Duolingo, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - DUOL
/PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Duolingo, Inc. ("Duolingo" or "the Company") (NASDAQ: DUOL) for...
NEW YORK, Nov. 5, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Duolingo, Inc. ("Duolingo" or "the Company") (NASDAQ: DUOL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of DUOL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Duolingo's increased user friction was likely to negatively impact Daily Active User ("DAU") growth rates. The Company's usage of poor quality AI-generated content also damaged its growth prospects. Based on these facts, Coastal's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
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