Shareholders Foundation, Inc.

Daimler AG (OTCMKTS:DDAIF) Investor Investigation over Possible Violations of Securities Laws

An investigation for investors in Daimler AG (OTCMKTS:DDAIF) shares over potential securities laws violations by Daimler AG was announced and OTCMKTS:DDAIF stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 08/10/2017 -- An investigation was announced for investors of Daimler AG (OTCMKTS:DDAIF) shares over potential securities laws violations by Daimler AG in connection with certain financial statements.

Investors who purchased shares of Daimler AG (OTCMKTS:DDAIF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by Daimler AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On July 25, 2017, a lawsuit was filed in U.S. District Court for the District of New Jersey against Porsche AG, Volkswagen AG, Audi AG, BMW AG, and Mercedes-Benz USA, alleging violations of federal antitrust laws.

Specifically, the complaint alleges that since 2006, the carmakers conspired "to share commercially-sensitive information and reach unlawful agreements" in order "to impose a German automobile premium on consumers premised on superior German engineering, while secretly stunting incentives to innovate."

Then on July 28, 2017, a similar complaint was filed in U.S. District Court for the Northern District of California, and another complaint was filed in the District of New Jersey.

Shares of Daimler AG (OTCMKTS:DDAIF) declined to $69.33 per share on July 31, 2017.

On August 9, 2017, shares of Daimler AG (OTCMKTS:DDAIF) closed at $70.50 per share.

Those who purchased shares of Daimler AG 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