NEW YORK, NY / ACCESSWIRE / November 17, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Meta Platforms, Inc. f.k.a. Facebook, Inc. (NASDAQ:FB)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/facebook-inc-loss-submission-form?prid=21322&wire=1
Lead Plaintiff Deadline: December 27, 2021
Class Period: November 3, 2016 - October 21, 2021
Allegations against FB include that: (1) Facebook misrepresented its user growth; (2) Facebook knew, or should have known, that duplicate accounts represented a greater portion of its growth than stated, and it should have provided more detailed disclosures as to the implication of duplicate accounts to Facebook's user base and growth; (3) Facebook did not provide a fair platform for speech, and regularly protected high profile users via its Cross Check/XCheck system; (4) despite being aware of their use of Facebook's platforms, the Company failed to respond meaningfully to drug cartels, human traffickers, and violent organizations; (5) Facebook has been working to attract preteens to its platform and services; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times.
Zillow Group, Inc. (NASDAQ:Z)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/zillow-group-inc-loss-submission-form?prid=21322&wire=1
Lead Plaintiff Deadline: January 18, 2022
Class Period: February 10, 2021 - November 2, 2021
Allegations against Z include that: (1) despite operational improvements, the Company experienced significant unpredictability in forecasting home prices for its Zillow Offers business; (2) such unpredictability, as well as labor and supply shortages, led to a backlog of inventory; (3) as a result of the foregoing, the Company was reasonably likely to wind-down its Zillow Offers business, which would have a material adverse impact on its financial results; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Lightspeed Commerce Inc. (NYSE:LSPD)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/lightspeed-commerce-inc-loss-submission-form?prid=21322&wire=1
Lead Plaintiff Deadline: January 18, 2022
Class Period: September 11, 2020 - September 28, 2021
Allegations against LSPD include that: (i) Lightspeed had misrepresented the strength of its business by, inter alia, overstating its customer count, gross transaction volume, and increase in Average Revenue Per User, while concealing the Company's declining organic growth and business deterioration; (ii) Lightspeed had overstated the benefits and value of the Company's various acquisitions; (iii) accordingly, the Company had overstated its financial position and prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
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