Lowey Dannenberg P.C. has launched an investigation into Figma Inc. for potential violations of federal securities laws. The probe follows a significant decline in Figma’s stock price since its Initial Public Offering (IPO) on July 31, 2025.

The law firm is examining whether Figma’s registration statements contained materially misleading information or omissions. Figma shares fell by more than 7% on the day the investigation was announced.

Investors who incurred losses on Figma shares traceable to the IPO are encouraged to contact the firm. This legal scrutiny adds a layer of uncertainty for the company and its shareholders.