Recent Security Class Actions

British American Tobacco p.l.c. (AMEX: BTI)

Company Name:British American Tobacco p.l.c.
Stock Symbol:AMEX: BTI
Class Period Start:02/09/2023
Class Period End (inclusive):12/06/2023
Filing Deadline:03/25/2024

The Complaint alleges Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) British American Tobacco materially understated the risks and potential likelihood of an impairment to its Premium American Cigarette Brands as a result of longstanding headwinds and; (2) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.