openPR Logo
Press release

Investigation announced for Investors in shares of Delphi Technologies PLC (NYSE: DLPH)

04-08-2020 03:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Delphi Technologies PLC (NYSE: DLPH) shares over potential securities laws violations.

An investigation for investors in Delphi Technologies PLC (NYSE: DLPH) shares over potential securities laws violations.

An investigation was announced over potential securities laws violations by Delphi Technologies PLC in connection with certain financial statements.

Investors who purchased shares of Delphi Technologies PLC (NYSE: DLPH), 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 focuses on whether a series of statements by Delphi Technologies PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

United Kingdom based Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. Delphi Technologies PLC declined from over $4.85 billion in 2018 to over $4.36 billion in 2019, and that its Net Income declined from $358 million in 2018 to $17 million in 2019.

On March 31, 2020, Delphi Technologies PLC announced that it received notice from BorgWarner regarding the Company's decision to draw on its credit facility. Borg Warner claims that Delphi's decision to draw on its credit facility represents a material breach of the buyout agreement announced earlier this year. Delphi Technologies PLC stated that it "determined it was prudent and in the best interests of the Company and its shareholders to draw down on its full $500 million revolving credit facility to best position the Company to weather the current market conditions."

Shares of Delphi Technologies PLC (NYSE: DLPH) declined from $16.30 per share on January 27, 2020 to as low as $6.39 per share on April 3, 2020.

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

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in shares of Delphi Technologies PLC (NYSE: DLPH) here

News-ID: 2002735 • Views: 384

More Releases from Shareholders Foundation

Investigation for Long-Term investors in NASDAQ: KNDI shares over possible Wrong …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Kandi Technologies Group Inc. Investors who are current long term investors in Kandi Technologies Group Inc (NASDAQ: KNDI) 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 current long term investors in NASDAQ: KNDI stocks follows a lawsuit filed
Investigation for Long-Term Investors in shares of Kirby Corporation (NYSE: KEX) …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Kirby Corporation. Investors who purchased shares of Kirby Corporation (NYSE: KEX) s 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 concerns whether certain Kirby Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders. Houston, TX based
Investigation announced for Investors in shares of Builders FirstSource, Inc. (N …
An investigation was announced concerning whether the takeover of Builders FirstSource, Inc. is unfair to NASDAQ: BLDR stockholders. Investors who purchased shares of Builders FirstSource, Inc. (NASDAQ: BLDR) and currently hold any of those NASDAQ: BLDR 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 concerns whether certain officers and directors of Builders FirstSource, Inc. breached their
Investigation for Investors in ANSDAQ: ENDP over possible Wrongdoing at Endo Int …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Endo International plc. Investors who are current long term investors in Endo International plc (NASDAQ: ENDP) 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 current long term investors in NASDAQ: ENDP stocks follows a lawsuit filed against Endo

All 5 Releases


More Releases for Del

Crop Production Market Research Report 2018-2025 | Top Key Players -Dole Food, F …
UpMarketResearch offers a latest published report on “Global Crop Production Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 93 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/33150 Crop Production Market research report delivers a close
Magia del Momento: Antonio Marra Solo Show
JanKossen Contemporary is pleased to present MAGIA DEL MOMENTO, Antonio Marra’s premiere solo show at the gallery, on view from September 7th to October 14th, 2017. Antonio Marra’s 3D paintings are simultaneously familiar and revolutionary. Although nostalgic of Frank Stella’s vibrantly coloured geometric works, Marra further enhances the experience of abstraction by injecting a shock of the unexpected. Using precise mathematical calculations, Marra introduces sculptural features that elevate his paintings.
OrionClick Holds Big Beach Cleanup in Marina del Rey
OrionClick is passionate about protecting and preserving the health of our oceans, beaches and coastal regions. Everyday we’re reminded of just how lucky we are to live, work and play in beautiful, sunny Southern California. So how did 7 out of the 10 dirtiest beaches wind up right here in Los Angeles? Good question! It never ceases to amaze us how much man-made debris is discarded on our local
Global Avocado Market 2016 - Del Rey Avocado, Simpson Farms, McDaniel Fruit Co., …
The Avocado Market report created by Markets N Research includes in-depth study of variable market trends and statistics by dynamic team of researchers. The report provides detailed information about the definition and specification, and focuses on overall analysis of the manufacturing process along with in-depth classification of segments based on applications, end-users, and product’s physical properties. The report delivers precise data relevant to competitive analysis based on regional insight along
Underpass Opening Set to Boost Costa del Sol Property Market
After almost five years of on-off construction, controversy and congestion, the San Pedro underpass is finally set to open in June this year. Traffic will flow fluidly between Marbella and the western Costa del Sol and breathe new life into this section of the Coast’s property market where many bargains are to be had. Adam Cornwell, Managing Director of Feltrim International selling property on the Costa del Sol comments, “The
A real insider tip for travelers in Umbria, the tulip festival „Festa del Tuli …
Normally one rather thinks of Holland when talking about tulips or tulip celebrations. So travelers to Italy might be astonished to hear that there is also a big tulip festival in Italy. Castiglione del Lago is a pittoresque little town, situated on a peninsula in the Trasimeno Lake, the "Umbrian Sea". There since 1956 the inhabitants celebrate every year in spring time the "Festa del Tulipano". The whole town is