Important Deadlines for AstraZeneca Investors
Levi & Korsinsky, LLP has informed AstraZeneca PLC shareholders that crucial deadlines are approaching for those affected by alleged securities fraud. If you have been an investor in AstraZeneca (NASDAQ: AZN) between
February 23, 2022, and
December 17, 2024, you should be aware of the ongoing class action lawsuit that seeks to recoup losses associated with fraudulent activities.
Overview of the Class Action Lawsuit
The lawsuit has been initiated to represent the aggrieved investors negatively impacted by an alleged scheme of misrepresentation and concealment of significant risks by AstraZeneca's management. Specific allegations indicate that:
1.
Insurance fraud in China was perpetrated by AstraZeneca.
2. Heightened legal risks ensued, notably resulting in the detention of AstraZeneca’s China President by law enforcement.
3. The company's statements regarding its legal exposures were found to be materially false or misleading, suggesting understated risks.
4. The disclosure of these facts could substantially harm the company’s operations in China, contributing to financial losses for investors.
Investors should note that
February 21, 2025, is the cut-off date to file a motion with the court for lead plaintiff status. If you wish to participate, earlier registration is encouraged, as your rights to any financial recovery do not hinge upon your lead plaintiff role.
What’s Next for Affected Investors?
AstraZeneca investors who have sustained losses during the specified timeframe are urged to act promptly. Levi & Korsinsky offers the opportunity to enroll without any upfront costs or obligations, ensuring that class members may recover losses without out-of-pocket expenses. The firm has established a reputation for successfully representing clients in high-stakes securities litigation, securing hundreds of millions of dollars in settlements over the last two decades. This commitment to their clients has placed Levi & Korsinsky among the top securities litigation law firms in the US.
Contact Information for Assistance
If you have experienced a financial loss as a result of your investment and wish to discuss your rights further, you can reach out to Joseph E. Levi, Esq., or Ed Korsinsky, Esq. at Levi & Korsinsky. They are available at:
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Email: [email protected]
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Telephone: (212) 363-7500
Their office is located at
33 Whitehall Street, 17th Floor, New York, NY 10004. For more information or to begin the submission process, visit
Levi & Korsinsky's official site.
Why Choose Levi & Korsinsky?
Levi & Korsinsky, LLP has over
70 experienced employees who specialize in complex securities issues, ensuring that affected investors are well-represented and informed about their options. With a proven track record of effectively handling cases and a strategic approach to securities litigation, the firm promises fair representation and commitment to every client.
Make sure to meet the specified deadlines to safeguard your rights as an investor. It’s crucial to take action at this stage to pursue the compensation you rightfully deserve.