BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Facebook, Inc. (“Facebook” or the “Company”) (NASDAQ: FB) concerning the Company and its officers’ potential violation of federal securities laws.
On or around April 2015, Facebook allegedly found errors with the advertising and content metrics used to bill advertisers on its platform. The Company allegedly hid these problems from customers-advertisers, and the investing public. More recently, around November 2016 the Company announced a decrease in advertising revenue. This decrease in revenues allegedly resulted from problems with its advertising platform, and on this news Facebook stock fell sharply in value.
If you purchased Facebook securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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