or risk losing their right to compensation.
- Fee Structure: Investors participating in the lawsuit will incur no upfront costs, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages more affected shareholders to join the action.
- Lawsuit Background: The lawsuit alleges that Alight made false or misleading statements regarding its growth potential and financial stability, resulting in investor losses following disappointing performance announcements and goodwill impairments, indicating management's failure to deliver on promised dividends.
- Law Firm Credentials: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and resource advantages in handling similar cases.
See More
Reminder for Alight Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, to apply as lead plaintiffs by May 15, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Alight made false or misleading statements regarding its growth potential and financial stability, resulting in investor losses when the true situation was revealed, particularly its inability to maintain promised dividends.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its successful track record and extensive experience in this field.
- Investor Guidance: Investors are advised to be cautious when selecting legal counsel, with Rosen Law Firm recommending choosing attorneys with proven success in securities class actions to ensure optimal legal support and compensation opportunities.
See More
Reminder for Alight Shareholder Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, to apply as lead plaintiffs by May 15, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Alight made false and misleading statements regarding its growth potential and financial stability, resulting in investor losses when the company failed to maintain promised dividends, highlighting significant execution flaws in its growth strategy.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its extensive experience and success in the field, which investors should consider when selecting legal counsel.
- Investor Action Recommendations: Investors can visit Rosen Law Firm's website or call the toll-free number for more information; although the class has not yet been certified, investors may still retain rights or choose legal counsel to participate in potential future recoveries.
See More
Alight, Inc. Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a securities fraud class action against Alight, involving stock purchases from November 12, 2024, to February 18, 2026, alleging that the company made materially false or misleading statements that resulted in investor losses.
- Financial Performance Decline: Alight's Q2 2025 financial results revealed a revenue guidance cut to $2.282 billion to $2.329 billion, with both the CEO and CFO admitting that performance fell short of expectations, causing the stock price to drop 18.3% to $4.19 per share on the announcement day.
- Subsequent Losses Intensified: On February 19, 2026, Alight reported a 3% year-over-year revenue decline for FY 2025 and announced a shift from cash dividends to more efficient capital allocation, leading to a further 38.2% stock price drop to $0.81 per share, exacerbating investor losses.
- Legal Assistance Opportunity: GPWR offers representation without upfront fees, encouraging affected investors to apply as lead plaintiffs by May 15 to pursue potential compensation, demonstrating the firm's commitment to protecting investor rights.
See More
Class Action Lawsuit Filed Against Alight, Inc.
- Class Action Initiation: Pomerantz LLP has announced a class action lawsuit against Alight, Inc., alleging securities fraud and other unlawful business practices by the company and certain officers, with investors needing to apply as Lead Plaintiff by May 15, 2026, highlighting serious governance concerns.
- Disappointing Financial Results: In Q2 2025, Alight reported disappointing financial results and cut revenue guidance, with a slowdown in annual recurring revenue bookings and a significant decline in project revenue, leading to an 18.32% drop in stock price to $4.19 on August 4, 2025, reflecting market pessimism about the company's outlook.
- Earnings Miss: In Q4 2026, Alight reported an earnings miss, disclosing customer renewal rates significantly below targets and projecting further revenue declines, while eliminating its quarterly dividend, resulting in a 38.17% drop in stock price to $0.81 on February 19, 2026, indicating worsening financial conditions.
- Goodwill Impairment Impact: The company recorded a substantial multibillion-dollar goodwill impairment, significantly reducing the value of its balance sheet, which suggests increased financial pressure that may affect future financing capabilities and market trust.
See More
Class Action Lawsuit Reminder Against Alight, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Alight, Inc. (NYSE:ALIT) for securities purchased between November 12, 2024, and February 18, 2026, urging investors to contact the firm by May 15, 2026, to participate.
- False Statement Allegations: The complaint alleges that Alight made false and misleading statements during the class period, claiming it could not achieve its projected performance and failed to maintain promised dividends, resulting in investor losses.
- High Expense Impact: Alight incurred significantly higher compensation and incentive expenses to meet its projections, further confirming that its public statements were misleading, which negatively impacted investor confidence and the company's reputation.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations and encourages affected investors to take action before class certification to ensure their rights are protected and seek compensation for their losses.
See More
Reminder for Alight Shareholder Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, that they must apply to be lead plaintiff by May 15, 2026, or risk losing their right to compensation.
