The Schall Law Firm, a renowned national shareholder rights litigation firm, is reminding investors about an ongoing class action lawsuit against British American Tobacco p.l.c. (“British American Tobacco” or “the Company”) (NYSE: BTI). The lawsuit alleges violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased British American Tobacco securities between February 9, 2023, and December 6, 2023, are encouraged to contact the Schall Law Firm before March 25, 2024. The firm is dedicated to assisting shareholders who have suffered losses and can be reached through their website or by phone.
The class action lawsuit has not yet been certified, and until certification occurs, investors are not represented by an attorney. However, shareholders who choose to take no action can remain as absent class members. The lawsuit alleges that British American Tobacco made false and misleading statements to the market, understating the risks to its Premium American Cigarette Brands due to longstanding challenges. These alleged misrepresentations are claimed to have been materially misleading throughout the class period.
The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors worldwide. They are committed to helping investors recover their losses and seek justice in cases of alleged securities fraud.
It is important to note that this press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contact:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
In conclusion, the Schall Law Firm is actively reminding investors about the class action lawsuit against British American Tobacco, urging affected shareholders to come forward and discuss their rights. The firm’s expertise in securities litigation positions them to provide valuable assistance to investors seeking to recover their losses.
