Pinterest, Inc. (NYSE: PINS) Securities Fraud Class Action

Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Pinterest, Inc. (“Pinterest”) (NYSE: PINS) securities between February 7, 2025 and February 12, 2026, inclusive (the “Class Period”).

After multiple drops to its stock price on November 4, 2025 and January 27, 2026, in response to the company’s disclosures, the final drop came on February 12, 2026. On that date, Pinterest released its fourth quarter 2025 financial results and revealed quarterly revenue of $1.32 billion, below consensus estimates of $1.33 billion, and first quarter 2026 revenue guidance of $951 million to $971 million, below consensus estimates of $980.6 million. Pinterest attributed the poor results to “an exogenous shock . . .related to tariffs,” and stated that the company “expect[s] these [tariff] headwinds will continue and may become slightly more pronounced in Q1”. On this news, Pinterest’s stock price fell $3.12 per share, or 16.8%, to close at $15.42 per share on February 13, 2026.

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Pinterest was experiencing and/or was likely to experience reduced revenues from its advertising partners; (2) Pinterest overstated its ability to manage the impact of U.S. tariffs on the macroeconomic environment in which the company operated, including the foreseeable impact on Pinterest’s advertising partners; (3) the impact of the foregoing on Pinterest’s advertising revenues was significant enough that Pinterest was facing and/or likely to face an imminent restructuring; 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 15, 2026, the Court appointed Lead Plaintiffs and Lead Counsel. This action is ongoing.

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.