HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Meta Platforms, Inc. Investors with Losses and Persons with Knowledge who May Assist Investigation to Contact Firm's Attorneys

Hagens Berman urges Meta Platforms, Inc. (NASDAQ: FB) investors with significant losses to submit your losses now . The firm also encourages persons with knowledge who may assist the firm's investigation into possible securities law violations to contact its attorneys.

Visit: www.hbsslaw.com/investor-fraud/FB
Contact An Attorney Now: FB@hbsslaw.com
844-916-0895

Meta Platforms, Inc. (FB) Investigation:

The investigation focuses on Meta's and senior management's assurances about the sustainability of company's user growth and statements about the effects on Meta of Apple's iOS privacy rules.

More specifically, Meta's past disclosures may have been brought into question after the market closed on Feb. 2, 2022, when the company reported Q4 2021 financial results and gave disappointing guidance for 2022. Meta and senior management blamed the results and guidance on headwinds to (1) user growth, in part due to competition from TikTok and others, and (2) targeted advertising revenues as a result of Apple's iOS privacy rules.

Meta and senior management also said iOS privacy headwind would negatively impact the company's 2022 revenues by $10 billion.

This news sent the price of Meta shares plummeting 26% on Feb. 3, 2022, wiping out more than $230 billion in shareholder value.

"We're focused on investors' losses and when Meta and its management had knowledge of stalling user growth and the severe negative impacts on the company's business resulting from Apple's improved privacy rules," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Meta Platforms and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman .

Whistleblowers: Persons with non-public information regarding Meta Platforms should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email FB@hbsslaw.com .

About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.   More about the firm and its successes is located at hbsslaw.com . For the latest news visit our newsroom or follow us on Twitter at @classactionlaw .

Contact:
Reed Kathrein, 844-916-0895


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BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

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BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world.  The company secures more than 500M endpoints including over 215M vehicles.  Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BlackBerry and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved.  All other trademarks are the property of their respective owners.  BlackBerry is not responsible for any third-party products or services.

About Solutions Granted Inc.

Solutions Granted is a Master Managed Security Services Provider (Master MSSP). They offer cybersecurity solutions to North American MSPs and MSSPs and are committed to delivering solutions without requiring minimums, commitments, or long-term contracts. They proudly offer many security layers as well as a 24x7 U.S.-based Security Operations Center (SOC). Over the past several years, Solutions Granted has emerged as a clear leader in the channel, by winning countless awards including the CRN Security 100 list, Top 100 MSSP List, Top Global MSSP List, and BlackBerry MSSP Partner of the Year. Learn more at https://www.SolutionsGranted.com

Media Contacts:

BlackBerry Media Relations

+1 (519) 597-7273

mediarelations@BlackBerry.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/blackberry-extends-partnership-with-leading-managed-security-services-provider-mssp-to-ensure-smbs-are-set-up-for-cyber-success-301803800.html

SOURCE BlackBerry Limited

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