LOS ANGELES, CA / ACCESSWIRE / November 28, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against American Century Value Fund ("American Century Value Fund" or "the Fund") (NASDAQ:TWVLX) (NASDAQ:AVLIX, AVUYX, TWADX, ACLCX, AVURX, AVUGX, AVUDX) for violations of the federal securities laws.
Investors who purchased the Fund's securities from November 5, 2018 to the present, inclusive (the "Class Period"), are encouraged to contact the firm before January 10, 2022.
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 firstname.lastname@example.org.
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 Fund misrepresented its investment strategy in registration statements and prospectuses made publicly available to investors. The Fund used a "closet indexing" strategy yet charged high fees justified by purported active management. When the market learned the truth about American Century Value Fund, investors suffered damages.
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.
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SOURCE: The Schall Law Firm
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