Amazon Class Action Lawsuit AMZN | September 6, 2022

listen now!

Class Action Podcast

Be in the know with the latest podcast news on securities class action with deadline dates.  If you hold shares, you will want to know when something goes wrong with your shares.

Amazon Class Action Lawsuit AMZN

Amazon Class Action Lawsuit (AMZN Lawsuit)

Levi & Korsinsky, LLP announces that a AMZN class action lawsuit (Amazon Class Action Lawsuit) has been filed on behalf of investors who purchased, Inc. (AMZN) common stock between July 30, 2021, and April 28, 2022. For more on the AMZN Lawsuit please contact us today.

According to the, Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:

1) defendants knew or recklessly disregarded that the Company’s infrastructure and fulfillment network investments substantially outpaced demand; 2) those investments were a massive, self-imposed, undue drain on Amazon’s financial condition; 3) contrary to defendants’ public statements and undisclosed to investors, defendants had already implemented cutbacks to Amazon’s fulfillment capacity by July 2021; and 4) as a result of defendants’ misrepresentations and omissions, Amazon’s common stock traded at artificially inflated prices during the class period.

If you suffered a loss in, Inc. you have until September 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.