NEW YORK, February 8, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Honda Motor Co., Ltd..
Shareholders who purchased shares of HMC during the Class Period are encouraged to contact the company regarding the potential appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.
CONTACT US HERE:
COURSE PERIOD: This lawsuit is on behalf of a class of individuals and entities that purchased or otherwise acquired Honda U.S. Deposit Stock between June 20, 2018 And September 28, 2022both dates inclusive.
ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Honda overestimated the safety and effectiveness of the stop function the Idle Stop engine; (ii) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (iii) due to the above deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles containing a defective idle stop feature; (iv) the foregoing conduct has exposed the Company and/or its affiliates to increased risk of litigation, as well as financial and/or reputational harm; and (v) as a result, the Company’s public statements were materially false and misleading at all material times.
DEADLINE: April 3, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/honda-class-action-submission-form/?id=36307&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of HMC during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a principal applicant is April 3, 2023. There is no cost or obligation for you to participate in this deal.
WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.
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