New York, New York--(Newsfile Corp. - January 19, 2022) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Playtika Holding Corp. (NASDAQ: PLTK) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired: (a) Playtika securities pursuant and/or traceable to the Company's initial public offering conducted on or about January 15, 2021 or (b) Playtika securities between January 15, 2021 and November 2, 2021, both dates inclusive.
Lead Plaintiff Deadline: January 24, 2022
No obligation or cost to you.
Learn more about your recoverable losses in PLTK:
https://www.kleinstocklaw.com/pslra-1/playtika-holding-corp-loss-submission-form?id=22267&from=5
Playtika Holding Corp. NEWS - PLTK NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Playtika Holding Corp. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's year-over-year total costs and costs related to sales & marketing and research & development were on track to rise significantly by the third quarter of 2021; (ii) the success of the Company's game portfolio was less sustainable than the Company had represented; (iii) the foregoing issues were likely to negatively impact the Company's revenue and earnings; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Playtika you have until January 24, 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 Playtika securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the PLTK lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.
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.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110829
