The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the Central District of California on behalf of investors who purchased Daimler AG (“Daimler”) (OTC: DDAIF, DDAIY) American Depositary Shares (ADRs) between February 22, 2012 and April 21, 2016.
The complaint alleges that throughout the Class Period defendants issued false and misleading statements about Daimler’s compliance with emissions standards and Daimler’s purported eco-friendly BlueTEC diesel engines. On April 21, 2016, Daimler disclosed the commencement of an internal investigation regarding its certification process related to exhaust emissions in the United States, and that this investigation was commenced at the request of the U.S. Department of Justice.
If you suffered a loss in Daimler you have until June 28, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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