Press release
Lawsuit filed for Investors with losses from shares of Stellantis N.V. (NYSE: STLA)
A lawsuit was filed on behalf of investors in Stellantis N.V. (NYSE: STLA) shares over alleged securities laws violations.
Investors who purchased a significant amount of shares of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, have certain options and for certain investors are short and strict deadlines running. Deadline: October 15, 2024. NYSE: STLA investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Netherlands based Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. On July 25, 2024, Stellantis released its semi-annual financial report for the first six months of 2024, revealing that the Company had missed consensus estimates and were expecting a disappointing "near-term outlook." Shares of Stellantis N.V. (NYSE: STLA) declined from $29.51 per share in March 2024, to $15.12 per share on August 13, 2023.
According to the complaint the plaintiff alleges on behalf of purchasers of Stellantis N.V. (NYSE: STLA) common shares between February 15, 2024 and July 24, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 15, 2024 and July 24, 2024, the defendants misled investors concerning Stellantis' full year outlook.
Those who purchased shares of Stellantis N.V. (NYSE: STLA) 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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