Investors File Class Action Lawsuits Against Mobileye and Other Companies Over Misleading Statements
Multiple law firms have initiated class action lawsuits against Mobileye Global Inc. and several other companies, alleging misleading statements and failure to disclose adverse facts.
- Class action lawsuits target Mobileye Global Inc., Future FinTech Group Inc., BioVie Inc., and British American Tobacco p.l.c. for alleged misleading statements.
- Investors allege Mobileye's failure to disclose excess inventory issues, impacting fiscal 2024 financial results.
- Future FinTech accused of stock price manipulation and legal risk understatement by its executives.
- BioVie Inc. allegedly failed to disclose clinical trial risks and data deviations due to COVID-19 pandemic.
- British American Tobacco accused of understating risks to its Premium American Cigarette Brands.