INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Electronic Arts Inc. - EA

PRNewswire 25-Feb-2025 4:38 PM

NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Electronic Arts Inc. ("Electronic Arts" or the "Company") (NASDAQ:EA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.  

The investigation concerns whether Electronic Arts and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action] 

On January 22, 2025, EA issued a press release "announc[ing] preliminary results for the third fiscal quarter and a revised outlook for the fiscal year ending March 31, 2025." Among other items, EA cut its net bookings range to $7 billion to $7.15 billion for fiscal year 2025, from its prior range of $7.5 billion to $7.8 billion, and now expects net bookings of approximately $2.215 billion for the third quarter. 

On this news, EA's stock price fell $23.77 per share, or 16.7%, to close at $118.58 per share on January 23, 2025.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980

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SOURCE Pomerantz LLP