Abbvie Inc
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Health Care : Biotechnology | Large Cap Value
Company profile

AbbVie Inc. (AbbVie) is a research-based biopharmaceutical company. The Company is engaged in the discovery, development, manufacture and sale of a range of pharmaceutical products. Its products are focused on treating conditions, such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus (HIV); neurological disorders, such as Parkinson's disease and multiple sclerosis; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis, and other serious health conditions. It offers products in various categories, including HUMIRA (adalimumab), Oncology products, Virology Products, Additional Virology products, Metabolics/Hormones products, Endocrinology products and other products, which include Duopa and Duodopa (carbidopa and levodopa), Anesthesia products and ZINBRYTA (daclizumab).

Closing Price
$107.91
Day's Change
1.02 (0.95%)
Bid
--
Ask
--
B/A Size
--
Day's High
108.55
Day's Low
107.14
Volume
(Above Average)
Volume:
8,207,672

10-day average volume:
7,055,703
8,207,672

INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against XL Fleet Corp. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

12:50 am ET March 19, 2021 (Accesswire) Print

LOS ANGELES, CA / ACCESSWIRE / March 19, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against XL Fleet Corp. ("XL Fleet" or "the Company") (NYSE:XL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Image: https://s.yimg.com/ny/api/res/1.2/dcFdVIHIEaiFSr3FM.Ze2A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTk3LjgwODIxOTE3ODA4MjI-/https://s.yimg.com/uu/api/res/1.2/Bhjdefa3tlDOoNSe6leZhQ--~B/aD02ODt3PTI5MjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/accesswire.ca/2d6c4b563b48ee61eb7d119502ac7dd9

Investors who purchased the Company's securities between October 2, 2020 and March 2, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before May 7, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. XL Fleet pressured its salespeople to inflate their pipeline of potential sales to artificially boost the Company's backlog of orders. Out of the Company's 33 customers, at least 18 were inactive and hadn't placed orders since 2019. The Company's technology benefits were overstated, offering fleet savings of only 5% to 10%. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about XL Fleet, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:

https://www.accesswire.com/636417/INVESTOR-ACTION-ALERT-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-XL-Fleet-Corp-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

comtex tracking

COMTEX_382964964/2457/2021-03-19T00:50:54

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