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The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Affirm Holdings, Inc. (“Affirm”) (NASDAQ: AFRM). The action charges Affirm with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Affirm’s materially misleading statements to the public, Affirm’s investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR AFFIRM LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/afrm-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=afrm
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LEAD PLAINTIFF DEADLINE: APRIL 29, 2022
CLASS PERIOD: FEBRUARY 12, 2021 THROUGH FEBRUARY 10, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at [email protected]
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
AFFIRM’S ALLEGED MISCONDUCT
Affirm describes itself as a “next generation platform for digital and mobile-first commerce.” Through its platform, Affirm offers “buy now, pay later” or “BNPL” services to consumers. Affirm represents itself “a more flexible and transparent alternative to credit cards.”
On February 12, 2021, Affirm issued a post-market press release announcing Affirm’s fiscal year 2021 second quarter results. The press release quoted Max Levchin, Affirm’s Chairman of the Board of Directors and Chief Executive Officer, who stated, in relevant part, that: Affirm’s “mission has been…
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