ATLANTA, July 17, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Fastly, Inc. ("Fastly" or the "Company") (NYSE:FSLY). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company's business, operations, and prospects, including allegations that: (i) contrary to its representations to investors, Fastly was in fact experiencing a significant deceleration in growth among its largest customers and was losing the increased market share it had gained as a result of the 2023 CDN consolidation trend; (ii) the foregoing issues were likely to have ...
FSLY) Class Action – Investors With Significant Losses Encouraged to Contact the Firm>Full story available on Benzinga.com