Pinterest Faces Securities Class Action as Lawyers Urge May 29 Lead‑Plaintiff Bids

Overview

• Uziel v. Pinterest, Inc. is filed in the Northern District of California, and investors have until May 29, 2026 to ask the court to serve as lead plaintiff.
• The suit covers buyers of PINS from February 7, 2025 to February 12, 2026 and alleges Pinterest hid shrinking ad revenue risks, overstated its ability to blunt tariff effects on big retail advertisers, and was heading toward a restructuring.
• Faruqi & Faruqi, Kessler Topaz Meltzer & Check, and the Rosen Law Firm are inviting shareholders to contact them for potential representation on a contingency basis.
• No class has been certified, so the claims are unproven and investors are not represented in the case unless they retain a lawyer.
• The complaint links losses to three disclosures: weaker Q4 guidance in November 2025 that drove a roughly 22% drop, a January 27, 2026 restructuring with $35–$45 million in expected charges and about a 10% slide, and February 12, 2026 results and guidance citing tariff shocks followed by a 16.8% fall.