Facebook, Inc. Class Action Lawsuit - FB

Company
Facebook, Inc. (NASDAQ: FB)
Class Period
July 28, 2021 - October 3, 2021

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Allegations

on October 3, 2021, "60 Minutes" interviewed former Facebook data scientist Frances Haugen, who alleges that the company has been deceiving investors about how it has been dealing with hate speech and misinformation on its platform. Following the publication of this interview, Facebook and other related apps, such as Instagram and WhatsApp, experienced a widespread outage. It is currently unclear what the cause of the disruption is. On this news, the Company’s share price fell as much as 6% on October 4, 2021, thereby injuring investors.

Eligibility

In order to be eligible to join the FB class action lawsuit, you must have incurred a loss on shares of Facebook purchased during the class period listed above.

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