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. (NYSE: BTI). The lawsuit alleges violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated 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 offering a free consultation to discuss investors’ rights and potential losses.
The class action lawsuit is still awaiting certification, and until that occurs, investors are not represented by an attorney. However, shareholders have the option to remain as absent class members if they choose to take no action.
The lawsuit alleges that British American Tobacco made false and misleading statements to the market during the class period. Specifically, the company is accused of understating the risks associated with its Premium American Cigarette Brands due to longstanding challenges. These alleged false and materially misleading statements caused investors to suffer damages when the truth about British American Tobacco was revealed.
The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors worldwide. The firm is dedicated to seeking justice for shareholders who have suffered losses due to alleged misconduct by companies.
Investors who have experienced losses and wish to participate in the class action lawsuit are encouraged to join in the effort to recover their losses.
Please note that this press release may be considered Attorney Advertising in some jurisdictions under applicable law and rules of ethics.
Contact:
The Schall Law Firm
Brian Schall, Esq.
Website: www.schallfirm.com
Office: 310-301-3335
Email: info@schallfirm.com
Source: The Schall Law Firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/199602.
In summary, the Schall Law Firm is reminding investors about a class action lawsuit against British American Tobacco. The lawsuit alleges that the company made false and misleading statements to the market, resulting in damages for investors. The Schall Law Firm is offering a free consultation to investors who purchased British American Tobacco securities during the specified period. The firm specializes in securities class action lawsuits and aims to help investors recover their losses.
