The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Twitter, Inc. (“Twitter” or “the Company”) (NYSE: TWTR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Elon Musk disclosed the purchase of a 9.2% stake in Twitter on April 4, 2022, which caused the Company’s shares to surge 27% on the same day. Investors who sold the Company’s shares between March 14, 2022, the date on which Musk should have disclosed his stock purchases, and April 4, 2022, the date he did disclose his purchases, potentially lost out on significant gains when the market reacted to Musk’s disclosure.
If you are a shareholder who 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 free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220407005934/en/
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com