Core Viewpoint - A class action lawsuit has been filed against Pinterest, Inc. for allegedly misleading investors regarding its advertising revenue and the impact of U.S. tariffs on its business operations [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that Pinterest failed to disclose reduced revenues from advertising partners and overstated its ability to manage the impact of U.S. tariffs on its business environment [2]. - The complaint indicates that the misleading statements were significant enough that Pinterest was facing or likely to face an imminent restructuring [2]. - On February 12, 2026, Pinterest reported quarterly revenue of $1.32 billion, which was below the consensus estimate of $1.33 billion, and provided Q1 2026 revenue guidance of $951 million to $971 million, also below the consensus estimate of $980.6 million [3]. Group 2: Stock Price Reaction - Following the announcement of disappointing financial results, Pinterest's stock price fell by $3.12 per share, or 16.83%, closing at $15.42 on February 13, 2026 [3]. Group 3: Class Action Participation - Shareholders wishing to serve as lead plaintiffs in the class action must file their papers with the court by May 29, 2026, but participation is not required to be eligible for recovery [4].

Core Viewpoint - A class action lawsuit has been filed against Pinterest, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from February 7, 2025, to February 12, 2026, seeking damages for affected investors [1]. Company Overview - Pinterest is a visual social media platform where users organize content into "boards" that often include products or services from advertisers [4]. - The platform offers a unique value proposition to advertisers by focusing on users' interests in products and services rather than social connections [5]. - Pinterest generates nearly all of its revenue from advertising, with a significant portion coming from a small number of advertisers, particularly in retail and consumer packaged goods [6]. Allegations and Misstatements - Throughout the Class Period, Pinterest's executives allegedly made materially false and misleading statements regarding the company's business and operations, including overstating its ability to manage the impact of U.S. tariffs on advertising revenues [8]. - The complaint claims that Pinterest was likely to experience reduced revenues from advertising partners and that the company was facing an imminent restructuring due to these issues [8]. Financial Performance and Stock Impact - On November 4, 2025, Pinterest announced Q4 revenue guidance of $1.325 billion, which was below consensus expectations of $1.34 billion, leading to a stock price drop of $7.16 per share (21.76%) [9][10]. - On January 27, 2026, Pinterest revealed a global restructuring plan affecting less than 15% of its workforce, anticipating pre-tax restructuring charges of approximately $35 million to $45 million, resulting in a stock price decline of $2.49 per share (9.61%) [11]. - On February 12, 2026, Pinterest reported quarterly revenue of $1.32 billion, below the consensus estimate of $1.33 billion, and provided Q1 2026 revenue guidance of $951 million to $971 million, also below expectations, causing a further stock price drop of $3.12 per share (16.83%) [12][13].

Core Viewpoint - Rosen Law Firm has initiated a class action lawsuit against Pinterest, Inc. for allegedly misleading investors regarding its business operations and financial performance during the specified class period from February 7, 2025, to February 12, 2026 [1][2]. Allegations - The lawsuit claims that Pinterest made false and misleading statements, including: 1. The company was experiencing or likely to experience reduced revenues from advertising partners [3]. 2. Pinterest overstated its ability to manage the impact of U.S. tariffs on its macroeconomic environment, affecting its advertising partners [3]. 3. The significant impact on advertising revenues indicated that Pinterest was facing or likely to face an imminent restructuring [3]. 4. As a result, the public statements made by Pinterest were materially false and misleading throughout the class period [3]. Participation Information - Shareholders wishing to serve as lead plaintiffs must file motions with the court by May 29, 2026. Participation in the case is not required to be eligible for recovery [4]. Rosen Law Firm Overview - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [6].