INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Meta Platforms, Inc. f/k/a Facebook, Inc. and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm, a nationwide shareholder rights litigation agency, publicizes that it’s investigating claims on behalf of traders of Meta Platforms, Inc. f/ok/a Fb, Inc. (“Fb” or “the Firm”) (NASDAQ: FB) for violations of the securities legal guidelines.

The investigation focuses on whether or not the Firm issued false and/or deceptive statements and/or didn’t disclose info pertinent to traders. Fb is the topic of a “60 Minutes” section aired on October 3, 2021, during which an organization whistleblower made a number of allegations towards the Firm, together with that it has misled the market about its efforts to fight misinformation. On October 4, 2021, the Firm’s important platform and different platforms it owns together with Instagram and WhatsApp suffered an enormous outage that continued a lot of the day. The Firm has not supplied a proof for the outage as of market shut on the identical day. Primarily based on this information, shares of Fb fell by as a lot as 6% in intraday buying and selling.

If you’re a shareholder who suffered a loss, click here to participate.

We additionally encourage you to contact Brian Schall of the Schall Legislation Agency, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to debate your rights freed from cost. You too can attain us by way of the agency’s web site at www.schallfirm.com, or by electronic mail at brian@schallfirm.com.

The category on this case has not but been licensed, and till certification happens, you aren’t represented by an legal professional. In case you select to take no motion, you possibly can stay an absent class member.

The Schall Legislation Agency represents traders world wide and focuses on securities class motion lawsuits and shareholder rights litigation.

This press launch could also be thought-about Lawyer Promoting in some jurisdictions underneath the relevant regulation and guidelines of ethics.

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