Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Alphabet Inc. (NASDAQ: GOOG, GOOGL) resulting from allegations that Alphabet may have issued materially misleading business information to the investing public.
On October 8, 2018, The Wall Street Journal published an article entitled, “Google Exposed User Data, Feared Repercussions of Disclosing to Public,” stating that “Google exposed the private data of hundreds of thousands of users of the Google+ social network and then opted not to disclose the issue this past spring, in part because of fears that doing so would draw regulatory scrutiny and cause reputational damage[.]” The article further states that Google subsequently “announced a sweeping set of data privacy measures that include permanently shutting down all consumer functionality of Google+.” On this news, shares of Alphabet stock fell sharply during intraday trading on October 8, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Alphabet investors. If you purchased shares of Alphabet please visit the firm’s website at https://www.rosenlegal.com/cases-1428.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Toll Free: 866-767-3653