SAN DIEGO, Sept. 13, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces that a class action lawsuit has been filed on behalf of investors by Twitter, Inc. TWTR. The Class Action is being brought on behalf of shareholders who purchased or otherwise acquired Twitter securities between August 3, 2020 and August 23, 2022, both dates inclusive (the “Class Period”). Investors are hereby notified that they have until November 14, 2022 to request the court to appear as lead plaintiff in this lawsuit.

What actions can I take at this time? If you have suffered a loss and would like to learn more about whether you are a Lead Plaintiff, please contact Jim Baker ([email protected]) via email or phone at 619-814-4471. When emailing, please include your phone number.

To participate in this promotion you can click on the following link or copy and paste it into a browser:

https://www.johnsonfistel.com/investigations/twitter-twtr-class-action-security

There are no costs or obligations for you.

According to the Complaint, the Defendants made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business and prospects during the Class Period. In particular, (1) Twitter was aware of security concerns on their platform; (2) Twitter has actively worked to hide security concerns from its board of directors, the investing public, and regulators; (3) contrary to what SEC filings state, Twitter has taken no steps to improve security; (4) Twitter’s active refusal to address security issues increased the risk of loss of public goodwill; and (5) as a result, defendants’ statements about Twitter’s business, operations, and prospects were materially false and misleading and/or lacked any reasonable basis at all relevant times. As the true details emerged, the lawsuit alleges that investors suffered damage.

A lead plaintiff will act on behalf of all other group members in directing the Twitter class action. The lead plaintiff can choose a law firm…