NEW
YORK, Aug. 29, 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=45075&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=45075&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