Shareholders in the United States have reportedly sued Stellantis N.V. (NYSE:STLA), accusing the automaker of fraud by hiding rising inventories and other weaknesses, leading to disappointing earnings and a subsequent drop in its stock price. The lawsuit, filed Thursday in Manhattan federal court, alleges that Stellantis artificially boosted its stock price throughout much of 2024 by offering “overwhelmingly positive” statements about inventories, pricing power, new products, and operating margins, reported Reuters. The lawsuit, filed on Thursday, seeks unspecified damages for Stellantis shareholders from ...