San Diego, CA -- (SBWire) -- 12/01/2023 --An investigation on behalf of current long-term investors in shares of Bausch Health Companies Inc. (NYSE: BHC) concerning potential breaches of fiduciary duties by certain directors and officers of Bausch Health Companies Inc. was announced.
Investors who are current long term investors in Bausch Health Companies Inc. (NYSE: BHC) 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: BHC stocks follows a lawsuit filed against Bausch Health Companies Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BHC stocks, concerns whether certain Bausch Health Companies 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 Defendants failed to disclose to investors that the Company's spinoff of the Bausch + Lomb Corporation would not result in two strong separate companies, that without Bausch + Lomb Corporation, Bausch Health Companies was left overly leveraged and without the cashflow generated by Bausch + Lomb Corporation, and that distribution of the Bausch + Lomb Corporation spinoff shares would not occur as represented.
Those who purchased shares of Bausch Health Companies Inc. (NYSE: BHC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.
Bausch Health Companies Inc. (NYSE:BHC) Long Term Shareholder Notice: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Bausch Health Companies Inc. (NYSE:BHC) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:BHC stockholders should contact the Shareholders Foundation.