San Diego, CA -- (SBWIRE) -- 03/03/2021 -- An investigation on behalf of investors in shares of Bayerische Motoren Werke Aktiengesellschaft (BMWYY, BAMXF) concerning potential breaches of fiduciary duties by certain directors and officers of Bayerische Motoren Werke Aktiengesellschaft was announced.

Investors who are investors in Bayerische Motoren Werke Aktiengesellschaft (BMWYY, BAMXF) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in BMWYY, BAMXF stocks follows a lawsuit filed against Bayerische Motoren Werke Aktiengesellschaft over alleged securities laws violations. The investigation on behalf of current long term investors in BMWYY, BAMXF stocks, concerns whether certain Bayerische Motoren Werke Aktiengesellschaft (BMWYY, BAMXF officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 3, 2015 and September 24, 2020, the defendants made false and/or misleading statements and/or failed to disclose that BMW kept a "bank" of retail vehicle sales that it used to meet internal monthly sales targets regardless of when the sales actually occurred, that BMW artificially manipulated sales figures by having dealers register cars as sold when the cars were still in inventory, that as a result, BMW's key operating metrics were inaccurate and misleading, and that as a result, defendants' statements about BMW's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Bayerische Motoren Werke Aktiengesellschaft ("BMW") (BMWYY, BAMXF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.