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BAT Faces Lawsuit Over Securities
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Bronstein, Gewirtz & Grossman LLC files a class action lawsuit against British American Tobacco for alleged security law violations, focusing on understating risks of Premium American Cigarette Brands. Investors can claim damages if they bought BAT securities between February and December 2023.
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How might this lawsuit impact British American Tobacco's reputation and stock performance?
What measures could companies like BAT take to ensure transparent communication with investors regarding risks?
What regulatory changes or oversight could prevent similar alleged violations in the future?
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