NEW YORK, Oct. 10, 2016 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Twitter, Inc. (“Twitter”) (NYSE:TWTR) between February 6, 2015 and July 28, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. To get more information go to:
http://www.zlk.com/pslra/twitter-inc
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period defendants concealed adverse facts they knew or deliberately disregarded, including: (a) that by early 2015, daily active users (“DAUs”) had replaced the timeline views metric as the primary user engagement metric tracked internally by Twitter management; (b) that the trend in user engagement growth was flat or declining; (c) that new product initiatives were not having a meaningful impact on Monthly Active Users (“MAUs”) or user engagement; (d) that Twitter’s stated “acceleration [in MAU growth]” was the result of low-quality MAU growth, and (e) that defendants lacked a basis for their previously issued projections of approximately 20% MAU growth and 550 million MAUs in the immediate term. As a result of defendants’ false statements and/or omissions, Twitter stock traded at artificially inflated prices during the Class Period, reaching a high of $52.87 per share.
If you suffered a loss in Twitter you have until November 15, 2016 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.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com


Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58%
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 



