Press release
Meta Platforms, Inc. (NASDAQ: FB) Investor Notice: Deadline in Lawsuit on December 27, 2021
A Deadline is coming up on December 27, 2021 in the lawsuit for certain investors in Meta Platforms, Inc. (NASDAQ: FB).
Investors who purchased shares of Meta Platforms, Inc. (NASDAQ: FB) have certain options and there are strict and short deadlines running. Deadline: December 27, 2021. NASDAQ: FB 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 Eastern District of New York the plaintiff alleges on behalf of purchasers of Meta Platforms, Inc. (NASDAQ: FB) common shares between November 3, 2016 and October 4, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 3, 2016 and October 4, 2021, the defendants made false and/or misleading statements and/or failed to disclose, that Facebook misrepresented its user growth, that 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, that Facebook did not provide a fair platform for speech, and regularly protected high profile users via its Cross Check/XCheck system, that despite being aware of their use of Facebook’s platforms, the Company failed to respond meaningfully to drug cartels, human traffickers, and violent organizations, that Facebook has been working to attract preteens to its platform and services, and that as a result, Defendants’ public statements were materially false and misleading at all relevant times.
Those who purchased shares of Meta Platforms, Inc. (NASDAQ: FB) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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