Class action lawsuit against Stellantis

[Eighty]

Just heard about this on the news. Something about Stellantis misleading investors.

Stockholder Alert: Robbins LLP Informs Stellantis N.V. Stockholders of the Class Action Filed Against STLA

Robbins LLP is Investigating Allegations that Stellantis N.V. (STLA) Misled Investors Regarding its Business Prospects ...

www.globenewswire.com

 

[nc_beagle]

The lawyers will be the only winners.

 

[Snekpete]

If you own individual stocks you know that this is very common and usually meaningless. As stated, it's just an income stream for lawyers.

 

[Pikeman_66]

If you own individual stocks you know that this is very common and usually meaningless. As stated, it's just an income stream for lawyers.

Yep, nothing of substance comes down to shareholders. The lawyers eat up the largest share of any recovered money.

 

[azzx]

Agreed - only the scum of the earth will benefit from such lawsuits.
And Zero $ to the folks who bought the products with many defects.

 

[HSKR R/T]

If you own individual stocks you know that this is very common and usually meaningless. As stated, it's just an income stream for lawyers.

I own Stellantis stocks. They were doing good earlier in years but have crapped out the last few months with the ****ty earnings reports and stale inventory