Facebook Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Facebook Inc |
Stock Symbol : | NASDAQ: FB |
Class Period Start: | 02/03/2017 |
Class Period End: | 03/19/2018 |
Lead Plaintiff motion: | 05/21/2018 |
Date Filed: | 03/20/2018 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Northern District of California |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the May 21, 2018 lead plaintiff deadline in a class action lawsuit filed against Facebook Inc (NASDAQ: FB) (“Facebook” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Facebook Inc securities between February 3, 2017 and March 19, 2018, have until May 21, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Facebook Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Facebook violated its own purported data privacy policies by allowing third parties to access the personal data of millions of Facebook users without the users’ consent; discovery of the foregoing conduct would foreseeably subject the Company to heightened regulatory scrutiny; and as a result, Facebook’s public statements were materially false and misleading at all relevant times. On March 19, 2018, many news sources reported that a political advertising firm retained information on millions of Facebook Inc. users without their consent. In addition, revealing that Facebook was allegedly aware of this breach of privacy for several years. Following this news, NASDAQ: FB fell over 6% during intraday trading on March 19, 2018. If you were negatively impacted by your investment in Facebook Inc securities between February 3, 2017 and March 19, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |