CLASS ACTION UPDATE for Z, LSPD and SNAP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
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CLASS ACTION UPDATE for Z, LSPD and SNAP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Wednesday, November 17, 2021 2:55 PM
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Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / November 17, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

Z Shareholders Click Here: https://www.zlk.com/pslra-1/zillow-group-inc-information-request-form?prid=21319&wire=1
LSPD Shareholders Click Here: https://www.zlk.com/pslra-1/lightspeed-commerce-inc-loss-submission-form?prid=21319&wire=1
SNAP Shareholders Click Here: https://www.zlk.com/pslra-1/snap-inc-loss-submission-form?prid=21319&wire=1

* ADDITIONAL INFORMATION BELOW *

Zillow Group, Inc. (NASDAQ:Z)

Z Lawsuit on behalf of: investors who purchased February 10, 2021 - November 2, 2021
Lead Plaintiff Deadline : January 18, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/zillow-group-inc-information-request-form?prid=21319&wire=1

According to the filed complaint, during the class period, Zillow Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) despite operational improvements, the Company experienced significant unpredictability in forecasting home prices for its Zillow Offers business; (2) such unpredictability, as well as labor and supply shortages, led to a backlog of inventory; (3) as a result of the foregoing, the Company was reasonably likely to wind-down its Zillow Offers business, which would have a material adverse impact on its financial results; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Lightspeed Commerce Inc. (NYSE:LSPD)

LSPD Lawsuit on behalf of: investors who purchased September 11, 2020 - September 28, 2021
Lead Plaintiff Deadline : January 18, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/lightspeed-commerce-inc-loss-submission-form?prid=21319&wire=1

According to the filed complaint, during the class period, Lightspeed Commerce Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Lightspeed had misrepresented the strength of its business by, inter alia, overstating its customer count, gross transaction volume, and increase in Average Revenue Per User, while concealing the Company's declining organic growth and business deterioration; (ii) Lightspeed had overstated the benefits and value of the Company's various acquisitions; (iii) accordingly, the Company had overstated its financial position and prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Snap Inc. (NYSE:SNAP)

SNAP Lawsuit on behalf of: investors who purchased July 22, 2020 - October 21, 2021
Lead Plaintiff Deadline : January 10, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/snap-inc-loss-submission-form?prid=21319&wire=1

According to the filed complaint, during the class period, Snap Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Apple's privacy changes would have, and were having, a material impact on the Company's advertising business; (2) Snap overstated its ability to transition its advertising with Apple's privacy changes; (3) Snap knew of, but downplayed, the risks of the impact that Apple's privacy changes had on the Company's advertising business; (4) Snap overstated its commitment to privacy; and (5) as a result of the foregoing, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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