The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Stellantis N.V. (“Stellantis” or the “Company”) (NYSE: STLA) common stock between February 26, 2025 and February 5, 2026, inclusive (the “Class Period”). Stellantis investors have until June 8, 2026 to file a lead plaintiff motion.
IF YOU SUFFERED A LOSS ON YOUR STELLANTIS N.V. (STLA) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.
You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com.
What Happened?
On February 6, 2026, Stellantis disclosed that a “reset” of its business had “resulted in charges of approximately €22.2 billion … including cash payments of approximately €6.5 billion, which are expected to be paid over the next four years.” The Company explained that the reset and charges were due in significant part to the need to shift organizational priorities, stakeholder relationships, supply chains, execution, and quality control due to “an initial overestimation of pace of adoption of electrification in the regions.” Specifically, the Company cited “substantially reduced volume and profitability expectations for [battery-powered electric vehicles (“BEV”)] products.”
On this news, Stellantis’s stock price fell $2.26, or 23.7%, to close at $7.28 per share on February 6, 2026, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company was not truly equipped or positioned to grow its adjusted operating income as forecasted; (2) the electrification market was either not truly growing as Defendants claimed or that Stellantis was not well positioned to capitalize upon it and convert the opportunity to growth; (3) Stellantis would ultimately be required to take on considerable charges to adjust its priority, focus, and overall execution in a shift away from BEV; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you purchased Stellantis common stock, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:
Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Telephone: 310-914-5007
Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260414931621/en/
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