Cases
Volkswagen Aktiengesellschaft
Securities Class Action
Overview
Overview
- Date:
- 10/11/2017
- Company Name:
- Volkswagen Aktiengesellschaft
- Stock Symbol:
- VLKAF,VLKAY,VLKPF,VLKPY
- Class Period:
- FROM 3/14/2013 TO 7/26/2017
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Eastern District of New York
NEW YORK, October 11, 2017 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Mazor Robotics, Inc. (Volkswagen Aktiengesellschaft (OTC: VLKAF, VLKAY, VLKPF, VLKPY) securities between March 14, 2013 and July 26, 2017 (the “Class Period”). Investors have until October 30, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that, throughout the Class Period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Volkswagen AG wrongfully colluded with other auto manufacturers on a range of technical and pricing issues for decades; (2) as a result, Volkswagen AG's public statements were materially false and misleading at all relevant times. On July 21, 2017, Bloomberg reported that "BMW, Daimler and Volkswagen's VW, Audi, Porsche brands met starting in the 1990s to coordinate activities related to their vehicle technology, costs, suppliers and strategy as well as emissions controls in diesel engines..."
If you purchased or otherwise acquired Volkswagen securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint alleges that, throughout the Class Period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Volkswagen AG wrongfully colluded with other auto manufacturers on a range of technical and pricing issues for decades; (2) as a result, Volkswagen AG's public statements were materially false and misleading at all relevant times. On July 21, 2017, Bloomberg reported that "BMW, Daimler and Volkswagen's VW, Audi, Porsche brands met starting in the 1990s to coordinate activities related to their vehicle technology, costs, suppliers and strategy as well as emissions controls in diesel engines..."
If you purchased or otherwise acquired Volkswagen securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.