{"id":12775,"date":"2026-05-28T21:45:00","date_gmt":"2026-05-28T19:45:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=d460e620488d4966c1a1ede1996d3563"},"modified":"2026-05-28T21:45:00","modified_gmt":"2026-05-28T19:45:00","slug":"deadline-soon-pinterest-inc-pins-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz-about-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=12775","title":{"rendered":"Deadline Soon: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> reminds investors of the upcoming May 29, 2026 <\/b>deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Pinterest, Inc. (\u201cPinterest\u201d or the \u201cCompany\u201d) (NYSE: PINS<\/a>) securities between February 7, 2025 and February 12, 2026<\/b>, inclusive (the \u201cClass Period\u201d).<\/p><\/a><\/a>

\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON PINTEREST, INC. (PINS), CLICK <\/b>HERE<\/b><\/a> TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.<\/b><\/p>

\nWhat Happened?<\/b><\/p>

\nOn November 4, 2025, Pinterest released its third quarter 2025 financial results and announced its fourth quarter revenue guidance with a midpoint of $1.325 billion, below consensus expectations of $1.34 billion, stating that the Company \u201cface[d] pockets of moderating ad spend . . . as larger U.S. retailers navigate tariff-related margin pressure in the current environment\u201d.<\/p>

\nOn this news, Pinterest\u2019s stock price fell $7.16, or 21.8%, to close at $25.75 per share on November 5, 2025, thereby injuring investors.<\/p>

\nThen, on January 27, 2026, Pinterest announced a \u201cglobal restructuring plan\u201d that involved a \u201creduction in force . . . expected to affect less than 15% of the Company\u2019s workforce as well as office space reductions.\u201d The Company also stated that it \u201canticipate[d] incurring total pre-tax restructuring charges of approximately $35 million to $45 million, which are expected to be primarily cash-related expenditures\u201d and \u201cis taking these actions to support its transformation initiatives, including but not limited to (i) reallocating resources to AI-focused roles and teams that drive AI adoption and execution, (ii) prioritizing AI-powered products and capabilities, and (iii) accelerating the transformation of its sales and go-to-market approach.\u201d<\/p>

\nOn this news, Pinterest\u2019s stock price fell $2.49, or 9.6%, to close at $23.41 per share on January 27, 2026.<\/p>

\nThen, on February 12, 2026, Pinterest released its fourth quarter 2025 financial results, revealing quarterly revenue of $1.32 billion, below the consensus estimate of $1.33 billion, and provided Q1 2026 revenue guidance of $951 million to $971 million, below the consensus estimate of $980.6 million. The Company cited \u201can exogenous shock . . .related to tariffs,\u201d and stated that it \u201cexpect[s] these [tariff] headwinds will continue and may become slightly more pronounced in Q1\u201d.<\/p>

\nOn this news, Pinterest\u2019s stock price fell $3.12, or 16.8%, to close at $15.42 per share on February 13, 2026, thereby injuring investors further.<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Pinterest was experiencing and\/or was likely to experience reduced revenues from its advertising partners; (2) Pinterest overstated its ability to manage the impact of U.S. tariffs on the macroeconomic environment in which the Company operated, including the foreseeable impact on its advertising partners; (3) the impact of the foregoing on Pinterest\u2019s advertising revenues was significant enough that Pinterest was facing and\/or likely to face an imminent restructuring; and (4) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

\nIf you purchased or otherwise acquired Pinterest securities between February 7, 2025 and February 12, 2026, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is May 29, 2026.<\/b><\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:<\/p>

\nFrank R. Cruz\nThe Law Offices of Frank R. Cruz,\n2121 Avenue of the Stars, Suite 800,\nCentury City, California 90067\nEmail us at: info@frankcruzlaw.com<\/a>Call us at: 310-914-5007\nVisit our website at www.frankcruzlaw.com<\/a>Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a><\/p>

\nIf you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

\nTo be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nContact Us:<\/b>The Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz, 310-914-5007\nfcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming May 29, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Pinterest, …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12775","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12775"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12775\/revisions"}],"predecessor-version":[{"id":12776,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12775\/revisions\/12776"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}