Market Overview

Glancy Prongay & Murray LLP Commences Investigation on Behalf of BMW AG


Prongay & Murray LLP
("GPM") announces an investigation on
behalf BMW AG ("BMW" or the "Company") (OTC: BMWYY)
for allegedly issuing false and/or misleading information to BMW
investors. To obtain information or aid in the investigation, please
visit the BMW investigation page on our website at

The investigation concerns whether BMW and certain of its officers
and/or directors have violated Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 by engaging in a long running conspiracy
to fix car prices.

On July 25, 2017, a complaint was filed against Porsche AG, Volkswagen
AG, Audi AG, BMW AG, and Mercedes-Benz USA (the, "German Carmakers")
alleging violations of federal antitrust laws. Specifically, the
complaint alleges that since 2006, the German Carmakers conspired "to
share commercially-sensitive information and reach unlawful agreements"
in order "to impose a German automobile premium on consumers premised on
superior German engineering, while secretly stunting incentives to

On this news, BMW share price declined in value, thereby damaging

Follow us for updates on Twitter:

If you purchased BMW securities, have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley
, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los
Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to,
or visit our website at
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

View Comments and Join the Discussion!