Meta Platforms, Inc. Loss Submission Form

Company: Meta Platforms, Inc.

Ticker: (NASDAQ) FB

Deadline

Passed

Lead Plaintiff Deadline: May 09, 2022

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Allegations

(1) Apple’s iOS privacy changes were having a material impact on Meta’s ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta’s mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.