Schall, Brown & Schwartz LLP said it is investigating Alphabet Inc. over possible securities law violations tied to whether the company made false or misleading statements or failed to disclose information material to investors. The review centers on Alphabet’s Q2 2026 financial results, released on July 22, 2026, which showed a significant expansion in capex (capital expenditures) for the year and negative free cash flow of $5.9 billion. Alphabet shares fell by almost 6.9% the following day after those results, the firm said. The release invites shareholders who suffered losses to contact Brian Schall or David Schwartz to discuss their rights.