Eventbrite, Inc. Securities Fraud Class Action

Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Eventbrite, Inc. (“Eventbrite”) (NYSE: EB) securities (1) pursuant and/or traceable to Eventbrite’s registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the September 2018 initial public offering (“IPO”); and/or (2) between September 20, 2018 and May 1, 2019, inclusive (the “Class Period”).

The complaint alleges that, in the Registration Statement and throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about Eventbrite’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) the company’s migration of customers from Ticketfly to Eventbrite was progressing slower than expected; (2) the Ticketfly integration would take longer than expected; (3) Eventbrite’s revenue and growth would be negatively impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis at all relevant times.

Current Status of Case:
On June 27, 2022, the Court granted the Stipulation and Order Dismissing Action with Prejudice. This action has concluded.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. If you would like additional information about the suit, please click on the link “Submit Your Information” above and fill out the form as promptly as possible.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.