Law Offices of Todd M. Garber Announces Investigation of Autoliv, Inc.
Law Offices of Todd M. Garber Announces Investigation of Autoliv, Inc.
LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Todd M. Garber announces that it is investigating potential claims on behalf of shareholders of Autoliv, Inc. ("Autoliv" or the "Company") (NYS: ALV) concerning possible breaches of fiduciary duties by the Company or its fiduciaries. The investigation focuses on certain statements issued by Autoliv between October 26, 2010 and August 1, 2011 concerning the Company's business practices with respect to its product pricing and potentially anti-competitive conduct.
Autoliv is based in Stockholm, Sweden, and through its subsidiaries engages in the development, manufacture and supply of automotive safety systems to the automotive industry. The investigation is related to allegations that the Company engaged in wrongful anti-competitive business practices with other automotive industry suppliers, which were designed to control the market prices of the products sold by Autoliv and others, thereby subjecting the Company to material undisclosed risks, including monetary and reputational risks.
In early 2011, a United States Department of Justice investigation of Autoliv for potential antitrust violations was followed by a June 2011 raid of Autoliv's German subsidiary by antitrust authorities of the European Commission seeking evidence of anti-competitive misconduct.
If you purchased Autoliv shares prior to October 26, 2010 and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
213-700-7262
info@toddgarberlaw.com
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
The article Law Offices of Todd M. Garber Announces Investigation of Autoliv, Inc. originally appeared on Fool.com.
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