META Investors Have Opportunity to Join Meta Platforms, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Meta Platforms, Inc. ('Meta' or 'the Company') (NASDAQ: META) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Meta is the subject of an article published by the Wall Street Journal on May 15, 2025, titled: "Meta Is Delaying the Rollout of Its Flagship AI Model." The article claims that "Company engineers are struggling to significantly improve the capabilities of its "Behemoth" large-language model, leading to staff questions about whether the improvements over prior versions are significant enough to justify public release." The article adds, "Behemoth was internally slated for an April release," but the Company "pushed an internal target for . . . Behemoth's release to June" before delaying it until later in the year. Based on this news, shares of Meta fell by nearly 2.9% in the following two trading sessions.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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