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Nov. 17, 2021, 6:32 p.m. EST

FB ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of December 27, 2021 in the Class Action Filed on Behalf of Meta Platforms, Inc. f.k.a. Facebook, Inc. Limited Shareholders

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New York, New York, Nov 17, 2021 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - November 17, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Meta Platforms, Inc. f.k.a. Facebook, Inc. /zigman2/quotes/205064656/composite FB +2.40% alleging that the Company violated federal securities laws.

Class Period: November 3, 2016 to October 21, 2021
Lead Plaintiff Deadline: December 27, 2021
No obligation or cost to you.

Learn more about your recoverable losses in FB:
https://www.kleinstocklaw.com/pslra-1/facebook-inc-loss-submission-form?id=21334&from=5

Meta Platforms, Inc. f.k.a. Facebook, Inc. NEWS - FB NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Meta Platforms, Inc. f.k.a. Facebook, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Facebook you have until December 27, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Facebook securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the FB lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link .

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104122

COMTEX_397154109/2523/2021-11-17T18:31:37

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/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 301.71
+7.07 +2.40%
Volume: 21.87M
Jan. 28, 2022 4:00p
P/E Ratio
21.54
Dividend Yield
N/A
Market Cap
$819.62 billion
Rev. per Employee
$1.92M
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