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https://www.myhighplains.com/business/press- releases/cision/20240927NY16933/lost-money-on-stellantis-n-v-stla-join- class-action-suit-seeking-recovery-contact-levi-korsinsky/
NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Stellantis N.V. ("Stellantis" or the "Company") (NYSE: STLA)
of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of
Stellantis investors who were adversely affected by alleged securities
fraud between February 15, 2024 and July 24, 2024. Follow the link below
to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/stellantis-lawsuit-submission-
form?prid=105310&wire=4
STLA investors may also contact Joseph E. Levi, Esq. via email at
jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: According to the complaint, Stellantis issued a press
release on July 25, 2024, announcing its financial results for the first
half of 2024. The Company reported a steep drop in earnings that fell
below forecasts, citing weak margins and high inventory at its U.S.
operations. In addition, Stellantis's Chief Executive Officer Carlos
Tavares indicated that the Company was ready to dispose of underperforming brands in its portfolio, while Chief Financial Officer Natalie Knight
disclosed the need to take "decisive actions to address operational
challenges" in North America, including reducing production and prices for
the Company's vehicles. Following this news, Stellantis's stock price fell
over 7% the same day.
WHAT'S NEXT? If you suffered a loss in Stellantis during the relevant time frame, you have until October 15, 2024 to request that the Court appoint
you as lead plaintiff. Your ability to share in any recovery doesn't
require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to
compensation without payment of any out-of-pocket costs or fees. There is
no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky
has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a
team of over 70 employees to serve our clients. For seven years in a row,
Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top
50 Report as one of the top securities litigation firms in the United
States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
NOTE: This content is not written by or endorsed by "KAMR/KCIT", its advertisers, or Nexstar Media Inc.
--
We live in a time where intelligent people are being silenced so that
stupid people won't be offended.
Durham Report: The FBI has an integrity problem. It has none.
No collusion - Special Counsel Robert Swan Mueller III, March 2019.
Officially made Nancy Pelosi a two-time impeachment loser.
Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.
President Trump boosted the economy, reduced illegal invasions, appointed dozens of judges and three SCOTUS justices.
--- SoupGate-Win32 v1.05
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