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Stock impact report

KENVUE ALERT: Bragar Eagel & Squire, P.C. is Investigating Kenvue Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Kenvue Inc. (KVUE) 
Company Research Source: GlobeNewswire
NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Kenvue Inc. (NYSE: KVUE) on behalf of long-term stockholders following a class action complaint that was filed against Kenvue on October 9, 2023 with a Class Period pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Kenvue’s initial public offering (the “IPO” or “Offering”). Our investigation concerns whether the board of directors of Kenvue have breached their fiduciary duties to the company. According to the lawsuit, the Registration Statement contained false and/or misleading statements and/or failed to disclose that: (1) Kenvue faces potential headwinds as a result of confirmed concerns about the efficacy of phenylephrine, which it knew or should have known; (2) Kenvue did not discuss risks relating to the efficacy Show less Read more
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