Lowey Dannenberg probes Figma IPO for potential federal securities law violations

Reuters03-11 22:10

Lowey Dannenberg probes Figma IPO for potential federal securities law violations

Lowey Dannenberg said it is investigating Figma for potential violations of US federal securities laws tied to the company’s IPO. Figma listed on the NYSE under the ticker FIG on July 31, 2025, and priced the offering at USD 33 per share. The firm said the IPO raised more than USD 1.2 billion and that the stock price has since declined significantly. It said investors who bought shares in or traceable to the IPO may have legal rights if the registration statement contained materially misleading statements or omissions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Figma Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603111010PRIMZONEFULLFEED9670082) on March 11, 2026, and is solely responsible for the information contained therein.

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