YORK, March 1, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Honda
Motor Co., Ltd.
Shareholders who purchased shares of HMC during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class
consisting of persons and entities that purchased or otherwise
acquired Honda American Depository Shares between June 20, 2018 and September 28, 2022, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Honda had overstated
the safety and effectiveness of the Idle Stop engine feature; (ii)
Honda maintained deficient disclosure controls and procedures with
respect to product quality and safety; (iii) as a result of the
foregoing deficiencies, Honda failed to prevent American Honda from
marketing and selling thousands of vehicles that contained a
defective Idle Stop feature; (iv) the foregoing conduct subjected
the Company and/or its subsidiaries to a heightened risk of
litigation, as well as financial and/or reputational harm; and (v)
as a result, the Company's public statements were materially false
and misleading at all relevant times.
DEADLINE: April 3, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of HMC during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is April 3, 2023. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
SOURCE The Gross Law Firm