ACCESS Newswire
15 Aug 2022, 23:07 GMT+10
LOS ANGELES, CA / ACCESSWIRE / August 15, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Unilever PLC ('Unilever' or 'the Company') (NYSE:UL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between September 2, 2020 and July 21, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before August 15, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Unilever failed to disclose the fact that in July 2020, the board of Ben & Jerry's, a Unilever subsidiary, passed a resolution to end the sales of its ice cream in what it labeled 'Occupied Palestinian Territory.' The Company also failed to disclose the risks associated with this decision to investors. The Company claimed to comply with all applicable laws and regulations, but failed to discuss the Ben & Jerry's decision, which risked 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'). Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Unilever, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm
Get a daily dose of Chicago Chronicle news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chicago Chronicle.
More InformationWASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK via Imagn Images) With pole positioning in the Supporters' Shield race,...
(Photo credit: Kamil Krzaczynski-Imagn Images) Carlos Santana belted a go-ahead, two-run home run in the sixth inning and Daniel...
(Photo credit: Brad Penner-Imagn Images) New York Yankees left-hander Carlos Rodon was named to the American League All-Star team...
(Photo credit: Kamil Krzaczynski-Imagn Images) The Los Angels Dodgers claimed right-hander Nick Nastrini off waivers from the Miami...
(Photo credit: Kamil Krzaczynski-Imagn Images) As the 2025 WNBA season approaches its All-Star weekend, the Minnesota Lynx head to...