An investigation for investors of MITSUBISHI MOTOR shares over potential securities laws violations by Mitsubishi Motors Corporation and certain of its directors and officers in connection with the fuel consumption testing manipulation was announced.
Investors who purchased shares of MITSUBISHI MOTOR C NPV (OTCMKTS:MMTOF), 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 focuses on whether a series of statements by Mitsubishi Motors Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 20, 2016, Mitsubishi Motors Corporation announced improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation. Mitsubishi Motors Corporation admitted to manipulating test data to overstate the fuel economy of 625,000 cars sold in Japan. Shares of MITSUBISHI MOTOR C NPV (OTCMKTS:MMTOF) declined on April 27, 2016 to as low as $3.83 per share.
Those who purchased OTCMKTS:MMTOF 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