NASDAQ:OTLY Investor Alert: Deadline on September 24, 2021in Lawsuit Against Oatly Group AB
A Deadline is coming up on September 24, 2021 in the lawsuit for certain investors in Oatly Group AB (NASDAQ:OTLY)
San Diego, CA -- (SBWire) -- 09/10/2021 --The Shareholders Foundation announced that a deadline is coming up on September 24, 2021 in the lawsuit filed for certain investors of Oatly Group AB (NASDAQ: OTLY).
Investors who purchased shares of Oatly Group AB (NASDAQ: OTLY) have certain options and there are strict and short deadlines running. Deadline: September 24, 2021. NASDAQ: OTLY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Oatly Group AB (NASDAQ: OTLY) common shares between May 20, 2021 and July 15, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 20, 2021 and July 15, 2021, that Oatly Group AB (a) overinflated its gross margins, revenue, and capital expenditure financial metrics; (b) overstated the proprietary nature of its formulas and manufacturing process; (c) exaggerated its success in China; and (d) as a result of the foregoing, Oatly's statements about its operations, business, and prospects were misleading between May 20, 2021 and July 15, 2021.
Those who purchased shares of Oatly Group AB (NASDAQ: OTLY) 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 Shareholders Foundation, Inc.
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.
Media Relations Contact
Michael Daniels
Shareholders Foundation
1-858-779-1554
https://www.shareholdersfoundation.com/
View this press release online at: http://rwire.com/1345862