Fastly, Inc. (NYSE: FSLY)

This lawsuit is for anyone who acquired securities in Fastly, Inc. (NYSE: FSLY) from February 15, 2024 through May 1, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that the Company was experiencing material contract repricing in its top customers.

On May 1, 2024, Fastly disclosed that it was experiencing material contract repricing in its top customers. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Fastly, Inc. (NYSE: FSLY) from February 15, 2024 through May 1, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.