NYSE: TWTR

Twitter, Inc. (Whistleblower)

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Twitter, Inc. (NYSE: TWTR) between August 3, 2020 and August 23, 2022, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than November 14, 2022.

If you purchased Twitter securities between August 3, 2020 and August 23, 2022 and would like to join the action, please click “Join This Class Action.”

Class Period:August 3, 2020 to August 23, 2022

Deadline:

39 Days
If you purchased Twitter securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business operations and prospects. Specifically, that:

  • Twitter knew about security concerns on their platform;
  • Twitter actively worked to hide the security concerns from the board, the investing public, and regulators;
  • contrary to representations in SEC filings, Twitter did not take steps to improve security;
  • Twitter’s active refusal to address security issues increased the risk of loss of public goodwill; and
  • as a result, Defendants’ statements about Twitter’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Twitter, Inc.
Stock Symbol: TWTR
Class Period: August 3, 2020 to August 23, 2022
Court: Central District of California

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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