LOS ANGELES, CA / ACCESSWIRE / August 13, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Bayer Aktiengesellschaft ("Bayer" or "the Company") (OTC PINK:BAYRY)(OTC PINK:BAYZF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between May 23, 2016 and March 19, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before September 14, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Bayer failed to disclose that the acquisition of Monsanto would cause the Company to suffer from exposure to massive judgments and reputational damage if lawsuits related to Monsanto's Roundup product were successful. The Company's positive statements about the prospects of the Monsanto acquisition and the benefits it would create were false. Based on these facts, the Company's public statements throughout the class period were false and materially misleading. When the market learned the truth about Bayer, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE: The Schall Law Firm
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