OTLY ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of September 24, 2021 in the Class Action Filed on Behalf of Oatly Group AB Limited Shareholders
New York, New York--(Newsfile Corp. - August 4, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Oatly Group AB (NASDAQ: OTLY) alleging that the Company violated federal securities laws.
Class Period: May 20, 2021 and July 15, 2021
Lead Plaintiff Deadline: September 24, 2021
No obligation or cost to you.
Learn more about your recoverable losses in OTLY:
Oatly Group AB NEWS - OTLY NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Oatly Group AB made materially false and/or misleading statements and/or failed to disclose that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly's statements about its operations, business, and prospects were misleading during the Class Period.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Oatly you have until September 24, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Oatly securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92104