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Investigation for Investors in Airbnb, Inc. (NASDAQ: ABNB) over possible Violations of Securities Laws announced

07-31-2023 09:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Airbnb, Inc. (NASDAQ: ABNB) shares over potential securities laws violations by Airbnb, Inc.

An investigation for investors in Airbnb, Inc. (NASDAQ: ABNB) shares over potential securities laws violations by Airbnb, Inc.

An investigation was announced over potential securities laws violations by Airbnb, Inc. in connection with certain financial statements.

Investors who purchased shares of Airbnb, Inc. (NASDAQ: ABNB), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Airbnb, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Airbnb, Inc. reported that its annual Total Revenue rose from over $5.99 billion in 2021 to over $8.39 billion in 2022, and that its Net Loss of $352.03 million in 2021 turned into a Net Income of $1.83 billion in in 2022.

Shares of Airbnb, Inc. (NASDAQ: ABNB) rose from $104.92 per share in May 2023 to as high as $15.33 per share on July 28, 2023.

Those who purchased shares of Airbnb, Inc. (NASDAQ: ABNB) 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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