Market Overview

FACEBOOK INVESTOR ALERT: Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Facebook, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm


Kaskela Law LLC announces that a shareholder class action lawsuit has
been filed against Facebook, Inc. (NASDAQ:FB) ("Facebook" or the
"Company") on behalf of purchasers of the Company's securities between
April 26, 2018 and July 25, 2018
, inclusive (the "Class

Investors who purchased Facebook's securities during the Class Period
may, no later than September 25, 2018,
seek to be appointed as a lead plaintiff representative of the class.
Facebook investors who have suffered investment losses in excess of
$100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela,
Esq.) at (484) 258 – 1585 or (888) 715 – 1740 and/or submit their
information to the firm online at

On July 25, 2018, Facebook announced its financial and operating results
for the second quarter of 2018, including revenue and user numbers that
fell short of market expectations. During a subsequent conference call,
Facebook's Chief Financial Officer reported that the Company "expect[s]
currency to be a slight headwind in the second half versus the tailwinds
we have experienced over the last several quarters," and that the
Company "plan[s] to grow and promote certain engaging experiences like
Stories that currently have lower levels of monetization."

Following these disclosures, shares of Facebook's stock declined
$41.24 per share, or 19%, to close at $176.26 on July 26, 2018.

The shareholder class action complaint alleges that Facebook and certain
other defendants made a series of false and misleading statements during
the Class Period and failed to disclose material adverse facts to
investors about the Company's business, operations and prospects. The
complaint further alleges that, due to defendants' conduct, investors
purchased Facebook's securities at artificially inflated prices during
the Class Period and suffered significant investment losses following
the defendants' disclosures.

Facebook investors who have suffered investment losses in excess of
$100,000 are encouraged to contact Kaskela Law LLC and/or submit their
information online at
Kaskela Law LLC exclusively represents stockholders in state and federal
actions throughout the country. For additional information about Kaskela
Law LLC please visit

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