The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Meta Platforms, Inc. ("Meta Platforms, Inc.") (NASDAQ: FB) between March 2, 2021 and February 2, 2022.
If you suffered a loss, contact us at the link below. There is no cost or obligation to you.
Allegations against FB include that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
If you suffered a loss in Meta Platforms, Inc. you have until May 9, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122955