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Deadline on March 25th coming up in Lawsuit for Investors in shares of British American Tobacco p.l.c. (NYSE: BTI)

03-26-2024 04:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on March 25, 2024 in the lawsuit for certain investors in British American Tobacco p.l.c. (NYSE: BTI).

A Deadline is coming up on March 25, 2024 in the lawsuit for certain investors in British American Tobacco p.l.c. (NYSE: BTI).

The Shareholders Foundation announced that a deadline is coming up on March 25, 2024 in the lawsuit filed for certain investors of British American Tobacco p.l.c. (NYSE: BTI) over alleged securities laws violations by British American Tobacco p.l.c.

Investors who purchased shares of British American Tobacco p.l.c. (NYSE: BTI) have certain options and there are strict and short deadlines running. Deadline: March 25, 2024. NYSE: BTI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of British American Tobacco p.l.c. (NYSE: BTI) common shares between February 9, 2023 and December 6, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 9, 2023 and December 6, 2023, the defendants made materially false and/or misleading statements and/or failed to disclose that: (1) British American Tobacco materially understated the risks and potential likelihood of an impairment to its Premium American Cigarette Brands as a result of longstanding headwinds and; (2) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of British American Tobacco p.l.c. (NYSE: BTI) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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