The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Affirm Holdings, Inc. (NASDAQ: AFRM) securities between February 12, 2021 and December 15, 2021.
According to the Affirm lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose 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; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Affirm you have until February 6, 2023 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.
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