Law Firm Investigates Potential Securities Violations by Criteo Following Stock Decline
Kirby McInerney LLP has announced an investigation into Criteo S.A. (NASDAQ: CRTO) concerning potential violations of federal securities laws by the company or members of its senior management.
The investigation follows Criteo's financial results announcement on August 5, 2026, which revealed significant performance declines. The company reported an 11% year-over-year decrease in revenue and a 49% year-over-year decline in net income for the second quarter of 2026.
Simultaneously with the earnings announcement, Criteo disclosed a change in its executive leadership. The company appointed Connor McGogney, its Chief Strategy Officer, as Chief Financial Officer effective August 10, 2026. McGogney replaces Sarah Glickman, who had served as CFO since 2020.
The market reacted sharply to these developments. Criteo's stock price dropped $5.35, representing a 24% decline, to close at $17.05 on August 5, 2026.
Investigation Status
No lawsuit has been filed at this time. The investigation is ongoing to determine whether claims can be brought under federal securities laws. The law firm is examining whether the company and its management engaged in unlawful business practices.
Kirby McInerney LLP, a New York-based plaintiffs' law firm, specializes in securities, antitrust, whistleblower, and consumer litigation. The firm states that its efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.
Investors who purchased or acquired Criteo securities are encouraged to contact the firm to discuss their rights or interests regarding these matters at no cost. Lauren Molinaro of Kirby McInerney LLP is handling inquiries related to the investigation.
