INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Twitter, Inc. of a Class Action Lawsuit & a Lead Plaintiff Dead...
09 Novembre 2016 - 4:15PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Twitter, Inc. (“Twitter”) (NYSE: TWTR)
between February 6, 2015 and July 28,
2015. You are hereby notified that a securities
class action lawsuit has been commenced in the USDC for the
Northern District of California. To get more information go
to:
http://www.zlk.com/pslra/twitter-inc
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period
defendants concealed adverse facts they knew or deliberately
disregarded, including: (a) that by early 2015, daily active users
(“DAUs”) had replaced the timeline views metric as the primary user
engagement metric tracked internally by Twitter management; (b)
that the trend in user engagement growth was flat or declining; (c)
that new product initiatives were not having a meaningful impact on
Monthly Active Users (“MAUs”) or user engagement; (d) that
Twitter’s stated “acceleration [in MAU growth]” was the result of
low-quality MAU growth, and (e) that defendants lacked a basis for
their previously issued projections of approximately 20% MAU growth
and 550 million MAUs in the immediate term. As a result of
defendants’ false statements and/or omissions, Twitter stock traded
at artificially inflated prices during the Class Period, reaching a
high of $52.87 per share.
If you suffered a loss in Twitter you have until November 15, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161109005744/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com
Twitter (NYSE:TWTR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Twitter (NYSE:TWTR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024
Real-Time news about Twitter Inc (New York Stock Exchange): 0 recent articles
Plus d'articles sur Twitter, Inc.