{"id":413328,"date":"2021-01-12T11:32:41","date_gmt":"2021-01-12T16:32:41","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413328"},"modified":"2021-01-12T11:32:41","modified_gmt":"2021-01-12T16:32:41","slug":"pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\/","title":{"rendered":"PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. &#8211; PINS"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Jan.  12, 2021  (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Pinterest, Inc. (NYSE: PINS) from May 16, 2019 through November 1, 2019, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Pinterest, Inc. investors under the federal securities laws.<\/p>\n<p>To join the class action, go <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Zpr8yu24hfwveOJ11TuPQ18BRikvJ4vBqeIxuKkc2YP9Tr0XNrCKXeAP5i_Z0kgQS-5Sfv0ZiQSWAsoqtQnKHvf0v5wZ8RjN6AzH89m9sVYKiKJb--eL8HvDY5qfAnHQ\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7r2mXj79NkCtF0kOG0xQzXs3VtU1wEgddhq4uoKaxYRYowF-mFhTykV9eq-7ty03QE3n4Av4J-_zFfzLPWp1V3ToGxw-batAdCbii8vd5O8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0for information on the class action.<\/p>\n<p>According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: the Company\u2019s addressable market in the U.S. was reaching its maximum capacity; which significantly decelerated Pinterest\u2019s future ability to monetize on U.S. average revenue per user; Pinterest was at an increased risk of losing advertising revenue; and as a result, Defendants\u2019 public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than <strong>January 22, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.<\/p>\n<p>Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<br \/>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact:\u00a0\u00a0<br \/>Vik Pawar, Esq.\u00a0\u00a0<br \/>Pawar Law Group\u00a0\u00a0<br \/>20 Vesey Street, Suite 1410\u00a0\u00a0<br \/>New York, NY 10007\u00a0\u00a0<br \/>Tel: (917) 261-2277\u00a0\u00a0<br \/>Fax: (212) 571-0938\u00a0\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7r2mXj79NkCtF0kOG0xQzXs3VtU1wEgddhq4uoKaxYTRTC2Wlp2zvS96bdXdIiIN9hSskzovhOV_DUXA1UkigRBtmusslVYQUU2CQTcPC14=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYxNCMzOTE1NjczIzIwODMxNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e9e5d5e9-a620-4fc0-8c66-ddaaf16a3333\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Pinterest, Inc. (NYSE: PINS) from May 16, 2019 through November 1, 2019, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Pinterest, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: the Company\u2019s addressable market in the U.S. was reaching its maximum capacity; which significantly decelerated Pinterest\u2019s future ability to monetize on U.S. average revenue &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. &#8211; PINS&#8221;<\/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-413328","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. - PINS - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. - PINS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Pinterest, Inc. (NYSE: PINS) from May 16, 2019 through November 1, 2019, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Pinterest, Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: the Company\u2019s addressable market in the U.S. was reaching its maximum capacity; which significantly decelerated Pinterest\u2019s future ability to monetize on U.S. average revenue &hellip; Continue reading &quot;PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. &#8211; PINS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T16:32:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDYxNCMzOTE1NjczIzIwODMxNDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pins-investor-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-pinterest-inc-pins-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PINS INVESTOR DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Pinterest, Inc. &#8211; 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