NEW YORK

,

Dec. 6, 2021

/PRNewswire/ — The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Meta Platforms, Inc. f.k.a. Facebook, Inc.

(“Facebook”) (NASDAQ: FB)


between

November 3, 2016

and

October 21, 2021



.


You are hereby notified


that a securities class action lawsuit has been commenced in

the United States

District Court for the Eastern District of

New York

. To get more information go to:

Facebook, Inc. Loss Submission Form

or contact

Joseph E. Levi, Esq.

either via email at

[email protected]

or by telephone at (212) 363-7500.

There is no cost or obligation to you.

Meta Platforms, Inc. f.k.a. Facebook, Inc. NEWS – FB NEWS

CASE DETAILS:

According to the filed complaint: (1) Facebook misrepresented its user growth; (2) Facebook knew, or should have known, that duplicate accounts represented a greater portion of its growth than stated, and it should have provided more detailed disclosures as to the implication of duplicate accounts to Facebook’s user base and growth; (3) Facebook did not provide a fair platform for speech, and regularly protected high profile users via its Cross Check/XCheck system; (4) despite being aware of their use of Facebook’s platforms, the Company failed to respond meaningfully to drug cartels, human traffickers, and violent organizations; (5) Facebook has been working to attract preteens to its platform and services; and (6) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS:

If you suffered a loss in Facebook, you have until


December 27, 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.

NO COST TO YOU:

If you purchased Facebook securities between

November 3, 2016

and

October 21, 2021

, you may be entitled to compensation without payment of any out-of-pocket costs or fees.

PROTECT YOUR FINANCIAL INTERESTS:

Complete this brief submission form

Facebook, Inc. Loss Submission Form

or call 212-363-7500 to discuss the case with

Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY:

Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by corporations.

Levi & Korsinsky is a nationally recognized firm with offices in

New York

,

California

,

Connecticut

, and

Washington, D.C.

The Firm’s Founding Partners,

Joseph Levi

and

Eduard Korsinsky

, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our attorneys have extensive expertise representing investors in securities litigation with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked in Institutional Shareholder Services’ (“ISS”) SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in

the United States

. The SCAS Top 50 Report identifies the top plaintiffs’ securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.

CONTACT:


Levi & Korsinsky, LLP


Joseph E. Levi, Esq.



Ed Korsinsky, Esq.


55 Broadway, 10th Floor


New York, NY

10006


[email protected]


Tel: (212) 363-7500

Fax: (212) 363-7171


www.zlk.com

View original content to download multimedia:

https://www.prnewswire.com/news-releases/shareholder-alert-levi–korsinsky-llp-reminds-shareholders-of-meta-platforms-inc-fka-facebook-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-december-27-2021–fb-301438222.html

SOURCE Levi & Korsinsky, LLP