1. Fastly's executives are being investigated for potential fiduciary breaches. 2. Insider allegations include misrepresentation of growth and market share losses. 3. Growth deceleration could significantly affect revenue and FY 2024 guidance. 4. Public statements about financial health were allegedly false and misleading. 5. Shareholders are encouraged to participate in the investigation.
The allegations against Fastly's executives could erode investor confidence. Similar cases have historically led to declining stock prices.
The investigation suggests serious internal issues at Fastly that may undermine future performance.
Negative sentiment from the lawsuit could impact stock price almost immediately. Historical examples, like Theranos, show quick stock declines following similar investigations.
NEW YORK, Sept. 26, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Fastly, Inc. (NYSE: FSLY) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, Insiders at Fastly caused the company to misrepresent or fail to disclose 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 a material negative impact on the Company's revenue growth; (iii) accordingly, the Company was unlikely to meet its own previously issued revenue guidance for FY 2024; (iv) as a result, the Company's financial position and/or prospects were overstated; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
If you currently own FSLY and purchased prior to February 15, 2024 please contact Justin Kuehn, Esq. here, by email at justin@kuehn.law or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™
For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
justin@kuehn.law
(833) 672-0814
View original content to download multimedia:https://www.prnewswire.com/news-releases/kuehn-law-encourages-investors-of-fastly-inc-to-contact-law-firm-302568298.html
SOURCE Kuehn Law, PLLC