Facebook, Inc. (FB)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Facebook, Inc. (“Facebook” or the “Company”) (NASDAQ: FB). The investigation concerns whether Facebook and certain of its officers and/or directors have violated federal securities laws.

 

On October 3, 2021, Facebook appeared on a segment of "60 Minutes" in which a whistleblower made several allegations against Facebook, including that it has misled the market about its efforts to combat misinformation. On October 4, 2021, the Company’s main platform and other platforms it owns including Instagram and WhatsApp suffered a massive outage for majority of the day. Facebook has yet to provide an explanation for the outage. Following this news, Facebook stock dropped as much as 6% during intraday trading on October 4, 2021.

 

If you are aware of any facts relating to this investigation, or purchased Facebook shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.