DEADLINE TODAY: Levi & Korsinsky, LLP Reminds 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, December 27, 2021 / PRNewswire / – The following statement is issued by Levi & Korsinsky, LLP:
To: Any person or entity that holds the securities of Meta Platforms, Inc. fka Facebook, Inc. (“Facebook”) (NASDAQ: FB) between. bought or otherwise acquired 3rd November 2016 and October 21, 2021. You are hereby notified that a securities class action lawsuit has been initiated in The United States District Court for the Eastern District of new York. For more information go to:
or contact Joseph E. Levi, Esq. either by email to [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 about the use of Facebook’s 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 TO SHAREHOLDERS: If you suffered a loss on Facebook, all you have left is TODAY to seek the court’s appointment as lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.
NO COST TO YOU: If you have Facebook securities between 3rd November 2016 and October 21, 2021, you may be entitled to compensation without paying any expenses or fees.
PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/facebook-inc-loss-submission-form?wire=4 or call 212-363-7500 to order to discuss the case 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 company with offices in new York, California, Connecticut, and Washington, DC Founding partner of the company, Joseph Levi and Eduard Korsinsky, representing shareholders and institutional clients for nearly 20 years, have achieved remarkable results for clients in the US and internationally. The company, with more than 70 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 SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 years in a row The United States. 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 class of securities law firm.
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
SOURCE Levi & Korsinsky, LLP
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