Law firm Bragar Eagel & Squire investigates potential claims against Mobileye Global Inc. over undisclosed inventory issues and their impact on fiscal 2024 financial results.
Law firm Bragar Eagel & Squire investigates potential claims against Mobileye Global Inc. (NASDAQ:MBLY) over a class action complaint filed on Jan 16, 2024. The investigation concerns whether Mobileye's board breached fiduciary duties regarding undisclosed inventory issues and their impact on fiscal 2024 financial results. The lawsuit alleges Mobileye failed to disclose excess inventory held by Tier 1 customers and the risk they would buy less product, leading to potential claims for long-term stockholders.
April 23, 2024
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