Recent Security Class Actions

Affirm Holdings Inc. Class A Common Stock (NASDAQ: AFRM)

Company Name:Affirm Holdings Inc. Class A Common Stock
Stock Symbol:NASDAQ: AFRM
Class Period Start:11/16/2021
Class Period End (inclusive):02/08/2023
Filing Deadline:02/06/2023

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Affirm’s BNPL service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.