Law Firms Seek Lead Plaintiff in Pinterest Securities Suit Before May 29 Deadline

Overview

• Two plaintiff firms, including one notice posted Wednesday and another Thursday, urged Pinterest shareholders with losses to move for lead-plaintiff status by May 29, 2026.
• Notices describe a class period from February 7, 2025 to February 12, 2026 and invite investors who bought shares in that window to contact the firms.
• The complaint claims Pinterest failed to reveal slowing revenue from advertising partners and overstated its ability to handle U.S. tariff pressures on its business.
• Plaintiffs link the case to Pinterest’s February 12, 2026 guidance cut, which they say followed tariff headwinds and preceded a sharp one-day drop in the stock.
• The suit, filed in the Northern District of California, has not been certified as a class action and the allegations remain unproven, while the lead plaintiff would help choose counsel and guide the case.