NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether Oatly Group AB (“Oatly” or the “Company”) (NASDAQ: OTLY) and certain of its officers and directors violated federal securities laws. If you purchased or otherwise own Oatly shares, and have suffered a loss, you are encouraged to contact Jonathan Zimmerman at (888) 398-9312 for more information.
Oatly is the world’s original and largest oatmilk company. On July 14, 2021, Spruce Point Capital Management published a report accusing Oatly of misleading investors by omitting or manipulating key facts in public filings concerning its revenue and margins, as well as its “green” credentials.
On this news, Oatly’s shares immediately declined, falling 6.29% premarket.
What You Can Do
If you purchased or otherwise own Oatly securities, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312, or at email@example.com.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, Virginia, California, and Ohio.