MBLY - MBLY DEADLINE ALERT: Hagens Berman National Trial Attorneys Alerts Mobileye Global (MBLY) Investors to Today's Lead Plaintiff Deadline in Securities Class Action | Benzinga

SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ:MBLY) investors who suffered substantial losses to submit your losses now.

Class Period: Jan. 26, 2023 – Jan. 3, 2024
Lead Plaintiff Deadline: Mar. 18, 2024
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Mobileye Global Inc. (MBLY) Securities Fraud Class Action:

The complaint alleges that Mobileye misrepresented and concealed that: (1) to avoid the shortages experienced amid supply chain constraints in 2021 and 2022, its Tier 1 customers purchased inventory in excess of fiscal 2023 demand; (2) as a result, its customers had excess inventory, including approximately 6-7 million units of EyeQ System-on-Chips systems ("EyeQ SoCs"); and (3) due to the ...

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