NYSE: FSLY

Fastly, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Fastly, Inc. (NYSE: FSLY) between February 15, 2024 and May 1, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 23, 2024.

If you purchased Fastly securities and would like to join the action, please click “Join This Class Action.”

集体诉讼期:February 15, 2024 through May 1, 2024

截止期限:

33 Days
If you purchased Fastly securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

案件详情:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • contrary to its representations to investors, Fastly was in fact experiencing a significant deceleration in growth among its largest consumers and was losing the increased market share it had gained as a result of the 2023 Content Delivery Network (“CDN”) consolidation trend;
  • the foregoing issues were likely to have a material negative impact on the Fastly’s revenue growth;
  • accordingly, Fastly was unlikely to meet its own previously issued revenue guidance for the 2024 fiscal year;
  • as a result, Fastly’s financial position and/or prospects were overstated; and
  • as a result, Fastly’s public statements were materially false and misleading at all relevant times.

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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公司名称: Fastly, Inc.
股票代号: FSLY
集体诉讼期: February 15, 2024 through May 1, 2024
法院: United States District Court for the Northern District of California

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