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AFRM Investors Have Opportunity to Lead Affirm Holdings, Inc. Securities Fraud Lawsuit
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PR Newswire
LOS ANGELES, March 24, 2022
Shareholders with $100,000 losses or more are encouraged to contact the firm
LOS ANGELES, March 24, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM).
Class Period: February 10, 2022
Lead Plaintiff Deadline: April 29, 2022
If you wish to serve as lead plaintiff of the Affirm lawsuit, you can submit your contact information at www.glancylaw.com/cases/affirm-holdings-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company's Tweet contained only selected metrics from its second quarter 2022 financial results, which caused investors to believe that the Company had performed better than it actually did; (2) the Tweet omitted material details, including that Affirm's quarterly loss was $0.57 per share, which was necessary in order to make the statement made not misleading; and (3) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View original content to download multimedia:https://www.prnewswire.com/news-releases/afrm-investors-have-opportunity-to-lead-affirm-holdings-inc-securities-fraud-lawsuit-301509573.html
SOURCE Glancy Prongay & Murray LLP
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