ClaimsFiler, a FREE shareholder information service, reminds investors
that they have until May 21, 2018 to file lead plaintiff
applications in a securities class action lawsuit against Facebook, Inc.
(NasdaqGS: FB), if they purchased the Company’s shares between February
3, 2017 and March 23, 2018, inclusive (the “Class Period”). This action
is pending in the United States District Court for the Northern District
Facebook investors should visit us at https://www.claimsfiler.com/cases/view-facebook-inc-securities-litigation-2
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Facebook and certain of its executives are charged with failing to
disclose material information during the Class Period, violating federal
The alleged false and misleading statements and omissions include, but
are not limited to, that: (i) the Company had engaged in a practice of
allowing third party companies to access the personal data of millions
of users without their consent for advertising and political research,
in violation of its own data privacy policies; (ii) the discovery of
those actions would likely result in increased scrutiny and/or fines by
government regulators; and (iii) as a result of the foregoing,
Facebook’s financial statements were materially false and misleading at
all relevant times.
ClaimsFiler has a single mission: to serve as the information source to
help retail investors recover their share of billions of dollars from
securities class action settlements. ClaimsFiler’s team of experts
monitor the securities class action landscape and cull information from
a variety of sources to ensure comprehensive coverage across a broad
range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.