Law Firms Urge Pinterest Investors To Seek Lead Role in Securities Suit Before May 29

Overview

• Robbins LLP and Kessler Topaz, which issued new notices Thursday, urged Pinterest investors to seek lead-plaintiff status before the May 29 deadline.
• The securities class action was filed in the Northern District of California as Uziel v. Pinterest, Inc., Case No. 3:26-cv-02745.
• The complaint claims the company hid weakening ad sales and overstated its ability to handle U.S. tariffs.
• Executives later said the business faced an “exogenous shock” from tariffs after reporting $1.32 billion in Q4 2025 revenue and a Q1 2026 outlook below estimates.
• Pinterest shares fell $3.12, or 16.8%, to close at $15.42 on February 13, 2026 after those disclosures.