Levi & Korsinsky notifies investors that it has commenced an investigation into Geely Automobile Holdings Limited (OTC: GELYY) concerning potential violations of the federal securities laws.
Reuters published an article on July 19, 2025, reporting that Geely's premium electric vehicle brand "Zeekr inflated sales in recent years to hit aggressive targets," citing "documents reviewed by Reuters and interviews with dealers and buyers." The article reported that Zeekr "arranged for cars to be insured before they were sold to buyers, . . . enabling them under Chinese industry car registration practices to book sales early so they could hit the monthly and quarterly targets[.]" Following this news, the value of Geely securities fell sharply.
If you suffered a loss on your Geely Automobile Holdings Limited securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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