Tesla(US:TSLA) Prnewswire·2025-09-26 13:00Core Viewpoint - A class action securities lawsuit has been filed against Tesla, Inc. alleging securities fraud related to overstated claims about its autonomous driving technology and the associated risks [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for Tesla investors who were affected by alleged securities fraud between April 19, 2023, and June 22, 2025 [1]. - The complaint claims that Tesla overstated the effectiveness of its autonomous driving technology, which posed significant risks of dangerous operation and potential violations of traffic laws [2]. - The lawsuit also suggests that these misrepresentations increased the likelihood of heightened regulatory scrutiny, thereby overstating Tesla's business and financial prospects [2]. Group 2: Participation Information - Investors who suffered losses during the specified timeframe have until October 3, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [2]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].