Class Action Cases

Bristol-Myers Squibb Company

Join Class Action »

According to the Complaint, the Company made false and misleading statements to the market. The Joint Proxy filed with the SEC in connection with the merger stated that Celgene shareholders would receive CVRs exchangeable for $9.00 per share once “milestones” were achieved. Bristol-Myers took steps to avoid paying CVR shareholders including making defective filings to the FDA to delay the eventual approval of Liso-cel, resulting in a missed milestone payment. Based on these facts, the Company’s public statements were false and materially misleading throughout the merger period. When the market learned the truth about Bristol-Myers, former Celgene shareholders suffered losses.

Press Release

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Bristol-Myers Squibb Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, October 27, 2021 — The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Bristol-Myers Squibb Company (“Bristol-Myers” or “the Company”) (NYSE: BMY) on behalf of former shareholders of Celgene Corporation (“Celgene”) (Nasdaq: CELG) who received Contingent Value Rights (“CVRs”) (NYSE: BMY.RT)for violations of the federal securities laws.

Investors who received CVRs in exchange for their shares pursuant to Bristol-Myers’s $74 billion acquisition of Celgene on November 20, 2019 (“Merger”) are encouraged to contact the firm before December 6, 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. The Joint Proxy filed with the SEC in connection with the merger stated that Celgene shareholders would receive CVRs exchangeable for $9.00 per share once “milestones” were achieved. Bristol-Myers took steps to avoid paying CVR shareholders including making defective filings to the FDA to delay the eventual approval of Liso-cel, resulting in a missed milestone payment. Based on these facts, the Company’s public statements were false and materially misleading throughout the merger period. When the market learned the truth about Bristol-Myers, former Celgene shareholders suffered losses.

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

Cases

  • Drop files here or
    Accepted file types: xls, xlsx, doc, pdf, jpg, jpeg, Max. file size: 32 MB, Max. files: 5.
      You may redact your account numbers from your uploaded documents. The Schall Law Firm is committed to protecting the privacy of confidential information. Your documents will be securely held in AWS S3 and will only be used as proof of your transactions in connection with this matter.
    • Purchases
      MM slash DD slash YYYY
      If fractional shares, please round to the nearest whole number.
    • Sales
      MM slash DD slash YYYY
    • By submitting your information, you acknowledge that this form does not create an attorney-client relationship between yourself and The Schall Law Firm. Any information you submit will be maintained as confidential. The Schall Law Firm, in its sole discretion, will contact you if it requires further information from you.