Lawsuit for Investors in Shares of Daimler AG (OTCMKTS:DDAIF, OTCMKTS:DDAIY) over Alleged Securities Laws Violations Filed

A lawsuit was filed on behalf of investors in Daimler AG (OTCMKTS:DDAIF, OTCMKTS:DDAIY) shares over alleged securities laws violations and OTCMKTS:DDAIF, OTCMKTS:DDAIY investors should contact the Shareholders Foundation.

Logo

San Diego, CA -- (SBWire) -- 05/04/2016 --An investor, who purchased shares of Daimler AG (OTCMKTS:DDAIF, OTCMKTS:DDAIY), filed a lawsuit in California over alleged Securities Laws violations by Daimler AG.

Investors who purchased a significant amount of shares of Daimler AG (OTCMKTS:DDAIF, OTCMKTS:DDAIY) between February 22, 2012 through April 21, 2016 have certain options and for certain investors are short and strict deadlines running. Deadline: June 28, 2016. OTCMKTS:DDAIF, OTCMKTS:DDAIY investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff alleges on behalf of purchasers of Daimler AG (OTCMKTS:DDAIF, OTCMKTS:DDAIY) common shares between February 22, 2012 through April 21, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 22, 2012 through April 21, 2016 defendants issued false and misleading statements about Daimler's compliance with emissions standards and Daimler's purported eco-friendly BlueTEC diesel engines

On April 21, 2016, Daimler AG announced that is investigating "possible indications of irregularities" regarding its certification process of exhaust emissions in the United States at the request of the US Department of Justice.

Shares of Daimler AG declined to $70.09 per OTCMKTS:DDAIF share, respectively $70.12 per OTCMKTS:DDAIY share, on April 22, 2016.

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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/686572