WISH ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 16, 2021 in the Class Action Filed on Behalf of Contextlogic Inc. Limited Shareholders

May 21, 2021 4:22 PM EDT | Source: Klein Law Firm

New York, New York--(Newsfile Corp. - May 21, 2021) -  The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Contextlogic Inc. (NASDAQ: WISH) alleging that the Company violated federal securities laws.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7092/84878_626619_logo.jpg

pursuant or traceable to the registration statement and prospectus issued in connection with ContextLogic's December 16, 2020 initial public stock offering or between December 16, 2020 and May 12, 2021
Lead Plaintiff Deadline: July 16, 2021

Learn more about your recoverable losses in WISH:
https://www.kleinstocklaw.com/pslra-1/contextlogic-inc-loss-submission-form?id=16060&from=5

In the registration statement and prospectus used to conduct the initial public offering and throughout the class period, defendants made materially false and misleading statements about the strength of ContextLogic's business operations and financial prospects by overstating its then-present monthly active users ("MAUs") and MAU growth trends.

Shareholders have until July 16, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

For additional information about the WISH lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/84878

info