Alphabet Inc. Class Action Lawsuit - GOOGL

Company
Alphabet Inc. (NASDAQ: GOOGL)
Lead Plaintiff Deadline
May 15, 2023 (Expired)
Class Period
February 4, 2020 - January 23, 2023

Expired

Lead Plaintiff Deadline

May 15, 2023

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Allegations

The filed complaint alleges that Alphabet Inc. made materially false and/or misleading statements and/or failed to disclose that:

(i) Alphabet used its dominance in the field of digital advertising to disadvantage website publishers and advertisers who used competing advertising products; (ii) the foregoing conduct was anticompetitive in nature and likely to draw significant regulatory scrutiny; (iii) Alphabet’s revenues were unsustainable to the extent that they were the product of said anticompetitive conduct; (iv) Alphabet’s conduct, once revealed, would negatively impact the Company’s reputation and expose it to a heightened risk of litigation and regulatory enforcement action; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in Alphabet during the relevant time frame or pursuant to the relevant offering(s), you have until May 15, 2023 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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