Press release
Tesla, Inc. (NASDAQ: TSLA) Long Term Investor Alert: Investigation of potential Wrongdoing
An investigation on behalf of current long-term investors in shares of Tesla, Inc. (NASDAQ: TSLA) concerning potential breaches of fiduciary duties by certain directors and officers of Tesla, Inc. was announced.Investors who are current long term investors in Tesla, Inc. (NASDAQ: TSLA) 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: TSLA stocks follows a lawsuit filed against Tesla, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TSLA stocks, concerns whether certain Tesla, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of Texas the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Tesla overstated the effectiveness of its autonomous driving technology, that there was thus a significant risk that the Company's autonomous driving vehicles, including the Robotaxi, would operate dangerously and/or in violation of traffic laws, that the foregoing increased the likelihood that Tesla would become subject to heightened regulatory scrutiny, that accordingly, Tesla's business and/or financial prospects were overstated, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Tesla, Inc. (NASDAQ: TSLA) 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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