Lead Plaintiff Deadline: July 16, 2021
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i) securities of ContextLogic, Inc. and/or sold put options of ContextLogic during the period from December 16, 2020 to May 12, 2021, inclusive; and/or (ii) purchased ContextLogic securities pursuant and/or traceable to the Company’s initial public offering conducted on or about December 16, 2020.
In the registration statement and prospectus used to conduct the initial public offering and throughout the class period, defendants made materially false and misleading statements about the strength of ContextLogic’s business operations and financial prospects by overstating its then-present monthly active users (“MAUs”) and MAU growth trends.
In order to be included in the lawsuit, you must have incurred a loss on shares of Contextlogic purchased or acquired during the class period listed above.
If you suffered a loss in Contextlogic during the relevant time frame, you have until July 16, 2021 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.