San Diego, CA -- (SBWIRE) -- 10/12/2022 -- An investigation was announced for current long-term investors in shares of Unilever PLC (NYSE: UL) concerning potential breaches of fiduciary duties by certain directors of Unilever PLC.

Investors who are current long term investors in Unilever PLC (NYSE: UL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: UL stocks follows a lawsuit filed against Unilever PLC over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: UL stocks, concerns whether certain Unilever PLC directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and misleading statements and failed to disclose that in July 2020, Ben & Jerry's board passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" as well as the risks attendant to the board's decision. Additionally, Unilever's s description of its legal risks was materially false and misleading because Unilever acknowledged that complying with all applicable laws and regulations was important but omitted discussing Ben & Jerry's boycott decision, which risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states ("Anti-BDS Legislation").

Shares of Unilever PLC (NYSE: UL) declined from $63.89 per share on January 18, 2022, to $43.11 per share on March 8, 2022.

Those who purchased shares of Unilever PLC (NYSE: UL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.