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Spotify faces securities fraud investigation after Q1 results disappoint and shares drop 12.4%.

Market News
22 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

The Schall Law Firm is investigating Spotify Technology S.A. for potential securities law violations following the company's Q1 2026 financial report. Spotify projected lower-than-expected subscriber growth for Q2 and reported disappointing ad revenues for Q1, causing its shares to fall over 12.4%. The investigation examines whether Spotify made false or misleading statements or failed to disclose important information to investors. Shareholders who suffered losses are encouraged to contact the law firm to discuss their rights and possibly join the class action lawsuit.

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