The Law Offices of Frank R. Cruz Announces Investigation of Amazon.com, Inc. (AMZN) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of Amazon.com, Inc. (“Amazon” or the “Company”) (NASDAQ: AMZN) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On April 28, 2022, Amazon reported a $3.8 billion net quarterly loss. The Company disclosed $6 billion of “incremental costs,” including $2 billion due to “overcapacity” in its “fulfillment and transportation network.” Amazon also disclosed that it expected the impacts of this to “persist for the next several quarters.”

On this news, Amazon’s stock fell $406.30, or 14%, to close at $2,485.63 per share on April 29, 2022, thereby injuring investors.

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If you purchased Amazon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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