NEW YORK, April 7, 2022 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Twitter, Inc. (NYSE: TWTR) arising from allegations that Elon Musk may have failed to file and/or disseminate material information to the investing public.
SO WHAT: If you sold Twitter titles between March 14, 2022 and April 4, 2022 you may be entitled to compensation without payment of fees or out-of-pocket expenses through a contingency fee arrangement. The Rosen law firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=5134 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: At April 4, 2022, Elon Musk revealed that he had bought more than 73 million shares of Twitter, or a 9.2% stake in the company.
At this news, Twitter shares jumped April 4, 2022closing 27% above its closing price on April 3, 2022.
Investors who previously sold shares of Twitter between March 14, 2022when Elon Musk should have disclosed his stock purchases on Twitter, and before the real April 4, 2022 disclosure potentially missed the resulting share price increase as the market reacted to by Elon Musk purchases.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania