Civil Litigation,
Securities
Jul. 18, 2018
Judge certifies securities class action against Twitter
A federal judge approved certification of a securities class action against Twitter Inc. in an order Tuesday morning.
A federal judge approved certification of a securities class action against Twitter Inc. in an order Tuesday morning.
Plaintiffs claim the social media company misled investors about internal metrics on user activity, leading to a precipitous drop in share prices when more accurate data became publicly available. Twitter Inc. Securities Litigation, 16-CV05314 (N.D. Cal., filed Sept. 16, 2016).
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