NEW YORK ,
Sept. 26,
2023 /PRNewswire/ -- The Gross Law Firm issues the
following notice to shareholders of Bausch Health Companies
Inc..
Shareholders who purchased shares of BHC 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/bausch-health-loss-submission-form/?id=49215&from=4
CLASS PERIOD: August 6,
2020 to May 3, 2023
ALLEGATIONS: The complaint alleges that
defendants made false and/or misleading statements about the
Company's spinoff of the Bausch + Lomb Corporation ("B+L"),
including the benefits it would provide for Bausch shareholders and
the effects it would have on Bausch post-spinoff. The complaint
also alleges that the spinoff was done not to benefit
shareholders but instead to undermine plaintiff lawsuits stemming
from securities laws violations in 2016. Defendants'
statements about the B+L spinoff have caused significant damages
for Bausch investors. On August 6,
2020, when the spinoff was announced, Bausch's stock closed
at $20.13 per share. The stock traded
as high as $34.38 per share before
falling to its current trading prices of under $10 per share.
DEADLINE: September 25,
2023 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/bausch-health-loss-submission-form/?id=49215&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of BHC 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 September 25, 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
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SOURCE The Gross Law Firm