Recent Security Class Actions

Fastly Inc. Class A Common Stock (NYSE: FSLY)

38 Days left to seek lead plaintiff status.

Company Name:Fastly Inc. Class A Common Stock
Stock Symbol:NYSE: FSLY
Class Period Start:02/15/2024
Class Period End (inclusive):05/01/2024
Filing Deadline:07/23/2024

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) contrary to its representations to investors, Fastly was in fact experiencing a significant deceleration in growth among its largest customers and was losing the increased market share it had gained as a result of the 2023 CDN consolidation trend; (ii) the foregoing issues were likely to have a material negative impact on the Company's revenue growth; (iii) accordingly, the Company was unlikely to meet its own previously issued revenue guidance for FY 2024; (iv) as a result, the Company's financial position and/or prospects were overstated; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Fastly Inc. Class A Common Stock (NYSE: FSLY) Claim Form

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