Investors urged to act as Stellantis claims investigated

Faruqi & Faruqi, LLP, a prominent national securities law firm, is investigating potential claims against Stellantis N.V. following significant financial losses reported by the company. Between February 15, 2024, and July 24, 2024, investors who suffered losses exceeding $100,000 are encouraged to contact the firm to discuss their legal options. The investigation stems from allegations that Stellantis and its executives made misleading statements regarding inventory levels and market performance, which ultimately led to a sharp decline in stock prices. On July 25, 2024, Stellantis announced disappointing financial results for the first half of the year, revealing weak margins and high inventory levels in its U.S. operations. This announcement triggered a 7.7% drop in the company's stock price, highlighting the impact of operational challenges and the need for decisive actions to address these issues. The firm is also seeking information from whistleblowers and former employees to strengthen the case against Stellantis. Investors are reminded of the October 15, 2024, deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely legal action for those affected by the company's performance.