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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Potential Antitrust Violations by German Automakers: Daimler/Mercedes-Benz; Volkswagen; Audi; Porsche; and BMW

/EIN News/ -- NEW YORK, July 31, 2017 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating Daimler/Mercedes-Benz; Volkswagen; Audi; Porsche; and BMW for potential violations of the federal antitrust laws.  If you or a family member owns a vehicle from one of these automakers with the model year 1996 or newer, and you are interested in discussing your options you are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, Ext. 9980.

The investigation concerns whether these companies unlawfully conspired from 1996 until at least 2015 to share commercially-sensitive information in order to impose a “German automobile premium” on consumers premised on superior German engineering, while secretly stunting incentives to innovate, as Daimler and Volkswagen recently admitted to European regulators.  Pomerantz is seeking redress for consumers and suppliers harmed by the automakers’ potential misconduct.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com