- Fee Structure: Investors participating in the lawsuit will incur no upfront costs, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages more affected shareholders to join the action.
- Lawsuit Background: The lawsuit alleges that Alight made false or misleading statements regarding its growth potential and financial stability, resulting in investor losses following disappointing performance announcements and goodwill impairments, indicating management's failure to deliver on promised dividends.
- Law Firm Credentials: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and resource advantages in handling similar cases.
See More
Reminder for Alight Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, to apply as lead plaintiffs by May 15, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Alight made false or misleading statements regarding its growth potential and financial stability, resulting in investor losses when the true situation was revealed, particularly its inability to maintain promised dividends.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its successful track record and extensive experience in this field.
- Investor Guidance: Investors are advised to be cautious when selecting legal counsel, with Rosen Law Firm recommending choosing attorneys with proven success in securities class actions to ensure optimal legal support and compensation opportunities.
See More
Reminder for Alight Shareholder Class Action Lawsuit
- Class Action Notice: Rosen Law Firm reminds investors who purchased Alight stock between November 12, 2024, and February 18, 2026, to apply as lead plaintiffs by May 15, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Alight made false and misleading statements regarding its growth potential and financial stability, resulting in investor losses when the company failed to maintain promised dividends, highlighting significant execution flaws in its growth strategy.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its extensive experience and success in the field, which investors should consider when selecting legal counsel.
- Investor Action Recommendations: Investors can visit Rosen Law Firm's website or call the toll-free number for more information; although the class has not yet been certified, investors may still retain rights or choose legal counsel to participate in potential future recoveries.
See More
Alight, Inc. Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a securities fraud class action against Alight, involving stock purchases from November 12, 2024, to February 18, 2026, alleging that the company made materially false or misleading statements that resulted in investor losses.
- Financial Performance Decline: Alight's Q2 2025 financial results revealed a revenue guidance cut to $2.282 billion to $2.329 billion, with both the CEO and CFO admitting that performance fell short of expectations, causing the stock price to drop 18.3% to $4.19 per share on the announcement day.
- Subsequent Losses Intensified: On February 19, 2026, Alight reported a 3% year-over-year revenue decline for FY 2025 and announced a shift from cash dividends to more efficient capital allocation, leading to a further 38.2% stock price drop to $0.81 per share, exacerbating investor losses.
- Legal Assistance Opportunity: GPWR offers representation without upfront fees, encouraging affected investors to apply as lead plaintiffs by May 15 to pursue potential compensation, demonstrating the firm's commitment to protecting investor rights.
See More
Class Action Lawsuit Filed Against Alight, Inc.
- Class Action Initiation: Pomerantz LLP has announced a class action lawsuit against Alight, Inc., alleging securities fraud and other unlawful business practices by the company and certain officers, with investors needing to apply as Lead Plaintiff by May 15, 2026, highlighting serious governance concerns.
- Disappointing Financial Results: In Q2 2025, Alight reported disappointing financial results and cut revenue guidance, with a slowdown in annual recurring revenue bookings and a significant decline in project revenue, leading to an 18.32% drop in stock price to $4.19 on August 4, 2025, reflecting market pessimism about the company's outlook.
- Earnings Miss: In Q4 2026, Alight reported an earnings miss, disclosing customer renewal rates significantly below targets and projecting further revenue declines, while eliminating its quarterly dividend, resulting in a 38.17% drop in stock price to $0.81 on February 19, 2026, indicating worsening financial conditions.
- Goodwill Impairment Impact: The company recorded a substantial multibillion-dollar goodwill impairment, significantly reducing the value of its balance sheet, which suggests increased financial pressure that may affect future financing capabilities and market trust.
See More
Class Action Lawsuit Reminder Against Alight, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Alight, Inc. (NYSE:ALIT) for securities purchased between November 12, 2024, and February 18, 2026, urging investors to contact the firm by May 15, 2026, to participate.
- False Statement Allegations: The complaint alleges that Alight made false and misleading statements during the class period, claiming it could not achieve its projected performance and failed to maintain promised dividends, resulting in investor losses.
- High Expense Impact: Alight incurred significantly higher compensation and incentive expenses to meet its projections, further confirming that its public statements were misleading, which negatively impacted investor confidence and the company's reputation.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations and encourages affected investors to take action before class certification to ensure their rights are protected and seek compensation for their losses.
See More
