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FB ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 9, 2022, in the Class Action Filed on Behalf of Meta Platforms, Inc. Shareholders

NEW YORK (ClassActionDaily) The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Meta Platforms, Inc. (NASDAQ: FB) alleging that the Company violated federal securities laws.

  • Class Period: March 2, 2021, to February 2, 2022
  • Lead Plaintiff Deadline: May 9, 2022
  • No obligation or cost to you.

Meta Platforms, Inc. NEWS – FB NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Meta Platforms, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Apple’s iOS privacy changes were having a material impact on Meta’s ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta’s mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Meta Platforms, Inc., you have until May 9, 2022, 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 Meta Platforms, Inc. 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: