| COMPANY |
Meta Platforms, Inc. f/k/a Facebook, Inc. |
| COURT |
United States District Court for the Northern District of California |
| CASE NUMBER |
22-cv-01261 |
| JUDGE |
The Honorable Vince Chharbia |
| CLASS PERIOD |
April 29, 2021 - October 21, 2021 |
| SECURITY TYPE |
All Securities |
Case Background:
A class action lawsuit was filed on behalf of those who purchased or acquired Meta Platforms, Inc. f/k/a Facebook, Inc. (“Facebook”) (NASDAQ: FB) common stock between April 29, 2021, and October 21, 2021, inclusive (the “Class Period”).
The action alleges that, throughout the Class Period, the Defendants repeatedly, falsely touted the company’s commitment and ability to prevent the spread of damaging misinformation, criminal activity, and other harmful content on its social media platforms, while simultaneously concealing its dependence upon toxic content and inauthentic accounts to drive revenues.
Current Status of Case:
On March 3, 2022, this action was voluntarily dismissed. This action has concluded.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. 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.