AFRM LAWSUIT ALERT: Levi & Korsinsky Notifies Affirm Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

April 27, 2022 5:24 PM EDT | Source: Levi & Korsinsky, LLP

New York, New York--(Newsfile Corp. - April 27, 2022) - Levi & Korsinsky, LLP notifies investors in Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM) of a class action securities lawsuit.

The lawsuit on behalf of Affirm 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 between February 12, 2021 and February 10, 2022. 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=26443&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: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Affirm 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=26443&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/121924

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