NEW YORK, July 09, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Unilever PLC ("Unilever" or the "Company") (NYSE:UL ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Unilever and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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Unilever is a British multinational consumer goods company which sells more than 400 products in over 190 countries, including Ben & Jerry's ice cream, which they acquired in 2000. In an attempt to preserve Ben & Jerry's longstanding "Social Mission," Unilever's acquisition of Ben & Jerry's included allowing for an independent board of directors, which was given primary responsibility for preserving and enhancing the objectives of the company's Social Mission (the "B&J Board").
More than 20 years after the acquisition, Ben & Jerry's remains a wholly owned subsidiary of Unilever with an independent board addressing the company's Social Mission. Since the acquisition, the B&J Board continued its Social Mission by engaging in promotions and advocacy across a host of issues concerning the environment, voter turnout, fair trade, and genetically modified organisms. Today, the B&J Board, chaired by Anuradha Mittal ("Mittal"), consists primarily of ...
Full story available on Benzinga.com