NEW YORK, Feb. 17, 2017 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased Facebook, Inc. (NASDAQ:FB) securities between May 5, 2014 and December 9, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/facebook. There is no cost or obligation to you.
According to the complaint, throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Facebook’s metrics to calculate the average time users spent watching videos was overestimated by between 60% and 80%; (2) Facebook provided inaccurate statistics to advertisers regarding the amount of activity their ads received on the Website; and (3) as a result, the Defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you suffered a loss in Facebook you have until March 28, 2017 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. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/facebook.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]


OpenAI Addresses Security Vulnerability in macOS App Certification Process
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Bill Ackman Eyes New Fund to Bet Against Market Complacency
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs
Chinese Cars in Europe: Consumer Trust Is Shifting Fast
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts 



