Levi & Korsinsky, LLP announces that a WISH class action lawsuit has been filed on behalf of investors who purchased Contextlogic Inc.(WISH) securities between December 16, 2020, and May 12, 2021. For more on the WISH Lawsuit please contact us today.
According to the Contextlogic lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: In the registration statement and prospectus used to conduct the initial public offering and throughout the class period, defendants made materially false and misleading statements about the strength of ContextLogic’s business operations and financial prospects by overstating its then-present monthly active users (“MAUs”) and MAU growth trends.
If you suffered a loss in Contextlogic you have until July 16, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171