YORK, Dec. 16, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Affirm Holdings, Inc.
To receive updates on the lawsuit, fill out the
The lawsuit seeks to recover losses for shareholders who
purchased Affirm between February 12,
2021 and December 15, 2021.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
February 6, 2023 to petition
the court. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff.
According to a filed complaint, Affirm Holdings, Inc. issued
materially false and/or misleading statements and/or failed to
disclose that: (i) Affirm's "buy-now, pay-later" 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.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
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SOURCE Jakubowitz Law