The Law Offices of Frank R. Cruz Announces Investigation of Meta Platforms, Inc. (FB) on Behalf of Investors
The Law Offices of Frank R. Cruz Announces Investigation of Meta Platforms, Inc. (FB) on Behalf of Investors
Shareholders with $100,000 losses or more are encouraged to contact the firm.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Meta Platforms, Inc. (“Meta” or the “Company”) (NASDAQ: FB) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On February 2, 2022, after the market closed, Meta announced disappointing fourth quarter 2021 financial results, including earnings per share of $3.67, below estimates of $3.84 earnings per share. The Company also expected first quarter 2022 revenue between $27 billion and $29 billion, below analysts’ expectations of $30.25 billion.
On this news, the Company’s stock price fell as much as 26% during intraday trading on February 3, 2022.
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If you purchased Meta 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
