ANGI Investors Have Opportunity to Join Angi Inc. Fraud Investigation with the Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Angi Inc. (“Angi” or “the Company”) (NASDAQ: ANGI) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Angi reported its Q1 2026 financial results on May 5, 2026. The Company revealed revenues that fell compared to the prior-year period, along with an operating loss compared to profit in the previous year. The Company also admitted that Average Monthly Active Pros declined approximately 22% compared to the prior-year period. In a letter to shareholders, the Company stated that as part of a shift to an AI-native platform, it would "feature-freeze the legacy platform, stop focusing on near-term revenue goals, and cease quarterly guidance." Based on this news, shares of Angi fell by more than 35.2% on May 6, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
