NEW YORK, July 29 2, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Unilever PLC (NYSE: UL) securities between September 2, 2020 and July 21, 2021 , both dates inclusive (the “Class Period”), of the important deadline of August 15, 2022 for Lead Plaintiff.
SUCH AS: If you purchased Unilever securities during the Class Period, you may be entitled to compensation without payment of any disbursements or fees through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.
WHY ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that in July 2020, Ben & Jerry’s passed a resolution to end sales of its ice cream in “Occupied Palestinian Territory” as well as the risks associated with the council’s decision. In addition, Unilever’s description of its legal risks was materially false and misleading, as Unilever acknowledged that compliance with all applicable laws and regulations was important, but failed to discuss the Ben & Jerry’s boycott decision, which could result in adverse government action for violation of laws, executive orders or regulations. resolutions to discourage boycotts, divestment and sanctions against Israel passed by 35 US states (“anti-BDS legislation”).
On July 19, 2021, Unilever and its handpicked CEO Ben & Jerry’s finally “operationalized” the Ben & Jerry’s Board Boycott Resolution. Ben & Jerry’s announced on its website and via its Twitter account that upon the expiration of the current licensing agreement under which its products had been distributed in Israel for decades, Ben & Jerry’s would end the sale of its ice cream in the “Occupied Palestinian Territory”. but Ben & Jerry’s allegedly continues to sell its products in Israel.
Ultimately, the states of New York, New Jersey, Florida, Texas, Illinois, Colorado and Arizona announced their decision to divest their investments in Unilever’s pension funds in due to violations of their anti-BDS laws.
When the real details entered the market, the lawsuit claims investors suffered damages.
To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future recovery does not depend on their status as lead plaintiff.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
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New York, NY 10016
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Toll Free: (866) 767-3653
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