SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meta Platforms, Inc. f.k.a. Facebook, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 27, 2021

New York, New York – (Newsfile Corp. – November 20, 2021) – The following statement is issued by Levi & Korsinsky, LLP:

To: Any person or entity that purchased or otherwise acquired Meta Platforms, Inc. (“Facebook”) (NASDAQ: FB) securities between November 3, 2016 and October 21, 2021. You are hereby notified that a A securities class action has been filed in the US District Court for the Eastern District of New York. For more information go to:

Facebook, Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There are no costs or obligations for you.

Meta Platforms, Inc. fka Facebook, Inc. NEWS – FB NEWS

CASE DETAILS: According to the complaint submitted: (1) Facebook misrepresented its user growth; (2) Facebook knew, or should have known, that duplicate accounts were a larger proportion of its growth than advertised, and should have provided more detailed information on the impact of duplicate accounts on Facebook’s user base and growth; (3) Facebook did not offer a fair platform for speeches and regularly protected top-class users via its Cross Check / XCheck system; (4) Despite knowing how to use the Facebook platforms, the company failed to respond sensibly to drug cartels, human traffickers and violent organizations; (5) Facebook has worked to attract young people to its platform and services; and (6) as a result, Defendants’ public statements were, at all relevant times, essentially false and misleading.

WHAT THIS MEANS FOR THE SHAREHOLDERS: If you have suffered a loss on Facebook, you can apply until December 27, 2021 for the court to appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

NO COST TO YOU: If you purchased Facebook securities between November 3, 2016 and October 21, 2021, you may be eligible for compensation with no out-of-pocket expenses or fees.

The story goes on

PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/facebook-inc-loss-submission-form?prid=21426&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been disadvantaged by companies.

Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut and Washington, DC. The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have had remarkable results for clients in the US and internationally. The company, with more than 80 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the United States in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 consecutive years. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year on year ISS has recognized Levi & Korsinsky as the leading law firm in securities class action.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104554

Comments are closed.