TESLA BRANDS SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in...
September 14 2018 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until October 9, 2018 to file lead
plaintiff applications in a securities class action lawsuit against
Tesla, Inc. (NasdaqGS: TSLA), if they purchased the Company’s
securities between August 7, 2018 and August 17, 2018, inclusive
(the “Class Period”). This action is pending in the United States
District Court for the Northern District of California.
Get Help
Tesla investors should visit us at
https://www.claimsfiler.com/cases/view-tesla-inc-securities-litigation-1
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti,
LLC are available to discuss your legal options.
About the Lawsuit
Tesla and certain of its executives are charged with making
materially false and misleading statements and/or failing to
disclose material facts during the Class Period, violating federal
securities laws.
On August 7, 2018, Tesla CEO Elon Musk stated via Twitter that
“[a]m considering taking Tesla private at $420. Funding secured,”
among other things, which sent Tesla shares soaring to $379.57.
From August 9-14, 2018, news agencies reported a SEC probe into the
tweets and that another comment by Musk regarding financial
advisors being retained for the transaction, was not true. Then, on
August 17, 2018, Musk conducted an interview lamenting his stress,
demands and mindset.
On this news, the price of Tesla’s shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180914005579/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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