DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal judge Joe Kendall, announces that a class action lawsuit has been filed against Facebook, Inc. (NASDAQ: FB) and certain of its executives for violations of §§10(b) and 20(a) of the Securities and Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The lawsuit alleges violations related to Facebook user privacy and alleged misleading statements made by Defendants to investors.
If you wish to serve as the lead plaintiff, you must move to do so no later than May 21, 2018. The Kendall Law Group encourages shareholders who purchased shares of Facebook and who would like to discuss their legal rights, without obligation or cost, can contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at firstname.lastname@example.org.
The Kendall Law Group was founded by former federal judge Joe Kendall. It is a boutique trial law firm staffed by highly experienced litigators. Led by Joe Kendall, the group of experienced and highly specialized practitioners brings value-added assistance to their clients in complex class action, securities, and business litigation matters. Since 2002, in class action securities fraud cases, the lawyers at Kendall Law Group have participated in obtaining over $1 billion dollars for shareholders.