Altria Group, Inc. Class Action Lawsuit - MO

Company
Altria Group, Inc. (NYSE: MO)
Class Period
April 3, 2020 - April 3, 2025

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Allegations

The filed complaint alleges that Altria Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: On April 2, 2025, Deutsche Bank downgraded Altria to "Hold" from "Buy", citing, in part, regulatory uncertainty after the U.S. International Trade Commission ruled that Altria's NJOY ACE e-vapor products infringe on patents owned by Juul Labs. Following this news, Altria's stock price fell over 2% on the same day.

Eligibility

In order to be eligible to join the MO class action lawsuit, you must have incurred a loss on shares of Altria Group, Inc. purchased during the class period listed above.

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