Unity Software Inc. Class Action Lawsuit

VISIT OUR CONSUMER RESOURCES CENTER

CONTACT A Unity Stock Loss Lawyer NOW

Unity Software Inc. Class Action Lawsuit 

Company Name	Unity Software Inc.
​Class Period	​​March 5, 2021 to May 10, 2022
Motion Deadline	September 6, 2022
Court	Nothern District of California
Symbol	U

Investors Who Suffered Losses in Unity Stock File Unity Software Class Action Lawsuit

If you suffered losses in Unity stock, call Unity Stock Loss Lawyer Timothy L. MIles

The Unity Software class action lawsuit seeks to represent purchasers or acquirers of Unity Software Inc. (NYSE: U) securities between March 5, 2021 and May 10, 2022, inclusive (the “Class Period”).  The Unity Software class action lawsuit – captioned Das v. Unity Software, Inc., No. 22-cv-03962 (N.D. Cal.) – charges Unity Software and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
​
If you suffered losses in Unity stock and wish to serve as lead plaintiff of the Unity class action lawsuit, please provide your information below.  You can also contact Unity Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at tmiles@timmileslaw.com.  Lead plaintiff motions for the Unity Software class action lawsuit must be filed with the court no later than September 6, 2022. If you have questions, please contact ​Unity Stock Loss Lawyer Timothy L. Miles  today.

---

Allegations in the Unity Software Class Action Lawsuit

Call an Unity Stock Loss Lawyer to see if you are eligible for an Unity Class Action Lawsuit

 UnityUnity Software provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.  One of the tools on Unity Software’s product platform is the Audience Pinpointer, a user acquisition service which uses real-time user valuation at the time of an ad request.

The Unity Software class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) deficiencies in Unity Software’s product platform reduced the accuracy of Unity Software’s machine learning technology; (ii) this was likely to have a material negative impact on Unity Software’s revenues; (iii) accordingly, Unity Software had overstated its commercial and/or financial prospects for 2022; and (iv) as a result, Unity Software was likely to have to reduce its fiscal 2022 guidance.
​
On May 10, 2022, Unity Software announced its financial results for the first quarter of 2022.  Unity Software also reduced its fiscal 2022 guidance, citing “challenges with monetization products.”  Specifically, Unity Software stated that “a fault in [Unity Software’s] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post [identifier for advertisers] changes.”  On this news, Unity Software’s stock price fell by approximately 37%, damaging investors who suffered losses in Unity stock.  If you suffered losses in Unity stock, contact Unity Stock Loss Lawyer Timothy  L. Miles about an Unity Softwars class action lawsuit.,

---

The Lead Plaintiff Process

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Unity Stock to seek appointment as lead plaintiff in the Unity Software class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the class action lawsuit.  An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in Unity stock, and have further questions, contact ​Unity Stock Loss Lawyer Timothy L. Miles today.

How Can an Unity Stock Loss Lawyer Help Me?

Call an Unity Stock Loss Lawyer if you suffered losses in Unity stock

An ​Unity Stock Loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation. An Unity Stock Loss Lawyer focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, if they have lost money due to mistakes, incompetence, or fraud by an investment professional. While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discovery every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct, such as an ​Unity Stock Loss Lawyer who will work to recover the losses you sustained through an Unity Software class action lawsuit.​ If you have further questions, please contact ​Unity Stock Loss Lawyer Timothy L. Miles  today.

---

Contact an ​Unity Stock Loss Lawyer if You Suffered Losses in Unity Stock

​If you suffered losses in Unity  stock, contact Unity Stock Loss Lawyer Timothy  L. Miles today about an Unity Softwars class action lawsuit​, and see what a ​Unity Stock Loss Lawyer can do for you.

---

 

CONTACT UNITY STOCK LOSS LAWYER TIMOTHY
​L. MILES TODAY FOR A FREE CASE EVALUATION

 

 

Contact Unity Stock Loss Lawyer Timothy L. Miles Today If you suffered losses in Unity stock

Unity Stock Loss Lawyer
​855-Tim-MLaw (855) 846-8529
tmiles@timmileslaw.com
Call Unity Stock Loss Lawyer Timothy L. Miles today
​for a free case evaluation about a Unity class action lawsuit​

FREE CASE EVALUATION 
Call today for a free case evaluation with an Unity Stock Loss Lawyer about an Unity Stock Loss Lawyer Timothy L. Miles  class action lawsuit

A NATIONAL AWARD WINNING
TENNESSEE ​CLASS ACTION LAW FIRM
Tim Miles Law Office | Class Actions | Mass Torts

ATTENTION CONSUMERS:  VISIT OUR RESOURCES CENTER
​FOR MORE VALUABE INFORMATION ON THE LEGAL PROCESS
For more consumer information on Class Actions, Mass Torts and other cases, including Frequently Asked Questions, Links to Federal Courts and Agencies, Statutes, Rules and Procedures, Legal Guides, Videos and other valuable resources for consumers, please visit our ​Resources Center.  We hope you find the information beneficial.  ​We are here to help!