Pinterest, Inc. Class Action Lawsuit - PINS

Company
Pinterest, Inc. (NYSE: PINS)
Lead Plaintiff Deadline
January 22, 2021 (Expired)
Class Period
May 16, 2019 - November 1, 2019

Expired

Lead Plaintiff Deadline

Jan 22, 2021

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Allegations

(i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in Pinterest during the relevant time frame or pursuant to the relevant offering(s), you have until January 22, 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.

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