Kahn swick & foti, llc reminds investors with losses in excess of $100,000 of lead plaintiff deadline in class action lawsuit against altria group, inc

Kahn swick & foti, llc and ksf partner, former attorney general of louisiana, charles c. foti, jr., remind investors that they have untildecember 2, 2019 to file lead plaintiff applications in a securities class action lawsuit against altria group, inc., if they purchased the company's securities between december 20, 2018 and september 24, 2019, inclusive (the “class period”). this action is pending in the united states district court for the eastern district of new york. on december 20, 2018, the company announced a $12.8 billion investment in e-cigarette market-leader, juul labs, inc., equating to a 35% economic interest in juul. following several weeks of increased public and regulatory scrutiny of e-vapor products, on september 25, 2019, altria disclosed that discussions with philip morris over a $200 billion merger had ceased due to scrutiny of the vaping industry as well as the company’s 35% stake in juul.
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