The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Unilever PLC (NYSE: UL) American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
According to the Unilever lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry’s, one of Unilever’s marquee brands, passed a resolution to end sales of its ice cream in “Occupied Palestinian Territory” ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
If you suffered a loss in Unilever you have until August 15, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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