New York, New York--(Newsfile Corp. - November 18, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of First American Financial Corp. (NYSE: FAF) alleging that the Company violated federal securities laws.
Class Period: February 17, 2017 and October 22, 2020
Lead Plaintiff Deadline: December 24, 2020
Learn more about your recoverable losses in FAF:
The filed complaint alleges that First American Financial Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to implement basic security standards to protect its customers' sensitive personal information and data; (2) the Company faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.
Shareholders have until December 24, 2020 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.
For additional information about the FAF lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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