ATLANTA, GA – – (Globe Newswire – May 28, 2024) – – A shareholder class action lawsuit has been filed against Fastly, Inc. (“Fastly” or the “Company”) (NYSE: FSLY). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company’s business, operations, and prospects, including allegations that: (i) contrary to its representations to investors, Fastly was in fact experiencing a significant deceleration in growth among its largest customers and was losing the increased market share it had gained as a result of the 2023 CDN consolidation trend; (ii) the foregoing issues were likely to have a material negative impact on the Company’s revenue growth; (iii) accordingly, Fastly was unlikely to meet its own previously issued revenue guidance for FY 2024; and (iv) as a result, the Company’s financial position and/or prospects were overstated.

If you bought Fastly shares between February 15, 2024 and May 1, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is July 23, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

July 23, 2024

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