BALTIMORE--(BUSINESS WIRE)--The law firm of Brower Piven, A Professional Corporation, is investigating potential claims on behalf of purchasers of Mitsubishi Motors Corp. (“Mitsubishi” or the “Company”) (OTC: MMTOF) securities. This investigation concerns whether Mitsubishi and certain of its officers and/or directors violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the “Exchange Act”).
On April 20, 2016, pre-market, Mitsubishi announced that “[Mitsubishi Motors Corp.] conducted testing improperly to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law.” Following this news, Mitsubishi stock dropped as much as $0.91, or 12.04%, during intraday trading on April 20, 2016.
If you would like to learn more about these claims, you may contact Brower Piven either by email at email@example.com or by telephone at (410)415-6616. Anyone with information regarding the Company’s conduct, including whistleblowers, former employees, shareholders and others, are also encouraged to contact the firm.
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.