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IN RE TWITTER, INC. SECURITIES LITIGATION
Case Number:
4:19-cv-07149
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 10, 2020
Twitter Investors' Securities Fraud Suit Gets Axed, For Now
A California federal judge dismissed a proposed securities class action Thursday that accused Twitter of issuing misleading statements about its targeted advertising feature, but allowed the shareholders a chance to amend their complaint.
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November 10, 2020
Twitter Investors' Securities Fraud Suit Meets Skeptical Judge
A California federal judge said during a video hearing that she's inclined to dismiss a putative class action brought by Twitter investors alleging that the social media giant failed to disclose problems with its targeted advertising feature, leading to a decline in revenue and a drop in stock prices.