Take Action Now: Protect Your Investment with Rosen, a Leading Investor Rights Law Firm, in the Rite Aid Corporation Securities Class Action
NEW YORK, April 22, 2023 (GLOBE NEWSWIRE) —
WHY:
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 26, 2018 and March 13, 2023, both dates inclusive (the “Class Period”), of the important May 19, 2023 lead plaintiff deadline in the securities class action lawsuit filed on behalf of investors who purchased the securities during the Class Period.
During the Class Period, Rite Aid Corporation made materially false and/or misleading statements and failed to disclose adverse facts about its business, operations, and prospects. Specifically, Rite Aid Corporation failed to disclose that it overstated its ability to manage channel inventories and that its financial results were materially false and misleading. As a result of this information being withheld from investors, Rite Aid Corporation securities traded at artificially inflated prices during the Class Period.
If you suffered a loss on your Rite Aid Corporation investments or would like to inquire about potentially compensable damages represented by Rosen Law Firm, please visit https://rosenlegal.com/cases-2226.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
NO COST: To join the class action, go to https://rosenlegal.com/cases-2226.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
Effect on You:
As an investor in Rite Aid Corporation, the securities class action lawsuit may have a significant impact on your investment. If you purchased Rite Aid Corporation securities between April 26, 2018 and March 13, 2023, it is important to take action now to protect your investment. By joining the class action led by Rosen Law Firm, you may be able to recover compensable damages for any losses suffered during the Class Period.
Effect on the World:
The securities class action against Rite Aid Corporation highlights the importance of transparency and accountability in the financial sector. When companies fail to disclose material information that could impact investors, it undermines the integrity of the market. By holding companies accountable for their actions, investor rights law firms like Rosen Law Firm play a crucial role in ensuring that investors are protected and that companies are held responsible for any wrongdoing.
Conclusion:
It is essential to take action now to protect your investment in Rite Aid Corporation by joining the securities class action led by Rosen Law Firm. By doing so, you can seek to recover compensable damages for any losses incurred during the Class Period. This case not only has implications for individual investors but also serves as a reminder of the importance of corporate transparency and accountability in the financial world.
