LOS
ANGELES, Oct. 25, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Methode
Electronics, Inc. ("Methode" or "the Company") (NYSE: MEI) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of MEI during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: According to the Complaint, Methode attempt
to replace its General motors center console business with
diversified product offerings was marred by poor execution. The
Company's Monterrey facility suffered from many problems such as
logistical errors. The Company's EV product program fell behind
schedule, preventing sales.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
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SOURCE DJS Law Group LLP