NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Facebook, Inc. (NASDAQGS: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.” Then on March 18, 2018, the office of the Massachusetts Attorney General announced it had launched an investigation. Then on March 19, 2018, European Union officials also said they would commence an investigation. Following this news, Facebook shares fell to a close of $168.15 on March 20, 2018.
If you suffered a loss in Facebook and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/FB-Info-Request-Form-281.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.