{"id":400115,"date":"2020-12-15T10:03:37","date_gmt":"2020-12-15T15:03:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400115"},"modified":"2020-12-15T10:03:37","modified_gmt":"2020-12-15T15:03:37","slug":"pins-investor-alert-bronstein-gewirtz-grossman-llc-notifies-pinterest-inc-shareholders-with-losses-exceeding-250k-of-class-action-and-lead-plaintiff-deadline-january-22-2021-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pins-investor-alert-bronstein-gewirtz-grossman-llc-notifies-pinterest-inc-shareholders-with-losses-exceeding-250k-of-class-action-and-lead-plaintiff-deadline-january-22-2021-2\/","title":{"rendered":"PINS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Pinterest Inc. Shareholders With Losses Exceeding $250K of Class Action and Lead Plaintiff Deadline: January 22, 2021"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, Dec. 15, 2020<\/span> \/PRNewswire\/ — Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pinterest Inc. (“Pinterest”\u00a0or “the Company”) (NYSE: PINS)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Pinterest\u00a0securities between\u00a0May 16, 2019 to November 1, 2019<\/span>, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com\/pins<\/a>. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n

\n
\n \"Bronstein,
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0<\/b>\n <\/p>\n

The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the Company’s addressable market in the U.S. was reaching its maximum capacity; (2) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (3) Pinterest was at an increased risk of losing advertising revenue; (4) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com\/pins<\/a>\u00a0or you may contact Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, Yael Hurwitz<\/span> of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Pinterest you have until January 22, 2021<\/span> to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:<\/p>\n

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein<\/span> or Yael Hurwitz<\/span>
212-697-6484 | info@bgandg.com<\/a><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/pins-investor-alert-bronstein-gewirtz–grossman-llc-notifies-pinterest-inc-shareholders-with-losses-exceeding-250k-of-class-action-and-lead-plaintiff-deadline-january-22-2021-301191782.html<\/a><\/p>\n

SOURCE Bronstein, Gewirtz & Grossman, LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Dec. 15, 2020 \/PRNewswire\/ — Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pinterest Inc. (“Pinterest”\u00a0or “the Company”) (NYSE: PINS)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Pinterest\u00a0securities between\u00a0May 16, 2019 to November 1, 2019, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com\/pins. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.\u00a0 The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) … <\/p>\n

Continue reading “PINS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Pinterest Inc. Shareholders With Losses Exceeding $250K of Class Action and Lead Plaintiff Deadline: January 22, 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400115","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPINS Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Pinterest Inc. 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