Reddit Shareholders File Class Action Lawsuit Over Misleading Statements
ByAinvest
Wednesday, Jul 9, 2025 9:43 am ET1min read
GOOGL--
RDDT--
Reddit, Inc. (NYSE: RDDT) shareholders who purchased securities between Oct. 29, 2024, and May 20, 2025, are encouraged to contact DJS Law Group before Aug. 18, 2025, to discuss their rights in a class action lawsuit alleging violations of federal securities laws. The complaint alleges the company made false and misleading statements about the impact of Google's search algorithm changes on its traffic.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet