MONDAY DEADLINE: The Schall Law Firm Announces it is Investigating Claims Against Alphabet Inc. & Encourages Investors with L...
December 07 2018 - 11:30AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces that it is investigating claims on behalf of
investors of Alphabet Inc. (“Alphabet” or “the Company”) (NASDAQ:
GOOG, GOOGL) 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.
The investigation focuses on whether the Company issued false
and/or misleading statements and/or failed to disclose information
pertinent to investors. The Wall Street Journal published an
article on October 8, 2018, titled, “Google Exposed User Data,
Feared Repercussions of Disclosing to Public.” The article stated
that “Google exposed the private data of hundreds of thousands of
users of the Google+ social network and then opted not to disclose
the issue this past spring, in part because of fears that doing so
would draw regulatory scrutiny and cause reputational damage.” The
article added that based on this news, the Company “announced a
sweeping set of data privacy measures that include permanently
shutting down all consumer functionality of Google+.” Based on this
news, shares of Alphabet fell sharply the same day.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, 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.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20181207005362/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.310-301-3335info@schallfirm.comwww.schallfirm.com
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