NEW YORK,
March 29,
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:
https://securitiesclasslaw.com/securities/honda-class-action-submission-form/?id=37745&from=4
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:
https://securitiesclasslaw.com/securities/honda-class-action-submission-form/?id=37745&from=4
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.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm