07/11/2017 22:43:46

INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Tesla, Inc. (Nasdaq: TSLA) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit

Related content
09 Oct - 
SHAREHOLDER ALERT: TSLA PDD AMPE NVRO ORCL NLSN ZN SBGI..
08 Oct - 
The Klein Law Firm Reminds Investors of Class Actions o..
08 Oct - 
ATTENTION TESLA INVESTORS:  Kaskela Law LLC Announces O..
Related debate
15 Oct - 
For en gang skyld en positiv EU nyhed :) Man kan så kun..
15 Oct - 
EU frygter, at den europæiske bilindustri og dens 13 mi..
12 Oct - 
Hehe, det lyder som om vi er meget enige :)

STEVENSON, Md., Nov. 07, 2017 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of Tesla, Inc. (Nasdaq:TSLA) (“Tesla” or the “Company”) securities during the period between May 4, 2016 through October 6, 2017, inclusive (the “Class Period”).  Investors who wish to become proactively involved in the litigation have until December 11, 2017 to seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.  The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action.  The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Tesla securities during the Class Period.  Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff.  No class has yet been certified in the above action.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the Class Period that Tesla had severely inadequate inventory and was woefully unprepared to launch Model 3 sedan as anticipated.

According to the complaint, following an October 6, 2017 article regarding Tesla’s production delays, the value of Tesla shares declined significantly.

If you have suffered a loss in excess of $100,000 from investment in Tesla securities purchased on or after May 4, 2016 and held through the revelation of negative information during and/or at the end of the Class Period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at https://www.browerpiven.com/casesandinvestigations.html.  You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.  If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice.  You need take no action at this time to be a member of the class.

CONTACT:  Charles J. Piven

Brower Piven, A Professional Corporation

1925 Old Valley Road

Stevenson, Maryland 21153

Telephone: 410-415-6616

hoffman@browerpiven.com

 

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
15 Oct
TSLA
EU frygter, at den europæiske bilindustri og dens 13 mio. ansatte vil blive tabt i kapløbet om masse..
5
11 Oct
TSLA
Jeg har en god shortposition i Tesla men overvejer at træde ud nu. Den er ekstremt volatil (nærmest ..
1

Regulatory news

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Publicis Groupe: Third Quarter 2018 Revenue
2
Nexus Energy Services, Inc. Corporate Update
3
Total Voting Rights
4
Spectrum ASA: Purchase of Shares
5
Premier explores Bermuda economic synergies with Florida in Miami talks with region’s business leaders

Related stock quotes

Tesla Inc 264,24 -2.8% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 October 2018 19:44:21
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181005.3 - EUROWEB5 - 2018-10-18 20:44:21 - 2018-10-18 19:44:21 - 1000 - Website: OKAY