Unity Software Inc.
(NYSE: U)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Unity Software Inc. ("Unity Software" or the "Company") on behalf of stockholders. A class action complaint has been filed against Unity Software. The complaint alleges that defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) deficiencies in the Company's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, the Company had overstated its commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.