An investigation on behalf of investors of Alphabet Inc. (NASDAQ: GOOGL) shares over potential securities laws violations by Alphabet, Inc., known popularly as Google and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on: (1) the numerous complaints of sexual misconduct and alleged cover-up at the Company, including, most recently, The New York Timesarticle on October 25, 2018, describing a culture at Google of cover-up and generous gold parachutes for several senior executives who allegedly committed sexual misconduct; (2) alleged rank-and-file harassment; (3) alleged sex, age, and race discrimination at Google; and (4) alleged violations of user privacy, including Googles revelation on December 11, 2018 that its Google+ social network inadvertently gave app developers data on 52.5 million users, including data that users have designated as private.

Shares of Alphabet Inc. (NASDAQ: GOOGL) declined from $1287.40 per share in July 2018 to as low as $977.66 per share on December 24, 2018.