0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
|Company Name:||Tesla Inc|
|Stock Symbol :||NASDAQ: TSLA|
|Class Period Start:||05/04/2016|
|Class Period End:||10/06/2017|
|Lead Plaintiff motion:||12/11/2017|
|Type of Case:||Securities Class Action|
|Court:||U.S. District Court for the Northern District of California|
Thieler Law Corp advises investors with losses exceeding $100,000 of the December 11, 2017 lead plaintiff deadline in a class action lawsuit filed against Tesla Inc (NASDAQ: TSLA) (“Tesla” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Tesla Inc securities between May 4, 2016 and October 6, 2017, have until December 11, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.
If you purchased Tesla Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing firstname.lastname@example.org . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.
The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that contrary to defendants’ representations that Tesla was prepared for the launch of its Model 3 sedan, in reality, Tesla had severely inadequate inventory and was woefully unprepared to launch its Model 3 sedan as anticipated; and as a result, Tesla’s public statements were materially false and misleading at all relevant times.
On this news, NASDAQ: TSLA fell $13.94, or 3.91%, to close at $342.94 on October 9, 2017, damaging investors.
If you were negatively impacted by your investment in Tesla Inc securities between May 4, 2016 and October 6, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.
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Thieler Law Corp
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