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PSNY Deadline: PSNY Investors Have Opportunity to Lead Polestar Automotive Holding UK PLC Securities Fraud Lawsuit Filed by The Rosen Law Firm
PSNYPolestar(PSNY) Prnewswire·2025-03-23 20:55

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Polestar Automotive Holding UK PLC securities between November 14, 2022, and January 16, 2025, about the March 31, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Polestar securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 31, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, defendants made materially false and misleading statements and failed to disclose significant issues, including materially misstated financial statements and understated internal control weaknesses [5]. - As a result of these misstatements, the defendants' claims regarding Polestar's business operations and prospects were deemed materially false and misleading [5].