GOOG FINAL DEADLINE ALERT

ROSEN LAW FIRM Urges Alphabet Inc. Investors to Secure Counsel Before Important Deadline

New York, May 11, 2023 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, is reminding purchasers of securities of Alphabet Inc. (NASDAQ: GOOG, GOOGL), the parent company of Google, between February 4, 2020 and January 23, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline in the securities class action.

The lawsuit alleges that Alphabet Inc. made materially false and/or misleading statements and failed to disclose in its 10-K and 10-Q filings with the Securities and Exchange Commission that: (1) Google continued to provide a platform for websites that sold counterfeit and pirated goods, which increased the risk of regulatory scrutiny; (2) Google’s platform contributed significantly to misleading news reports that elevated certain stock prices; and (3) as a result, Alphabet’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Impact on Individuals

If you are an investor who purchased Alphabet Inc. securities between February 4, 2020 and January 23, 2023 and experienced losses exceeding $100,000, it is crucial that you take action to protect your rights. Consult with legal counsel before the May 15, 2023 deadline to potentially participate in the class action lawsuit and secure the best possible outcome for your investment.

Global Impact

The outcome of this securities class action against Alphabet Inc. could have a ripple effect on the tech industry and how companies handle counterfeit goods and misinformation on their platforms. It may set a precedent for increased regulatory scrutiny, leading to greater accountability and transparency in the digital realm.

Conclusion

As the May 15, 2023 deadline approaches for Alphabet Inc. investors, it is essential to secure legal counsel to navigate the complexities of the securities class action lawsuit. By understanding your rights and options, you can protect your investment and potentially contribute to shaping a more trustworthy and reliable digital landscape.