FSLY Investors Have the Opportunity to File a Securities Fraud Lawsuit Against Fastly Inc

NEW YORK, June 29, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder has filed a class action lawsuit on behalf of all purchasers of Fastly, Inc. securities. (NYSE: FSLY) in between February 15, 2024 AND May 1, 2024. Shareholders who wish to serve as lead plaintiff on the class must file a motion with the court by July 23, 2024.

To join the Fastly class action lawsuit, go to Phillip Kim, Esq. toll free 866-767-3653 or email (email protected).

Rosen Law Firm is investigating allegations that Fastly, Inc. (NYSE: FSLY) misled investors about its business activities.

According to the lawsuit, defendants throughout the class period made false and/or misleading statements and/or failed to disclose that: (1) contrary to representations to investors, Fastly was in fact experiencing a significant slowdown in growth among its largest consumers and was losing increased market share market gained by the Content Delivery Network (“CDN”) consolidation trend in 2023; (2) the above issues likely had a material adverse impact on Fastly’s revenue growth; (3) as a result, Fastly is unlikely to meet its own previously issued fiscal year 2024 revenue guidance; (4) as a result, Fastly’s financial condition and/or prospects have been exaggerated; and (5) as a result, Fastly’s public statements were materially false and misleading at all relevant times. When the true details emerged in the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in a class action lawsuit against Fastly, Inc. The deadline to file a motion to be appointed lead plaintiff is now July 23, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for compensation. If you choose not to take any action, you may remain an absent class member. For more information, go to

All representation is on a commission basis. Shareholders pay no fees or expenses.

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Contact info:

Laurence Rosen, attorney at law
Phillip Kim, Attorney at Law
Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
(email protected)
www.rosenlegal.com

SOURCE ROSEN LAW OFFICE, PA