Yes. It is actually happening. A Twitter shareholder has filed a lawsuit against the social networking platform, claiming that it misled investors with growth projections that have failed to come to pass.
Twitter is being sued by a shareholder over claims that it misled investors about its prospects for growth. Doris Shenwick has accused the company of making false statements about the company’s predicted user count and user engagement levels, causing wild fluctuations in Twitter’s stock prices. Shenwick claims Twitter executives misled investors in November 2014 when they promised an increase …