Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Amazon.com, Inc. (“Amazon” or the “Company”) (Nasdaq: AMZN) concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.

On July 20, 2017, Reuters reported that the Federal Trade Commission (“FTC”) is reviewing allegations that Amazon misleads customers about its pricing discounts. The article stated that “[t]he FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at some 1,000 products on Amazon’s website in June and found that Amazon put reference prices, or list prices, on about 46 percent of them. An analysis found that in 61 percent of products with reference prices, Amazon’s reference prices were higher than it had sold the same product in the previous 90 days, Consumer Watchdog said in a letter to the FTC dated July 6.” When this news was announced, shares of Amazon fell in value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

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