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URL: https://www.classactionlawyertn.com/affirm-holdings.html
Submission: On March 08 via manual from NL — Scanned from ES

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AFFIRM HOLDINGS CLASS ACTION LAWSUIT


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If you purchased Affirm shares after the Affirm Tweet, call an Affirm Lawyer
about an Affirm Class Action Lawsuit
Company Name:     Affirm Holdings, Inc.
Stock Symbol:         AFRM
Class Period:           February 10, 2022 to February 10, 2022
Motion Deadline:    April 29, 2022
Court:                       Northern District of California


INVESTOR WHO SUFFERED LOSSES IN AFFIRM STOCK FILES AFFIRM CLASS ACTION LAWSUIT


Call an Affirm Lawyer today about an Affirm Class Action Lawsuit if you suffered
losses in Affirm stock
Brought by an investor who suffered losses in Affirm stock, the Affirm class
action lawsuit seeks to represent purchasers of Affirm Holdings, Inc. (NASDAQ:
AFRM) securities on February 10, 2022 after Affirm sent a tweet concerning its
second quarter 2022 financial results at approximately 1:15 p.m. EST (the “Class
Period”) and charges Affirm and its top executive officer with violations of the
Securities Exchange Act of 1934.  The Affirm class action lawsuit was commenced
on February 28, 2022 in the Northern District of California and is captioned
Toole v. Affirm Holdings, Inc., No. 22-cv-01243.

--------------------------------------------------------------------------------


THE AFFIRM TWEET


The Affirm Tweet leads to an Affirm Class Action Lawsuit. Call an Affirm Lawyer
today if you suffered losses in Affirm stock
Affirm purports to be a “next generation platform for digital and mobile-first
commerce.”  At approximately 1:15 p.m. EST on February 10, 2022, Affirm issued a
tweet from its official account in which Affirm disclosed certain metrics from
its second quarter 2022 financial results.  The Affirm tweet, which was
published prior to Affirm’s planned release of its financial results, portrayed
a highly successful quarter, which included an increase in revenue of 77%. 

As the Affirm class action lawsuit alleges, the Affirm tweet caused Affirm’s
share price to spike nearly 10% in intra-day trading.  The Affirm class action
lawsuit further alleges that the afirm tweet was materially misleading, in that
it omitted to disclose the full details of Affirm’s second quarter financial
results.

Affirm deleted the tweet and released its full second quarter financial results
ahead of schedule.  The full financial results were lackluster – with Affirm
posting a loss of $0.57 per share, compared with analyst expectations of $0.37
per share.  On news of the deleted tweet and subsequent release of the full
earnings, Affirm’s share price fell $24.89 per share from an intra-day high of
$83.57 per share to close at $58.68 per share on February 10, 2022, or
approximately 32%, damaging investors as they suffered a losses in Affirm stock.

--------------------------------------------------------------------------------


THE LEAD PLAINTIFF PROCESS


The Private Securities Litigation Reform Act of 1995 permits any investor who
purchased Affirm securities during the Class Period to seek appointment as lead
plaintiff in the Affirm class action lawsuit.  A lead plaintiff is generally the
movant with the greatest financial interest in the relief sought by the putative
class who is also typical and adequate of the putative class.  A lead plaintiff
acts on behalf of all other class members in directing the class action
lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the
class action lawsuit.  An investor’s ability to share in any potential future
recovery of the class action lawsuit is not dependent upon serving as lead
plaintiff.


CONTACT AN AFFIRM LAWYER ABOUT AN AFFIRM CLASS ACTION LAWSUIT


We have extensive experience in securities fraud class and other class actions. 
If you suffered losses in Affirm stock, fill out our case-evaluation form right
away and see what an Affirm Lawyer can do for you and if you have a case for
compensation.

--------------------------------------------------------------------------------


CONTACT US TODAY FOR A FREE AFFIRM CLASS ACTION LAWSUIT CASE EVALUATION
* Indicates required field
Name *

First
Last


Phone Number *




Email *




Comment *

Please include company name or ticker symbol and shares purchased and sold
during the class period


Submit



A NATIONAL AWARD WINNING
TENNESSEE CLASS ACTION LAW FIRM
TIM MILES LAW OFFICE | CLASS ACTIONS | MASS TORTS


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CONTACT INFORMATION

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 (c) Timmileslaw.com | All Right Reserved 
Tim miles Law Office | Class Actions | Mass Torts

Please include company name or ticker symbol and shares purchased and sold
during the class period
 * AWARDS, HONORS & ACCOLADES

 * DISABILITY CLASS ACTION
 * DATA PRIVACY
 * WAUPACA
 * APPLE WATCH
 * First American Data Breach
 * ZOOM FACEBOOK SHARING
 * DraftKings And FanDuel Lawsuits
 * Capital One Class Action Lawsuit I Free Case Evaluation
 * ParaGard IUD
 * Ethicon Surgical Staples
 * Wage & Hour Class Action Investigation

 * PARAQUAT
 * Toxic Infant Formula
 * TALCOM POWDER
 * SUNSCREEN RECALL
 * Poppy Seed Tea Lawsuits
 * AFFF Firefighting Foam
 * Metaverse
 * Philips CPAP Machine
 * Sleep Number
 * Similac Recall
 * T-Mobile
 * Baby Formula Recall

 * ELMIR0N
 * Belviq
 * ZANTAC
 * Xeljanz
 * Valsartan
 * Lamictal
 * Singulair

 * Marithon Digital
 * Revance Therapeutics Inc.
 * Bumble Inc.
 * SunPower
 * PayPal
 * Affirm Holdings
 * Cerence
 * Cabaletta Bio, Inc.

 * RESOURCE CENTER
 * Blog
 * Contact
 * DISCLAIMER >
    * PRIVACY NOTICE

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