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PSNY Investors Have Opportunity to Lead Polestar Automotive Holding UK PLC Securities Fraud Lawsuit Filed by The Rosen Law Firm
PSNYPolestar(PSNY) Prnewswire·2025-02-03 20:25

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Polestar Automotive Holding UK PLC securities for the period between November 14, 2022, and January 16, 2025, due to alleged misleading statements and financial misstatements [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Polestar's financial statements were materially misstated and that the company understated its internal control weaknesses [5]. - Defendants allegedly made false and misleading statements regarding Polestar's business operations and prospects throughout the Class Period [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must file a motion with the court by March 31, 2025, to represent other class members [3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].