Press release
Deadline on April 3rd coming up in Lawsuit for Investors in Honda Motor Co., Ltd. (NYSE: HMC)
A Deadline is coming up on April 3, 2023in the lawsuit for certain investors in Honda Motor Co., Ltd. (NYSE: HMC).
Investors who purchased shares of Honda Motor Co., Ltd. (NYSE: HMC) have certain options and there are strict and short deadlines running. Deadline: April 3, 2023. NYSE: HMC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Honda Motor Co., Ltd. (NYSE: HMC) common shares between June 20, 2018 and September 28, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 20, 2018 and September 28, 2022, the defendants made false statements and/or concealed that Honda Motor Co., Ltd. had overstated the safety and effectiveness of the Idle Stop engine feature that Honda Motor Co., Ltd. maintained deficient disclosure controls and procedures with respect to product quality and safety, that as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature, that the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Honda Motor Co., Ltd. (NYSE: HMC) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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.
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