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Deadline on May 15th coming up in Lawsuit for Investors in Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL)

05-05-2023 05:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on May 15, 2023 in the lawsuit for certain investors in Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL).

A Deadline is coming up on May 15, 2023 in the lawsuit for certain investors in Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL).

A deadline is coming up on May 15, 2023 in the lawsuit filed for certain investors of Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) over alleged securities laws violations by Alphabet Inc.

Investors who purchased shares of Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) have certain options and there are strict and short deadlines running. Deadline: May 15, 2023. Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) 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 Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) common shares between February 4, 2020 and January 23, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 4, 2020 and January 23, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that Alphabet used its dominance in the field of digital advertising to disadvantage website publishers and advertisers who used competing advertising products, that the foregoing conduct was anticompetitive in nature and likely to draw significant regulatory scrutiny, that Alphabet's revenues were unsustainable to the extent that they were the product of said anticompetitive conduct, that Alphabet's conduct, once revealed, would negatively impact the Company's reputation and expose it to a heightened risk of litigation and regulatory enforcement action, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL) 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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