Bronstein, Gewirtz & Grossman, LLC Notifies Volkswagen AG Shareholders of Class Action and Encourages Shareholders to Contact Firm
New York, New York – (Newsfile Corp. – May 20, 2021) – Bronstein, Gewirtz & Grossman, LLC informs investors that a class action lawsuit has been filed against Volkswagen AG (“Volkswagen” or the “Company”) (OTC Pink : VWAGY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Volkswagen securities between March 29, 2021 and March 30, 2021, both dates inclusive (the “Recourse Period”). These investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/vwagy.
This class action lawsuit seeks to recover damages against the defendants for alleged violations of federal securities laws under the Securities Exchange Act of 1934.
The complaint alleges that during the entire period of the action, the defendants made materially false and / or misleading statements and did not disclose that: (1) “Voltswagen” was never going to be used by Volkswagen, Volkswagen Group of America , Inc. “), or on any affected vehicle; (2) Volkswagen, VWoA and their spokespersons deliberately misled reporters about the now alleged” joke “and / or” promotion “; and ( 3) therefore, the defendants’ public statements and statements to journalists were materially false and / or misleading at all material times.
A class action has already been filed. If you would like to view a copy of the complaint, you can visit the company’s website: www.bgandg.com/vwagy or you can contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss at Volkswagen, you have until June 29, 2021 to ask the court to name you as the principal plaintiff. Your ability to participate in any recovery does not require you to act as the principal applicant.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our main expertise is the aggressive pursuit of litigation on behalf of our clients. In addition to representing institutions and other plaintiff investors in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Lawyer advertising. Past results do not guarantee similar results.
Bronstein, Gewirtz and Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/83398