An investigation on behalf of current long term investors in Volkswagen AG (OTC:VWAGY) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/01/2021 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Volkswagen AG was announced.
Investors who are current long term investors in Volkswagen AG (OTC: VWAGY) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in OTC: VWAGY stocks follows a lawsuit filed against Volkswagen AG over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: VWAGY stocks, concerns whether certain Volkswagen AG directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that between March 29, 2021 and March 30, 2021, the defendants made false and/or misleading statements and/or failed to disclose that "Voltswagen" was never going to be used by the Volkswagen, Volkswagen Group of America, Inc. ("VWoA"), or on any relevant vehicle, that Volkswagen, VWoA, and their spokespeople purposefully misled reporters regarding the now-purported "joke" and/or "promotion", and that as a result, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.
Those who purchased shares of Volkswagen AG (OTC: VWAGY) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.