Affirm Holdings, Inc. Class Action: Levi & Korsinsky Reminds Affirm Holdings, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 29, 2022 - AFRM

New York, New York--(Newsfile Corp. - March 30, 2022) - Levi & Korsinsky, LLP notifies investors in Affirm Holdings, Inc. ("Affirm Holdings, Inc." or the "Company") (NASDAQ: AFRM) of a class action securities lawsuit.

The lawsuit on behalf of Affirm Holdings, Inc. investors has been commenced in the the United States District Court for the Northern District of California. Affected investors purchased or otherwise acquired certain Affirm Holdings, Inc. securities This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/affirm-holdings-inc-loss-submission-form?prid=25373&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

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Affirm Holdings, Inc. NEWS - AFRM NEWS

CASE DETAILS: According to the filed complaint, on February 10, 2022 at approximately 1:15 p.m., Affirm issued a Tweet from its official account in which the Company disclosed certain metrics from its second quarter 2022 financial results. The Tweet, which was published prior to the Company's planned release of its financial results, portrayed a highly successful quarter, which included an increase in revenue of 77%. This caused Affirm's share price to spike nearly 10% in intra-day trading. The Tweet was materially misleading, in that it omitted to disclose the full details of Affirm's second quarter financial results. Affirm deleted the Tweet and released its full second quarter financial results ahead of schedule. The full financial results were lackluster - with the Company posting a loss of $0.57 per share, compared with analyst expectations of $0.37 per share.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Affirm Holdings, Inc. during the relevant timeframe, you have until April 29, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/affirm-holdings-inc-loss-submission-form?prid=25373&wire=5 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118723