RDDT Shareholders Encouraged to Join Class Action Against Reddit for Securities Violations
RDDT Shareholders: Your Opportunity to Take Action
Investors holding shares of Reddit, Inc. (ticker: RDDT) during the class period from October 29, 2024, to May 20, 2025, are being urged to consider involvement in an ongoing class action lawsuit against the company. This lawsuit claims that Reddit made deceptive and misleading statements about its business performance and market position, particularly in connection to alterations made to Google’s search algorithm and features associated with AI.
Case Background
The allegations stem from significant discrepancies between Reddit's traffic reports and operational insights that were being publicly shared. Specifically, the lawsuit asserts that Reddit failed to communicate the negative impact that recent changes to Google's search features had on its user engagement metrics. These features, which led many users to search for
Topics Financial Services & Investing）
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