Last year, we spotlighted the Daimler AG opt-in recovery opportunity for investors brought forward by two groups of organizers – DRRT/TILP and Rotter – click here for the case spotlight.
On December 30, 2019, lawyers from TILP, representing more than 200 institutional investors that held Daimler stock from July 10, 2012 to July 20, 2018, filed in regional court in Stuttgart, Germany.
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This action, the first filed by TILP, still needs to make its way through the Germany court system. The complaint will now be served on the defendant with a deadline for a statement of defense. They plan to bring an additional action against Daimler on behalf of additional harmed investors later this year.
FRT has issued the following alerts to FRT Global Group Litigation clients:
- Update Alert: June 2019
- Full Alert: September 2018
For more information on this case or FRT Global Opt-In Litigation service, please contact us at firstname.lastname@example.org.
SETTLED CLAIMS I PASSIVE GROUP I ANTITRUST I FUTURE CLAIMS I OPT-IN MONITORING I OPT-OUT MONITORING
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