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LOS ANGELES, Sep 1, 2020 (GLOBE NEWSWIRE) – Portnoy law firm advises investors that a class action lawsuit has been filed on behalf of Fastly, Inc. ("Fastly" or "The Company") (NYSE: FSLY). Investors who purchased securities between May 6, 2020 and August 5, 2020.

Investors are encouraged to contact Attorney Lesley F. Portnoy by phone at 310-692-8883 or email to determine eligibility to participate in this promotion or click here to join the case.

The complaint alleges that the defendants made misleading and / or false information and / or failed to disclose: (1) ByteDance, operator of TikTok, was Fastly's largest customer that was already exposed to serious security risks and was already under scrutiny by US -Government Officials; (2) that there is a material risk that Fastly's business will be adversely affected if the US Government takes adverse action against TikTok or ByteDance; (3) and, as a result, Defendants' positive statements about the Company's business, operations and prospects were materially misleading and / or unfounded. When the real details became known to the market, it was alleged that investors suffered damage.

Please visit our website to review more information and submit your transaction information.

Portnoy law firm represents investors in pursuing claims arising from corporate infringements. The company's founding partner has confiscated over $ 5.5 billion for aggrieved investors. Lawyer advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Approved CA and NY bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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