(NewMediaWire) - October 02, 2024 - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Stellantis N.V. (“Stellantis” or the “Company”) (NYSE: STLA) securities between February 15, 2024 and July 24, 2024 (the “Class Period”).If you are an investor in Stellantis and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than October 15, 2024 to serve as a lead plaintiff for the purported class. If you have losses, we encourage you to contact us to learn more about the lead plaintiff process.
On July 25, 2024, Stellantis disclosed in a press release announcing its first half 2024 financial results that “[t]he Company’s performance in the first half of 2024 fell short of our expectations reflecting both a challenging industry context as well as our own operational issues.” Further, Stellantis’ press release states that “corrective actions were needed and are being taken to address these issues.” According to the complaint, the Company “results missed consensus and [was] expecting a disappointing ‘near-term outlook.’”
On this news, the price of Stellantis fell $1.94 per share, nearly 10% over the next two trading days to close at $17.66 on July 26, 2023.
WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.
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If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
