FIRST FILING AND TOP INVESTOR RIGHTS LAW FIRM, ROSEN, Encourages Meta Platforms, Inc. f/k/a Facebook, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Class Action - 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.

WHAT TO DO NEXT: To join the Facebook class action, go to https://www.rosenlegal.com/cases-register-2176.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (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.

To join the Facebook class action, go to https://www.rosenlegal.com/cases-register-2176.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: The Rosen Law Firm, P.A.



View source version on accesswire.com:
https://www.accesswire.com/672156/FIRST-FILING-AND-TOP-INVESTOR-RIGHTS-LAW-FIRM-ROSEN-Encourages-Meta-Platforms-Inc-fka-Facebook-Inc-Investors-with-Losses-in-Excess-of-100K-to-Secure-Counsel-Before-Important-Deadline-in-Class-Action-FB

News Provided by ACCESSWIRE IA via QuoteMedia

The Conversation (0)
cell phone lying on table with app icons floating above it

How to Invest in Mobile Apps

The ubiquity of mobile devices and their prominence in everyday life has led to the development of mobile apps for everything from gaming and dating to banking and stock trading.Mobile apps began rising to prominence in 2007 with the launch of the iPhone, which heralded a new era in connectivity... Keep Reading...
alphinat inc

Alphinat

OverviewAlphinat (TSXV:NPA) is a software technology company developing platform solutions with a variety of applications, including its SmartGuide™ platform, which has been designed to integrate with any customer’s backend systems such as “relationship management (CRM)” through its open... Keep Reading...
Mobile Web Investing Facts

Mobile Web Investing Facts

Mobile device technology has transformed countless industries in recent years, and the ability to communicate instantly has had an unprecedented effect on business. Smartphones have evolved quickly over the last decade or so, and more people are turning to handheld devices instead of their... Keep Reading...
Enabling the Gig Economy Through Technology

Enabling the Gig Economy Through Technology

The gig economy continues to offer a unique working environment thanks to improvements in digital platforms. Over the last 30 years, the workplace has evolved due to an aging workforce, an increase in information and increasingly fast-paced working environments. Technology has had a helping hand... Keep Reading...
Plymouth Rock Technologies and Trendset Communications Group Announce Re-Seller and Purchase Agreement for PRT’s Next Generation X1 Drone

Plymouth Rock Technologies and Trendset Communications Group Announce Re-Seller and Purchase Agreement for PRT’s Next Generation X1 Drone

Plymouth Rock Technologies Inc. (CSE:PRT) (OTCQB:PLRTF) (FSE:4XA) (WKN# A2N8RH) (“Plymouth Rock”, “PRT”, or the “Company”) a leader in the development of cutting-edge threat detection technologies, is pleased to announce that it has signed a Re-seller and Purchase agreement with Michigan-based... Keep Reading...
D2D and PowerBand Auctions Successfully Gain Traction in the United States

D2D and PowerBand Auctions Successfully Gain Traction in the United States

PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) (“PowerBand”, “PBX” or the “Company”) is pleased to announce that since its launch in the spring it has auctioned over 360 vehicles, including part of the fleet of one of the global leaders in the ridesharing industry, for a... Keep Reading...

Interactive Chart

Latest Press Releases

Related News