GOOGL LAWSUIT ALERT: Levi & Korsinsky Notifies Alphabet Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, May 11, 2023

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Alphabet investors who were adversely affected by alleged securities fraud between February 4, 2020 and January 23, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/alphabet-lawsuit-submission-form?prid=39185&wire=4

GOOGL investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Alphabet used its dominance in the field of digital advertising to disadvantage website publishers and advertisers who used competing advertising products; (ii) the foregoing conduct was anticompetitive in nature and likely to draw significant regulatory scrutiny; (iii) Alphabet's revenues were unsustainable to the extent that they were the product of said anticompetitive conduct; (iv) Alphabet's conduct, once revealed, would negatively impact the Company's reputation and expose it to a heightened risk of litigation and regulatory enforcement action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT'S NEXT? If you suffered a loss in Alphabet during the relevant time frame, you have until May 15, 2023 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.