Governance & Derivative
Pinterest, Inc. (NYSE: PINS)
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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Pinterest, Inc. (“Pinterest”) (NYSE: PINS).
On February 12, 2026, the Company released its fourth quarter 2025 financial results, reporting quarterly revenue of $1.32 billion, below the consensus estimate of $1.33 billion, and issuing first quarter 2026 revenue guidance of $951 million to $971 million, below the consensus estimate of $980.6 million. The Company attributed the weakness to “an exogenous shock . . . related to tariffs” and stated that it “expect[s] these [tariff] headwinds will continue and may become slightly more pronounced in Q1.”
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.
KSF’s investigation is focusing on whether Pinterest’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Pinterest shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at (833) 938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.