EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Renault SA – RNLSY

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Renault SA (OTC: RNLSY) resulting from allegations that Renault may have issued materially misleading business information to the investing public.

On November 19, 2018, The Wall Street Journal reported that Renault’s Chief Executive Officer and Nissan’s Chairman, Carlos Ghosn, had been arrested on financial charges. According to the article, Nissan intended to oust Ghosn from his post after uncovering significant misconduct. Renault owns a 43% stake in Nissan. Following this news, Renault’s stock fell $1.04 per share or approximately 7% to close at $13.67 per share on November 19, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Renault investors. If you purchased shares of Renault please visit the firm’s website at https://www.rosenlegal.com/cases-1467.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

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