Le Lézard
Classified in: Health
Subject: ATY

BAXTER LOSS ALERT: ROSEN LAW FIRM Reminds Baxter International Inc. Investors of Important January 24th Deadline in Securities Class Action


NEW YORK, Dec. 7, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Baxter International Inc. between February 21, 2019 and October 23, 2019, inclusive (the "Class Period") of the important January 24, 2020 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for Baxter investors under the federal securities laws.

Rosen Law Firm, P.A. Logo

To join the Baxter class action, go to http://www.rosenlegal.com/cases-register-1702.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) certain intra-Company transactions, undertaken for the purpose of generating foreign exchange gains and losses, used foreign exchange rate conventions that were not in accordance with GAAP and enabled intra-Company transactions to be undertaken after the related exchange rates were already known; (2) Baxter lacked effective internal control over financial reporting; (3) as a result, Baxter's financial statements were misstated and would likely require correction or amendment; (4) due to Baxter's internal investigation, the Company would not be able to file its quarterly report for the period ending September 30, 2019, with the SEC on Form 10-Q in a timely manner; and (5) as a result, Baxter's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 24, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1702.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

SOURCE Rosen Law Firm, P.A.


These press releases may also interest you

at 20:32
Inc. Magazine Unveils Its Annual List of America's Fastest-Growing Private Companies ? the Inc. 5000 For the 3rd Consecutive Year, Advanced Medical Integration Appears on the Inc. 5000, Ranking No. 2489 for 2020 Inc. magazine has revealed that...

at 20:30
Formsense, a leading smart apparel company, has taken on the unusual role as part of an expert task force working together with Mass General Brigham Health System and its Spaulding Rehabilitation Network to publish a study on the role of mHealth in...

at 20:22
Inc. Magazine Unveils Its Annual List of America's Fastest-Growing Private Companies?the Inc. 5000 Azon Medical Ranks No. 598 on the 2020 Inc. 5000 Inc. magazine has revealed that Azon Medical is No. 598 on its annual Inc. 5000 list, the most...

at 20:04
Violet Defense, the only known manufacturer of pulsed Xenon UV disinfection devices that can be installed and operated autonomously, has announced that its technology has been independently validated to kill up to 99.99% of Human coronavirus, strain...

at 20:00
"Seoul Made" PPE kits designed with Korean cultural themes and made by small businesses in Seoul, was delivered to New York on August 13th With many stakeholders of New Jersey, New York, Brooklyn, Chamber of Commerce, and other related agencies...

at 18:51
Lifeloc Technologies, Inc. , a global leader in the development and manufacturing of breath alcohol and drug testing devices, has announced financial results for the second quarter and for the six months ended June 30, 2020....



News published on 7 december 2019 at 14:30 and distributed by: