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Deadline on August 15th coming up in Lawsuit for Investors in Unilever PLC (NYSE: UL)

08-09-2022 12:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 15, 2022 in the lawsuit for certain investors in Unilever PLC (NYSE: UL).

A Deadline is coming up on August 15, 2022 in the lawsuit for certain investors in Unilever PLC (NYSE: UL).

A deadline is coming up on August 15, 2022 in the lawsuit filed for certain investors of Unilever PLC (NYSE: UL) over alleged securities laws violations by Unilever PLC.

Investors who purchased shares of Unilever PLC (NYSE: UL) have certain options and there are strict and short deadlines running. Deadline: August 15, 2022. NYSE: UL 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 Southern District of New York the plaintiff alleges on behalf of purchasers of Unilever PLC (NYSE: UL) common shares between September 2, 2020 and July 21, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 2, 2020 and July 21, 2021, the defendants made false and misleading statements and failed to disclose that in July 2020, Ben & Jerry's board passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" as well as the risks attendant to the board's decision. Additionally, Unilever's s description of its legal risks was materially false and misleading because Unilever acknowledged that complying with all applicable laws and regulations was important but omitted discussing Ben & Jerry's boycott decision, which risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states ("Anti-BDS Legislation").

Shares of Unilever PLC (NYSE: UL) declined from $63.89 per share on January 18, 2022, to $43.11 per share on March 8, 2022.

Those who purchased shares of Unilever PLC (NYSE: UL) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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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