Press release
Deadline in Lawsuit coming up for Investors in shares of Fastly, Inc. (NYSE: FSLY) on October 26, 2020
A Deadline is coming up on October 26, 2020 in the lawsuit for certain investors in Fastly, Inc. (NYSE: FSLY).
Investors who purchased shares of Fastly, Inc. (NYSE: FSLY) have certain options and there are strict and short deadlines running. Deadline: October 26, 2020. NYSE: FSLY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Fastly, Inc. (NYSE: FSLY) common shares between May 6, 2020 and August 5, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 6, 2020 and August 5, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that Fastly’s largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials, that there was a material risk that Fastly’s business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government, and that, as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Fastly, Inc. (NYSE: FSLY) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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