NASDAQ: PLTK

Playtika Holding Corp.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Playtika Holding Corp. (NASDAQ: PLTK): (1) pursuant and/or traceable to the Company’s initial public offering conducted on or about January 15, 2021 (the “IPO” or “Offering”); and/or (2) between January 15, 2021 and November 2, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 24, 2022.

If you purchased Playtika securities and would like to join the action, please click “Join This Class Action.”

Class Period:January 15, 2021 through November 2, 2021
If you purchased Playtika securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • the Company’s year-over-year total costs and costs related to sales & marketing and research & development were on track to rise significantly by the third quarter of 2021;
  • the success of the Company’s game portfolio was less sustainable than the Company had represented;
  • the foregoing issues were likely to negatively impact the Company’s revenue and earnings; and
  • as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Playtika Holding Corp.
Stock Symbol: PLTK
Class Period: January 15, 2021 through November 2, 2021
Court: United States District Court for the Eastern District of New York

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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