Portnoy Law Firm Announces Class Action On Behalf Of Taboola Ltd. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Taboola.com was seeing an increase in low-quality publishers; (2) as a result, Taboola.com would need to take an aggressive approach to exiting these low-quality publisher relationships, impacting earnings; (3) as a result, the value of Taboola.com's publisher relationships was overstated; and (4) as a result of the foregoing, defendants' positive statements about Taboola.com's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883
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