NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Daimler AG (OTC: DDAIF, DDAIY) resulting from allegations that Daimler may have issued materially misleading business information to the investing public.
On April 21, 2016, Daimler announced that is investigating “possible indications of irregularities” regarding its certification process of exhaust emissions in the United States at the request of the US Department of Justice. On this news, shares of DDAIF fell $3.63 per share or over 5% to close at $70.85 per share on April 22, 2016 and shares of DDAIY fell $3.83 per share or over 5% to close at $70.76 per share on April 22, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Daimler investors. If you purchased shares of Daimler on or before April 21, 2016, please visit the firm’s website at http://www.rosenlegal.com/cases-885.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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