Press release
Deadline on March 22nd coming up in Lawsuit for Investors in Walmart Inc. (NYSE: WMT)
A Deadline is coming up on March 22, 2021 in the lawsuit for certain investors in Walmart Inc. (NYSE: WMT).
Investors who purchased shares of Walmart Inc. (NYSE: WMT) have certain options and there are strict and short deadlines running. Deadline: March 22, 2021. NYSE: WMT 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 District of Delaware the plaintiff alleges on behalf of purchasers of Walmart Inc. (NYSE: WMT) common shares between March 30, 2016 and December 22, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 30, 2016 and December 22, 2020, the defendants made false and/or misleading statements and/or failed to disclose that the Company knowingly filled prescriptions that were issued by so-called “pill-mill” prescribers, that the Company filled thousands of prescriptions that showed obvious red flags, including highly-dangerous cocktails of drugs, that the Company’s managers made it difficult for Walmart pharmacists to comply with their legal obligations by pressuring them to fulfill as many orders as possible, that hence, the Company’s pharmacy revenues were inflated because the Company filled thousands of invalid prescriptions in violation of the Controlled Substance Act dispensing requirements, that the aforementioned conduct would subject the Company to regulatory scrutiny, and that as a result, Defendants’ statements about Walmart’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Walmart Inc. (NYSE: WMT) have certain options and should contact the Shareholders Foundation.
Media 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 class actions, 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Deadline on March 22nd coming up in Lawsuit for Investors in Walmart Inc. (NYSE: WMT) here
News-ID: 2253123 • Views: …
More Releases from Shareholders Foundation
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc..
Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Malvern, PA based Ocugen, Inc., a…
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp.
Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV…
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false…
More Releases for Walmart
Online Apparel Retailing Market is Booming Worldwide | Rakuten, Walmart, Diesel
The latest study released on the Global Online Apparel Retailing Market by AMA Research evaluates market size, trend, and forecast to 2027. The Online Apparel Retailing market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
Online Footwear Market to See Booming Growth | Adidas,Walmart, Ebay
Stay up-to-date and exploit latest trends of Online Footwear Market with latest edition released by AMA.
Online Footwear Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the worldwide Online Footwear industry with an attention on the Global market. The report gives key insights available status of the Online Footwear producers and is an important wellspring of direction and course for organizations and people…
Joe’s Gourmet, Featured Walmart Supplier, Launches Franchise Opportunity
Atlanta, GA, Nov 7, 2020 -- Joe’s Gourmet, a fish-fry product and restaurant that can be found inside Walmart stores around the country, has officially launched its restaurant franchise opportunity this year.
The Joe’s Gourmet brand is no stranger to success having been featured as a supplier in the national Walmart campaign Made in America and starring on Shark Tank on which they struck a $150K deal with Daymond John. Good…
Digital Grocery Market Seeking Excellent Growth | Walmart, Amazon, Kroger
An extensive elaboration of the Global Digital Grocery market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like…
E-grocery Service Market Still Going Strong | BigBasket, Walmart, Amazon
A new business intelligence report released by HTF MI with title "Global e-grocery Service Market Size, Status and Forecast 2019-2025" is designed covering micro level of analysis by manufacturers and key business segments. The Global e-grocery Service Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and…
Walmart nails deal with Flipkart
In the e-commerce sector’s biggest deal yet, retail giant Walmart paid USD16 billion to acquire a 77% stake in Flipkart – one of India’s most successful e-tailers.
With India’s e-commerce sector set to grow four times by 2023, Walmart is looking at supporting Flipkart’s ambition to become a publicly-listed subsidiary in the future.
However, the revenue growth rate for Flipkart in 2016-17 was only 29%, a far cry from the 50% growth…
