Walmart Inc. (WMT)

WMT Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Walmart, Inc. and Encourages Investors to Contact the Firm 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Walmart, Inc. ("Walmart" or "the Company") (NYSE: WMT). The investigation concerns whether Walmart and certain of its officers and/or directors have violated federal securities laws.

 

On April 29, 2020, multiple media outlets reported on the filing of a class action lawsuit against Walmart, along with other food retailers, accusing them of illegally inflating the price of eggs sold in California amid skyrocketing demand due to the COVID-19 pandemic.  Following reports of the lawsuit, Walmart’s stock price fell $4.40 per share, or 3.44%, to close at $123.60 per share on April 29, 2020.

 

If you are aware of any facts relating to this investigation, or purchased Walmart shares, you can also contact Peretz Bronstein of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

© 2020 Bronstein, Gewirtz & Grossman, LLC

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BG&G is not affiliated to any of these companies. All respective trademarks are owned by the respective companies.