|Class Period||March 20, 2018 to October 24, 2018|
|Motion Deadline||August 20, 2019|
|Court||United States District Court for the Southern District of New York|
On June 21, 2019 a complaint was filed alleging violations of the federal securities laws by Anheuser-Busch and certain individual defendants. The class action was filed in the United States District Court for the Southern District of New York on behalf of purchasers of Anheuser-Busch ADS securities between March 1, 2018 and October 24, 2018 ("The Class Period").
Thornton Law Firm LLP announces that a lawsuit has been filed on behalf of purchasers of Anheuser-Busch ADS in federal court (NYSE ticker: BUD). Investors who purchased BUD ADS (American Depository Shares) and are interested in learning about the case or serving as a lead plaintiff are encouraged to contact the Thornton Law Firm at firstname.lastname@example.org, or call 617-531-3917 to learn more about the case. The lawsuit alleges that Anheuser-Busch and certain individual defendants violated the federal securities laws.
The lawsuit alleges that the Defendants misled investors about the Company’s finances, deleveraging efforts, cost cutting measures, EBITDA growth, liquidity and debt maturity profile. The Class Period for the case is March 1, 2018 to October 24, 2018. According to the Complaint, on October 25, 2018, the Defendants disclosed this information to the market, and Anheuser-Busch ADS declined approximately 9.5%, or approximately $8 per ADS, significantly harming ADS holders.
If you purchased Anheuser-Busch ADSs (NYSE: BUD) between March 1, 2018 and October 24, 2018 and are interested in the lead plaintiff process, please contact the Thornton Law Firm’s shareholder rights team at email@example.com, or call 617-531-3917. Interested Anheuser-Busch shareholders have until August 20, 2019 to apply to be lead plaintiff. The class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Thornton Law Firm’s securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. Thornton Law Firm is working with the F.D. Azar Law Firm in investigating this action. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
A class action lawsuit has been filed on behalf of investors in Anheuser-Busch (BUD) securities.
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