NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Twitter, Inc. (“Twitter” or the “Company”) TWTR and certain of its officers on behalf of all individuals and entities that purchased or otherwise acquired Twitter Securities between August 3, 2020 and August 23, 2022, both dates inclusive (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/twtr.

This class action seeks damages against the defendants for alleged violations of federal securities laws.

The Complaint alleges that 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. Specifically, the complaint alleges that: (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 class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/twtr or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss on Twitter, you have until November 14, 2022 to request that the court appoint you lead plaintiff. Your ability to…