Anheuser-Busch InBev SA/NV (NYSE: BUD)
Anheuser-Busch InBev SA/NV
Stock Symbol: BUD
Class Period Start: 03/01/2018
Class Period End (inclusive): 03/01/2018
Filing Deadline: 08/20/2019
Court: Southern District of New York
The law firm of Barbuto & Johansson, P.A., and Director of Client Relations Neil Rothstein, Esq. remind investors that they have until August 20th, 2019 to file lead plaintiff applications in a securities class action lawsuit against Anheuser-Busch.
Anheuser-Busch and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On October 25, 2018, the Company disclosed its Q3 and 9 months 2018 results, revealing that it had slashed dividends by 50% to “accelerate deleveraging toward our optimal capital structure of around a 2x net debt to EBITDA ratio” contradicting prior positive statements made by the Company regarding its deleveraging outlook and financial condition.
On this news, the price of Anheuser-Busch’s ADS declined approximately 9.5%.
If you purchased securities of Anheuser-Busch. and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, please contact one of our attorneys. Call the firm today at (561) 444-7980 and/or fill out the form to the right.
The case is City of Sterling Heights General Employees’ Retirement System v. Anheuser-Busch Inbev, 19-cv-5854. Click here to read full case complaint.