Stonemor Inc
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Consumer Discretionary : Diversified Consumer Services | Small Cap Value
Company profile

Stonemor Inc. is a provider of funeral and cemetery products and services in the death care industry. The Company's segments include Cemetery Operations and Funeral Home Operations. Cemetery Operations segment consists of sale of cemetery merchandise, which includes markers, bases, vaults, caskets and cremation niches and its cemetery services, which include opening and closing services, cremation services and fees for the installation of cemetery merchandise. Funeral Home Operations segment consists of sales of funeral home merchandise, which includes caskets and other funeral related items and service, which include services such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. Funeral Home Operations segment also include the sale of term and whole life insurance on an agency basis, in which it earn a commission from the sales of these insurance policies.

Closing Price
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-0.02 (-0.79%)
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FACEBOOK ALERT: Bragar Eagel & Squire, P.C. is Investigating Facebook, Inc. on Behalf of Facebook Stockholders and Encourages Investors to Contact the Firm

11:48 am ET October 12, 2021 (BusinessWire) Print

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Facebook, Inc. ("Facebook" or the "Company") (NASDAQ: FB) on behalf of Joint stockholders. Our investigation concerns whether Facebook has violated the federal securities laws and/or engaged in other unlawful business practices.

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Between September 13, 2021 and October 3, 2021, The Wall Street Journal released a series of nine articles alleging that Facebook had been misleading investors regarding its business operations. The allegations were based on internal documents provided by a whistleblower. On October 4, 2021, CBS's segment 60 Minutes spoke with the whistleblower and published the whistleblower's SEC whistleblower complaints. On October 5, 2021, the whistleblower testified before Congress concerning Facebook's misleading statements and omissions of material fact.

Among the numerous allegations, the internal documents show that: (1) Facebook misled investors regarding how its "Cross Check" or "XCheck" system actually functioned, which in reality gave preferential treatment to Facebook's 'VIP' users; (2) despite its outward facing policy of disallowing users under the age of 13, Facebook was internally researching pre-teen users and their engagement with certain Facebook services, and how to turn those users into long-term users; (3) despite Facebook's stated policy of making its services as safe as possible, Facebook lagged in its response to drug cartels and human traffickers using its services; (4) Facebook misrepresented its negative impact on teens' mental health, particularly in teen girls; (5) Facebook misled investors and advertisers by inflating its shrinking user base; and (6) Facebook misrepresented its role in fomenting ethnic violence and division.

Between September 13, 2021 and October 5, 2021, Facebook share prices dropped by $48.72, or over 12%, to close on October 5, 2021 at $332.96.

If you purchased or otherwise acquired Facebook shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra Raymond by email at, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

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SOURCE: Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
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