NEW YORK, NY / ACCESSWIRE / June 27, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against
Daimler AG ("Daimler" or "the Company") (OTC: DDAIF, DDAIY). The class action has been filed on behalf of a class consisting of all
persons or entities who purchased Daimler ADRs between February 22, 2012 through April 21, 2016, inclusive (the "Class
Period").
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the
Securities Exchange Act of 1934 (the "Exchange Act").
The complaint alleges that throughout the Class Period defendants issued false and misleading statements about Daimler's
compliance with emissions standards and Daimler's purported eco-friendly BlueTEC diesel engines. On April 21, 2016, Daimler said
that it is investigating at the request of the US Department of Justice "possible indications of irregularities" about its
certification process of exhaust emissions in the United States. Following this news, DDAIF stock dropped $3.63 per share or over
5% to close at $70.85 per share and DDAIY stock dropped $3.83 per share or over 5% to close at $70.76 per share on April 22,
2016.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint and join the action, you can visit
the firm's website: http://www.bgandg.com/#!daimler/to58x. To discuss this action, or if you have any questions, please contact
Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via
email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you
suffered a loss in Daimler you have until June 28, 2016 to request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action
security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Yael Hurwitz 212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
