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VWAGY Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Volkswagen AG Shareholders of Class Action and Lead Plaintiff Deadline: June 29, 2021

June 22, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Jun 22, 2021--

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Volkswagen AG (“Volkswagen” or the “Company”) (OTC: VWAGY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Volkswagen securities between March 29, 2021 and March 30, 2021, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/vwagy.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

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The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (1) “Voltswagen” was never going to be used by the Volkswagen, Volkswagen Group of America, Inc. (“VWoA”), or on any relevant vehicle; (2) Volkswagen, VWoA, and their spokespeople purposefully misled reporters regarding the now-purported “joke” and/or “promotion”; and (3) as a result, Defendants’ public statements and statements to journalists were materially false and/or misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/vwagyor you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Volkswagen you have until June 29, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210622006049/en/

CONTACT: Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Hurwitz

212-697-6484 |info@bgandg.com 

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Copyright Business Wire 2021.

PUB: 06/22/2021 04:06 PM/DISC: 06/22/2021 04:06 PM

http://www.businesswire.com/news/home/20210622006049/en