Investors who purchased the Company’s securities between February 4, 2021 and April 27, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 28, 2021.
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 free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Pinterest was suffering from slow user growth. The Company expected user engagement in the second quarter to slow based on the loss of momentum in user growth. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Pinterest, investors suffered damages.
The Schall Law Firm
Brian Schall, Esq.,