Class Action Reports

OTLY Class Action: Learn About the Oatly Lawsuit

Levi & Korsinsky, LLP

July 27, 2021

Levi & Korsinsky, LLP announces that an OTLY class action lawsuit has been filed on behalf of investors who purchased Oatly Group AB (OTLY) securities between May 20, 2021, and July 15, 2021. For more on the OTLY Lawsuit please contact us today.

 

 

According to the Oatly lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly’s statements about its operations, business, and prospects were misleading during the Class Period.

 

TO LEARN MORE ABOUT THE OTLY CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Oatly you have until September 24, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com