New York, New York--(Newsfile Corp. - July 1, 2022) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Amazon.com, Inc. (NASDAQ: AMZN) alleging that the Company violated federal securities laws.
Class Period: February 1, 2019 to April 5, 2022
Lead Plaintiff Deadline: July 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AMZN:
Amazon.com, Inc. NEWS - AMZN NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Amazon.com, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Amazon you have until July 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Amazon securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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