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Class Action Cases

A class action has been filed on behalf of MO Investors. Click "Join this Class Action" above.

Attorneys

Altria Group, Inc.

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Zhang Investor Law announces a securities class action lawsuit on behalf of shareholders who bought shares of Altria Group, Inc. (NYSE: MO) from December 20, 2018 through September 24, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Altria Group, Inc. investors under the federal securities laws.

If you bought Altria Group, Inc. securities between December 20, 2018 through September 24, 2019, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Altria Group, Inc. – MO

New York, N.Y., October 20, 2019. Zhang Investor Law announces a securities class action lawsuit on behalf of shareholders who bought shares of Altria Group, Inc. (symbol)] between December 20, 2018 and September 24, 2019, inclusive (the “Class Period”).

To join the Altria Group, Inc. class action, go to http://zhanginvestorlaw.com/cases/altria-group-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.

According to the lawsuit, throughout the Class Period: (1) Altria had conducted insufficient due diligence into JUUL prior to the Company’s $12.8 billion investment, or 35% stake, in JUUL; (2) Altria consequently failed to inform investors, or account for, material risks associated with JUUL’s products and marketing practices, and the true value of JUUL and its products; (3) all of the foregoing, as well as mounting public scrutiny, negative publicity, and governmental pressure on e-vapor products and JUUL made it reasonably likely that Altria’s investment in JUUL would have a material negative impact on the Company’s reputation and operations; and (4) as a result, Altria’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 2, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/altria-group-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.