Rosen Law Firm announced on April 19 that purchasers of Stellantis N.V. common stock on the New York Stock Exchange between February 26, 2025 and February 5, 2026 have until June 8, 2026 to seek appointment as lead plaintiff in a pending securities class action lawsuit.
The case is significant for investors who may have suffered losses during the specified period due to alleged misstatements by Stellantis about its earnings growth potential and readiness for electric vehicle market changes. The law firm said that eligible shareholders may be entitled to compensation without paying out-of-pocket fees or costs through a contingency fee arrangement.
According to the complaint, “defendants made false and/or misleading statements and/or concealed material adverse facts concerning the true state of Stellantis’ earnings growth potential, notably, that Stellantis was not truly equipped or positioned to grow its adjusted operating income (AOI) as forecasted; that electrification was either not truly growing as defendants claimed or that Stellantis was not well positioned to capitalize upon it and convert the opportunity to growth.” The lawsuit further alleges that when these details became public, investors experienced damages.
Rosen Law Firm encouraged affected shareholders to consider their choice of counsel carefully. “We encourage investors to select qualified counsel with a track record of success in leadership roles,” Rosen Law Firm said. The firm highlighted its experience in handling securities class actions globally and noted previous settlements achieved for investors.
No class has been certified yet in this case. Rosen Law Firm clarified: “Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point.”
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Investors interested in joining the litigation can find more information or submit forms via Rosen Law Firm’s website.
