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Barclift v. Twitter, Inc. et al
Case Number:
4:19-cv-07992
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Multi Party Litigation:
Class Action
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February 12, 2020
Consolidation Of Twitter Stock-Drop Suits Get Judge's OK
A California federal judge approved a plan Wednesday to consolidate cases and counsel for a putative class of Twitter investors who allege the social media giant failed to disclose problems with targeted advertising, leading to a decline in revenue and a drop in stock prices.
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December 05, 2019
Twitter Investor Files Stock-Drop Suit Over Ad Revenue Slump
A Twitter investor on Thursday hit the social media behemoth with a proposed class action accusing the company and its top brass of failing to disclose problems with targeted advertising that led to a decline in advertising revenue, ultimately sinking stock prices.