Stellantis shareholders sue automaker in U.S. after disappointing earnings

Stellantis North American headquarters in Auburn Hills, Mich. — Stellantis (AUTOMOTIVE NEWS FILE PHOTO)

R

By:

Reuters

August 16, 2024 01:31 AM

NEW YORK — Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to fall.

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