The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Pinterest, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, Calif .– (Newsfile Corp. – May 31, 2021) – Schall law firm, a national shareholder law firm, is reminding investors of a class action lawsuit against Pinterest, Inc. (“Pinterest” or “the Company”)) (NYSE : PINS) for violating Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5, which were published by the US Securities and Exchange Commission.

Investors who acquired the Company’s securities between February 4, 2021 and April 27, 2021 inclusive (the “Class Period”) are advised to contact the Company before June 28, 2021.

If you are a shareholder who has suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no charge. You can also contact us on the company’s website at www.schallfirm.com or by email at [email protected]

In this case, the class has not yet been certified and you will not be represented by a lawyer until certification. If you don’t take action, you can remain an absent class member.

According to the complaint, the company made false and misleading statements to the market. Pinterest suffered from slow user growth. The company expected a slowdown in user engagement in the second quarter due to the slowdown in user growth. Because of these facts, the company’s public statements were false and materially misleading throughout the teaching period. When the market learned the truth about Pinterest, investors suffered damage.

Join the case to make up for your losses.

Schall law firm represents investors around the world and specializes in class action and shareholder disputes.

This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.

CONTACT:

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The law firm Schall
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

The law firm Schall

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85871

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