Fastly, Inc. Class Action Lawsuit - FSLY

Company
Fastly, Inc. (NYSE: FSLY)
Lead Plaintiff Deadline
October 26, 2020 (Expired)
Class Period
May 6, 2020 - August 5, 2020

Expired

Lead Plaintiff Deadline

Oct 26, 2020

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Allegations

(1) Fastly’s largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials; (2) there was a material risk that Fastly’s business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the FSLY class action lawsuit, you must have incurred a loss on shares of Fastly purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Fastly during the relevant time frame or pursuant to the relevant offering(s), you have until October 26, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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