32 days left to seek lead plaintiff status
Case Summary
Company Name ContextLogic Inc.
Stock Symbol WISH
Class Period December 16, 2020 to May 12, 2021
Motion Deadline July 16, 2021

The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of ContextLogic Inc. (NASDAQ: WISH). The case is currently in the lead plaintiff stage. Investors who purchased WISH stock or other securities between December 16, 2020 and May 12, 2021 or investors who purchased ContextLogic common stock pursuant or traceable to ContextLogic’s initial public offering may contact the Thornton Law Firm’s investor protection team by submitting their information above. Investors may also email investors@tenlaw.com or call 617-531-3917.

The case alleges that ContextLogic and its senior executives made misleading statements to investors about the strength of ContextLogic’s business operations and financial prospects by overstating its then-present monthly active users and monthly active user growth trends.

Interested ContextLogic investors have until July 16, 2021 to retain counsel and apply to be a lead plaintiff if they are interested to do so. A lead plaintiff acts on behalf of all other investor class members in managing the class action. Investors do not need to be a lead plaintiff in order to be a class member. If investors choose to take no action, they can remain an absent class member. The class has not yet been certified. Until certification occurs, investors are not represented by an attorney. Thornton Law Firm is not currently representing a plaintiff who filed a complaint but is investigating the case on behalf of investors interested in being a lead plaintiff.

Thornton Law Firm’s securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

A class action lawsuit has been filed on behalf of investors in ContextLogic Inc. (WISH) securities.

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    Please note that, should you wish to submit personal data protected under European data protection law (other than for purposes of responding to your inquiry and/or determining class eligibility), you should contact us prior to submitting such data.

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