Kirby McInerney LLP Announces an Investigation of Shareholder Claims on Behalf of Unity Software Inc. (U) Investors
Unity Software Inc. (U)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Unity Software Inc. (“Unity” or the “Company”) (NYSE: U). The investigation concerns whether Unity has violated the federal securities laws and/or engaged in other unlawful business practices.Unity is a video game software development company.On May 10, 2022, after the market closed, Unity announced its first quarter 2022 financial results. The Company also reduced its fiscal 2022 guidance “due to challenges with monetization products.” Specifically, “a fault in [Unity’s] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post the IDFA changes.” On this news, the price of Unity stock declined by $17.83 per share, or approximately 37%, from $48.13 per share to close at $30.30 per share on May 11, 2022.If you purchased or otherwise acquired Unity securities, have
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News
- Unity Software Inc. (U) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Here's Why Unity Software Inc. (U) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- As Player Demand Increases for Multiplayer Experiences, Unity Announces Enhanced Support in Unity 6Business Wire
- Unity Announces First Quarter 2024 Financial Results WebcastBusiness Wire
- Here's Why Unity Software Inc. (U) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
U
Earnings
- 2/26/24 - Miss
U
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- U's page on the SEC website