The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Skillz Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between December 16, 2020 and April 19, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before July 7, 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 brian@schallfirm.com.

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. The three games that comprised the majority of Skillz’s revenue had suffered from a significant decline. The Company’s financial condition was misrepresented by its revenue recognition policy. The Company’s growth projections, especially in the Android market, were unrealistic. 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 Skillz, investors suffered damages.

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com 
Office: 310-301-3335
info@schallfirm.com

See Campaign: http://www.schallfirm.com 
Contact Information:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com 
Office: 310-301-3335
info@schallfirm.com

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, Classaction-Marketing, Wire, Legal Newswire, United States, English

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