Investigation announced for Long-Term Investors who lost money with shares of Kenvue Inc. (NYSE: KVUE)

An investigation was announced for current long-term investors in shares of Kenvue Inc. (NYSE: KVUE) concerning potential breaches of fiduciary duties by certain directors of Kenvue Inc.

Investors who are current long term investors in Kenvue Inc. (NYSE: KVUE) shares, 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 for current long term investors in NYSE: KVUE stocks follows a lawsuit filed against Kenvue Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: KVUE stocks, concerns whether certain Kenvue Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. . District Court for the District of New Jersey the plaintiff alleges that the Registration Statement contained false and/or misleading statements and/or failed to disclose that Kenvue faces potential headwinds as a result of confirmed concerns about the efficacy of phenylephrine, which it knew or should have known, that Kenvue did not discuss risks relating to the efficacy of phenylephrine (or "PE") in its IPO, the utility of which had been questioned since at least 2007, that while the Company disclosed risks relating to litigation, it did not disclose specific risk relating to potential litigation arising from adverse findings on the efficacy of phenylephrine, and that as a result, Defendants' public statements were materially false and misleading at all relevant times and negligently prepared.

Those who purchased shares of Kenvue Inc. (NYSE: KVUE) 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.

This release was published on openPR.