Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, notifies investors that a class action lawsuit has been filed on behalf of purchasers of the securities of Facebook, Inc. between November 3, 2016 and October 4, 2021, inclusive . The lawsuit seeks to recover damages for Facebook investors under the federal securities lawsAccording to the lawsuit, defendants throughout the Class ...

Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, notifies investors that a class action lawsuit has been filed on behalf of purchasers of the securities of Facebook, Inc. (NASDAQ:FB) between November 3, 2016 and October 4, 2021, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Facebook investors under the federal securities laws

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Facebook misrepresented its user growth; (2) Facebook knew, or should have known, that duplicate accounts represented a greater portion of its growth than stated, and it should have provided more detailed disclosures as to the implication of duplicate accounts to Facebook's user base and growth; (3) Facebook did not provide a fair platform for speech, and regularly protected high profile users via its Cross Check/XCheck system; (4) despite being aware of their use of Facebook's platforms, the Company failed to respond meaningfully to drug cartels, human traffickers, and violent organizations; (5) Facebook has been working to attract preteens to its platform and services; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021.

If you currently own stock or options in Facebook, Inc. and suffered a loss, click here to participate.

If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at Labaton.com.

CONTACT:
David J. Schwartz
(800) 321-0476
david@labaton.com

SOURCE: Labaton Sucharow LLP



View source version on accesswire.com:
https://www.accesswire.com/669967/FB-ALERT--Nationally-Ranked-Shareholder-Rights-Firm-Labaton-Sucharow-Notifies-Facebook-Inc-NASDAQ-FB-Investors-of-Securities-Class-Action

News Provided by ACCESSWIRE IA via QuoteMedia

Bronstein, Gewirtz & Grossman, LLC Reminds Meta Platforms, Inc. f/k/a Facebook, Inc. Shareholders With Losses Exceeding $1M of Class Action and Lead Deadline: December 27, 2021

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Facebook between November 3, 2016 and October 4, 2021,inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.comFB

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

Keep reading... Show less

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Meta Platforms, Inc. f/k/a Facebook, Inc. with Losses of $500,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission

Investors who purchased the Company's securities between November 3, 2016, and October 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before December 27, 2021.

Keep reading... Show less

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Meta Platforms, Inc. f/k/a Facebook, Inc. Investors With Losses to Secure Counsel Before Important December 27 Deadline in First Filed Securities Class Action Commenced by the Firm - FB

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Meta Platforms, Inc. fka Facebook, Inc. (NASDAQ: FB) ("Facebook") between November 3, 2016 and October 4, 2021, inclusive (the "Class Period") of the important December 27, 2021 lead plaintiff deadline in the securities class action first filed by the firm.

SO WHAT: If you purchased Facebook securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Keep reading... Show less

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Meta Platforms, Inc. f/k/a Facebook, Inc. with Losses of $500,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission

Investors who purchased the Company's securities between November 3, 2016, and October 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before December 27, 2021.

Keep reading... Show less

Sierra Wireless Names Russell Jones as New Chair Effective January 1, 2022

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that Russell Jones, who has served on the Board of Sierra Wireless since 2018, has been appointed by the Board of Directors to be the new Chair effective January 1, 2022, replacing Robin Abrams who joined the Board in March 2010 and has served as Chair since October 2018. Ms. Abrams will continue to serve as a director on the company's Board until her retirement from the Board at the upcoming Annual Meeting in the Spring of 2022.

In his new role, Mr. Jones brings extensive experience in the technology industry, having held key management positions for some of the world's most high-profile technology companies, including Shopify Inc., Mitel Corporation, and Newbridge Networks. Mr. Jones is currently an active director on the board of Olo Inc. which is a public B2B SaaS company for the restaurant industry.

Keep reading... Show less

FB Investor Alert - Thornton Law Firm Reminds Meta Platforms f/k/a Facebook Investors of Class Action Lawsuit

The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Meta Platforms, Inc. fka Facebook, Inc. (NASDAQ:FB). The case is currently in the lead plaintiff stage. Investors who purchased FB securities on or after November 3, 2016 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.comcasesFacebook for more information. Investors may also email investors@tenlaw.com or call 617-531-3917

Thornton Law Firm LLC, Attorneys At Law logo

FOR MORE INFORMATION: www.tenlaw.com/cases/Facebook

Keep reading... Show less

Top News

Related News