The Gross Law Firm Reminds Methode Electronics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2024 - MEI

Group 1 - The Gross Law Firm has issued a notice to shareholders of Methode Electronics, Inc. regarding a class action lawsuit for shareholders who purchased shares during the specified class period from December 2, 2021, to March 6, 2024 [1] - The allegations against Methode Electronics include failure to disclose significant operational issues during the COVID-19 pandemic, including loss of skilled employees and production planning deficiencies [1] - The company is accused of logistical defects at its Monterrey facility, which hindered the launch of new electric vehicle (EV) programs and affected revenue projections [1] Group 2 - Shareholders are encouraged to register for the class action by the deadline of October 25, 2024, to potentially be appointed as lead plaintiffs [2] - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2] - There is no cost or obligation for shareholders to participate in the class action [2]