Delphi Technologies PLC
If you purchased Delphi Technologies PLC securities and would like to join the action, please click "Join This Action" below.
DELPHI CLASS ACTION: HALPER SADEH LLP ANNOUNCES FILING OF SHAREHOLDER CLASS ACTION LAWSUIT AGAINST DELPHI TECHNOLOGIES PLC; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM
May 7, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against Delphi Technologies PLC (NYSE: DLPH) in connection with the proposed sale of Delphi to BorgWarner Inc. The lawsuit seeks damages and/or equitable relief on behalf of Delphi shareholders under the federal securities laws.
The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Delphi shareholders vote in favor of the proposed sale of Delphi to BorgWarner. According to the complaint, the proxy statement contains materially incomplete and misleading information concerning, among other things, Delphi’s and BorgWarner’s financial projections and the analyses performed by Delphi’s financial advisor.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE OR YOU MAY REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.