Meta Platforms, Inc. (META)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Meta Platforms, Inc. (“Meta” or “the Company”) (NASDAQ: META). Investors who purchased Meta securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Meta has violated federal securities laws.
Investigation Details
On May 15, 2025, the Wall Street Journal published an article entitled “Meta Is Delaying the Rollout of Its Flagship AI Model.” Citing “people familiar with the matter”, the article reported, in relevant part, that “[c]ompany engineers are struggling to significantly improve the capabilities of its “Behemoth” large-language model, leading to staff questions about whether the improvements over prior versions are significant enough to justify public release[.]” The article further reported that while originally “Behemoth was internally slated for an April release”, Meta subsequently “pushed an internal target for . . . Behemoth’s release to June” before “delay[ing] . . . to fall or later.” On this news, Meta’s stock price fell $19.02 per share, or 2.88%, over the following two trading sessions, to close at $640.34 per share on May 16, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Meta securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]