An investigation for consumers who purchased or leased a BMW from BMW AG (OTC:BMWYY) was announced.
San Diego, CA -- (SBWIRE) -- 09/06/2017 -- An investigation was announced for consumers who purchased or leased a BMW from BMW AG (OTC:BMWYY).
Consumers who purchased or leased a BMW from a Dealership from BMW AG (OTC:BMWYY), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by BMW AG (OTC:BMWYY) 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.
Those who purchased or leased a BMW from a Dealership from BMW AG (OTC:BMWYY), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
For more information on this press release visit:
Media Relations Contact
Email: Click to Email Michael Daniels