NEW
YORK, Dec. 4, 2023 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of Kenvue
Inc..
Shareholders who purchased shares of KVUE during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/kenvue-loss-submission-form/?id=58002&from=4
CLASS PERIOD: This lawsuit is on behalf of persons who
purchased or otherwise acquired Kenvue securities pursuant and/or
traceable to the registration statement and related prospectus
issued in connection with Kenvue's May
2023 initial public offering.
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) Kenvue
faces potential headwinds as a result of confirmed concerns about
the efficacy of phenylephrine, which it knew or should have known;
(2) Kenvue did not discuss risks relating to the efficacy of
phenylephrine (or "PE") in its IPO, the utility of which had been
questioned since at least 2007; (3) while the Company disclosed
risks relating to litigation, it did not disclose specific risk
relating to potential litigation arising from adverse findings on
the efficacy of phenylephrine; and (4) as a result, defendants'
public statements were materially false and misleading at all
relevant times and negligently prepared.
DEADLINE: December 8, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/kenvue-loss-submission-form/?id=58002&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of KVUE during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is December 8, 2023. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-kenvue-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-december-8-2023--nyse-kvue-302003615.html
SOURCE The Gross Law Firm