NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Facebook, Inc. (“Facebook” or “the Company”) (NASADAQGS: FB) concerning possible violations of federal securities laws.
On March 17, 2018, The New York Times reported that voter-profiling company Cambridge Analytica (“Cambridge”) had “harvested private information from the Facebook profiles of more than 50 million users without their permission… making it one of the largest data leaks in the social network’s history.” The next day, March 18, 2018, the Massachusetts Attorney General said her office was launching an investigation. On March 19, 2018, European Union officials also said they would investigate. Following this news, Facebook shares were down more than 6% during intraday trading on March 19, 2018. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.