Nielsen Holdings plc (Nasdaq: NLSN)


A class action has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of Nielsen Holdings plc (Nasdaq: NLSN) common stock between February 8, 2018 to July 25, 2018 (the “Class Period”).

The complaint alleges the Company and its executives violated federal securities laws by: (1) recklessly disregarding its readiness for and the true risks of privacy related regulations and policies including the European General Data Protection Regulation (“GDPR”) on its current and future financial and growth prospects; (2) failing to disclose that its financial performance was far more dependent on Facebook and other third-party large data set providers than previously revealed and that privacy policy changes affected the scope and terms of access Nielsen would have to third-party data; and (3), failing to disclose that access to Facebook and other third-party provider data was becoming increasingly restricted for Nielsen and Nielsen clients.

Specifically, on July 26, 2018, the Company announced disappointing financial results for the second quarter 2018. Nielsen blamed the results, in part, on the negative impact that the GDPR had on the Company’s access to large data sets provided by partners like Facebook and stated further that “[o]ur results are significantly below our expectations as revenues were impacted by GDPR and changes to the consumer data privacy landscape.”

Following this announcement, Nielsen’s share price fell from $29.57 on July 25, 2018 to $22.11 on July 26, 2018—a $7.46 or 25.23% drop.

If you are a current shareholder and purchased stock between February 8, 2018 to July 25, 2018, and would like to discuss your options of exercising your rights as a shareholder, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.

Personal Information
Name:
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Stock Information
Do you currently own the stock? Yes   No
Purchase Date:
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Please Note: Neither the submission to nor the receipt of information by The Law Offices of Marc S. Henzel or one of its attorneys through this website constitutes an agreement by the firm to represent the individual and does not create an attorney-client relationship.