Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

FACEBOOK INC

(FB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Meta Platforms, Inc. f/k/a Facebook, Inc. and Encourages Investors with Losses to Contact the Firm

11/23/2021 | 03:22pm EST

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Meta Platforms, Inc. f/k/a Facebook, Inc. (“Facebook” or “the Company”) (NASDAQ: FB) 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. Facebook is the subject of a “60 Minutes” segment aired on October 3, 2021, in which a company whistleblower made multiple allegations against the Company, including that it has misled the market about its efforts to combat misinformation. On October 4, 2021, the Company’s main platform and other platforms it owns including Instagram and WhatsApp suffered a massive outage that continued much of the day. The Company has not provided an explanation for the outage as of market close on the same day. Based on this news, shares of Facebook fell by as much as 6% in intraday trading.

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 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.


ę Business Wire 2021
All news about FACEBOOK INC
10:23aUber to allow users to book rides via WhatsApp in India
RE
09:48aMetaverse won't be turning point in cryptocurrency adoption, investor Chesnais says
RE
09:11aFACEBOOK : Expanding Facebook Protect To More Countries
PU
09:05aSoftBank and celebrities back funding for faith-based app
RE
07:11aFACEBOOK : Strengthening Our Efforts Against the Spread of Non-Consensual Intimate Images
PU
06:49aWallstreetbets Stocks Mostly Higher Pre-Bell Thursday, Apple Shares Decline on Demand W..
MT
06:24aFacebook Could Face Lawsuit Over Privacy Violations
MT
04:44aFacebook could be sued by consumer groups, EU court adviser says
RE
12/01Exclusive-Trump's social media venture seeks $1 billion raise -sources
RE
12/01Instagram head to testify before U.S. Senate panel on 'protecting kids online'
RE
More news
Analyst Recommendations on FACEBOOK INC
More recommendations
Financials (USD)
Sales 2021 118 B - -
Net income 2021 39 899 M - -
Net cash 2021 67 499 M - -
P/E ratio 2021 22,3x
Yield 2021 -
Capitalization 864 B 864 B -
EV / Sales 2021 6,77x
EV / Sales 2022 5,61x
Nbr of Employees 68 177
Free-Float 84,5%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Last Close Price 310,60 $
Average target price 403,89 $
Spread / Average Target 30,0%
EPS Revisions
Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
Sector and Competitors
1st jan.Capi. (M$)
FACEBOOK INC13.71%864 015
KUAISHOU TECHNOLOGY0.00%47 030
MATCH GROUP, INC.-15.68%36 088
TWITTER, INC.-20.92%34 176
BUMBLE INC.0.00%4 146
GREE, INC.62.98%1 679