Overview

A class action lawsuit has been filed against Stellantis N.V. (“Stellantis” or the “Company”) (NYSE: STLA) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws.  The Stellantis class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Stellantis securities between February 15, 2024, to July 24, 2024, both dates inclusive (the “Class Period”).  Investors have until October 15, 2024, to seek appointment as lead plaintiff of the Stellantis class action lawsuit.

Stellantis, formerly Fiat Chrysler Automobiles N.V., is a holding Company based in the Netherlands and operates as an automaker and a mobility provider.  The Company is engaged in designing, engineering, manufacturing, distributing, and selling vehicles, components, and production systems.

The Stellantis class action lawsuit alleges that Defendants provided investors with materially misleading information and/or failed to disclose important information pertinent to the investors, which included Defendant’s financial and operational problems, revenue lower than expected, and expansions of the business not turning in their favor.

On July 25, 2024, Stellantis issued a press release announcing their first half 2024 financial results and disappointing near-term revenue outlook.  On this news the price of Stellantis common stock declined from a closing market price of $19.60 per share on July 24, 2024, to $17.66 per share on July 26, 2024.

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If you purchased or otherwise acquired Stellantis securities between February 15, 2024, to July 24, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the Stellantis class action lawsuit is October 15, 2024.