NEW YORK,
Aug. 2,
2023 /PRNewswire/ -- The Gross Law Firm issues the
following notice to shareholders of Baxter International
Inc..
Shareholders who purchased shares of BAX 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/baxter-loss-submission-form/?id=42838&from=4
CLASS PERIOD: May
25, 2022 to February 8,
2023
ALLEGATIONS: The complaint
alleges that during the class period, Defendants
issued materially false and/or misleading statements and/or failed
to disclose that: (i) the Company concealed the true extent of the
supply chain problems it was experiencing while simultaneously
exaggerating its ability to maintain a healthy supply chain in the
face of global pressures; (ii) as a result, the Company's projected
earnings were materially misleading during the Class Period; (iii)
the foregoing, once revealed, was reasonably likely to have a
material negative impact on the Company's financial condition; and
(iv) as a result, the Company's public statements were materially
false and misleading at all relevant times. Over the course of the
Class Period, Baxter's stock price declined by nearly 50%,
eliminating billions of dollars in market capitalization.
DEADLINE: September 11,
2023 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/baxter-loss-submission-form/?id=42838&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you
register as a shareholder who purchased shares of BAX 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 11, 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