INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Affirm Holdings, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES–(BUSINESS WIRE)–$AFRM #AFRM—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Affirm Holdings, Inc. (“Affirm” or “the Company”) (NASDAQ: AFRM) 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. Affirm is the subject of an inquiry by the Consumer Financial Protection Bureau (the “CFPB”) focusing on the Company’s “buy-now, pay-later” (“BNPL”) service. The CFPB has expressed concerns about “accumulating debt, regulatory arbitrage, and data harvesting” associated with BNPL products. Based on this news, shares of Affirm dropped by 10.6%.
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 firstname.lastname@example.org.
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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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