Levi & Korsinsky announces it has commenced an investigation of Daimler AG ("Daimler" or the "Company") (OTC PINK: DMLRY, DDAIF) concerning possible violations of federal securities laws.

On July 25, 2017, a class action was filed in U.S. District Court for the District of New Jersey against Porsche AG, Volkswagen AG, Audi AG, BMW AG, and Mercedes-Benz USA, alleging violations of federal antitrust laws. The complaint alleges that, beginning in 2006, the 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 innovate." On July 28, 2017, similar complaints were filed in the U.S. District Court for the Northern District of California and in the District of New Jersey. On news of the antitrust lawsuits, Daimler's share price has fallen sharply. To obtain additional information, go to:


or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

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