Core Viewpoint - Rosen Law Firm is reminding investors who purchased Stellantis N.V. securities between February 15, 2024, and July 24, 2024, of the October 15, 2024, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Stellantis securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 15, 2024 [2]. - The lawsuit alleges that during the Class Period, Stellantis provided misleading information regarding its expected revenue for 2024, including claims of reduced inventory levels and positive cash flow, while concealing adverse facts [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in achieving significant settlements [3]. - The firm has been recognized for its performance in securities class action settlements, including a record settlement against a Chinese company and ranking first in 2017 for the number of settlements [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for clients [3].

Group 1 - Stellantis shares declined after announcing a management shakeup aimed at addressing a sales slump [1][2] - CFO Natalie Knight is replaced by Doug Ostermann, the COO of China, as part of the executive changes [1] - The company is facing challenges such as a slowing car market, excess inventory, and competition from China [2] Group 2 - CEO Carlos Tavares described the current period as "Darwinian" for the automotive industry, indicating the need for a strong management team to tackle upcoming challenges [2] - Stellantis has cut its outlook and reported a significant drop in U.S. sales, leading to a downgrade from Barclays [2] - Shares of Stellantis have decreased by over 40% since the beginning of the year, with a 3% drop noted in early trading following the management announcement [2]

NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Stellantis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WH ...

Stellantis to Announce Third Quarter 2024 Shipments and Revenues on October 31 AMSTERDAM, October 10, 2024 - Stellantis N.V. announced today that its Third Quarter 2024 Shipments and Revenues will be released on Thursday, October 31, 2024. A live webcast and conference call for the Third Quarter 2024 Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, October 31, 2024. The related press release and presentation materials will be posted under the Investors section of the Company's ...

American car brands Jeep, Ram, Dodge and Chrysler are struggling under their new owner. The European-American giant Stellantis is the world's fifth-largest automaker by volume, according to S&P Global Mobility. The 2021 merger of the French maker Groupe PSA and the American-Italian Fiat Chrysler promised billions of dollars of savings in synergies and new opportunities for brands spanning two continents to share the burden of developing costly new technologies such as electric vehicles and software. Some of ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA). Shareholders who purchased shares of STLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stellantis-loss-submission-form/?id=107509&from=4 CLASS PERIOD: February 15, 2024 to Jul ...

AUBURN HILLS, Mich., Oct. 9, 2024 /PRNewswire/ -- No tricks, all treats! The Chrysler brand is dressing up for the most spooktacular Halloween, announcing Chrysler Pacifica as the Official Minivan of Trunk or Treat, highlighting the "scary" good capability and "fiendishly" flexible family-friendly features of the Pacifica. No tricks, all treats! The Chrysler brand is dressing up for the most spooktacular Halloween, announcing Chrysler Pacifica as the Official Minivan of Trunk or Treat, highlighting the "sca ...

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Stellantis N.V. ("Stellantis" or the "Company") (NYSE: STLA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stellantis investors who were adversely affected by alleged securities fraud between February 15, 2024 and July 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/stellantis-lawsuit-submi ...

NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA). Shareholders who purchased shares of STLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stellantis-loss-submission-form/?id=107037&from=3 CLASS PERIOD: February 15, 2024 to ...

Stellantis N.V. (STLA) recently filed nine federal lawsuits against the United Auto Workers (UAW) and two dozen union locals to stop the union from initiating a mid-contract strike over delays in reopening an assembly plant in Illinois. The first lawsuit, filed on Oct. 4, 2024, accuses the UAW of lodging false grievances to justify mid-contract strikes that would breach the no-strike clause of their collective bargaining agreement. The lawsuit, filed in the U.S. District Court for the Central District of Ca ...