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The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Playtika Holding Corp. violations of the federal securities laws.
Investors who purchased the Company’s shares pursuant and/or traceable to the Company’s initial public offering conducted on January 15, 2021 (the “IPO”), or between January 15, 2021 and November 2, 2021, inclusive (the “Class Period”), are encouraged to contact the firm before January 24, 2022.
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 brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Playtika’s year-over-year R&D and sales & marketing costs were on track to increase materially by the third quarter of 2021. The Company’s game portfolio did not have the sustainability that it portrayed to investors. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Playtika, investors suffered damages.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
