Daniel Webster, dWeb.News Publisher
NEW YORK, Nov. 19, 2021 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Meta Platforms, Inc. f/k/a Facebook, Inc. (NASDAQ: FB) (“Facebook”) between November 3, 2016 and October 4, 2021, inclusive (the “Class Period”) of the important December 27, 2021 lead plaintiff deadline in the securities class action first filed by the firm.
SO WHAT: If you purchased Facebook securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Facebook class action, go to http://www.rosenlegal.com/cases-register-2176.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. Already filed a class action lawsuit. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021. The lead plaintiff is an individual who acts on behalf of the class members and directs the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Notices are often issued by firms that lack comparable experience, resources or meaningful peer recognition. Choose wisely when selecting counsel. The Rosen Law Firm represents investors around the world, with a focus on shareholder derivative litigation and securities class actions. Rosen Law Firm achieved the largest securities class action settlement against any Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lawdragon and Super Lawyers have recognized many of the firm’s lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made 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. The lawsuit claimed that investors suffered damages when the truth was revealed.
To join the Facebook class action, go to http://www.rosenlegal.com/cases-register-2176.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
No Class Has Been Certified. You are not permitted to retain counsel until a class has been certified. You can choose the counsel you prefer. You can also be an absent member of the class and do nothing. The ability of an investor to share in any future recovery is not tied to the role of lead plaintiff.
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Attorney Advertising. Past results are not indicative of a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, P.A.
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The post BUSINESS: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Meta Platforms, Inc. F/k/a Facebook, Inc. To Secure Counsel Prior To Important Deadline In Securities Class Act Commencing By The Firm – FB appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News