Tesla Motors Inc Investor Alert: Investigation over possible Securities Laws Violations

Feb. 3, 2012 - PRLog -- The Shareholders Foundation announces that an investigation on behalf of investors in shares of Tesla Motors Inc  over potential securities laws violations by certain officers and directors at Tesla Motors was announced.

If you purchased shares of Tesla Motors Inc , you have certain options and you should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tesla Motors Inc  concerning whether the company, certain of its officers and directors, or others have possibly violated federal securities laws. Specifically, the investigation concerns whether certain statements Tesla Motors’ business, its prospects and its operations were potentially materially false and misleading at the time they were made.

TSLA stocks fell to under $23 on January 13, 2012 after several media outlets reported that Tesla’s Vice President and Chief Engineer, and Nick Sampson, who supervised vehicle and chassis engineering had departed from Tesla Motors Inc this month.

NASDAQ TSLA stocks closed on January 20, 2012 at $26.60 per share.

Those who purchased shares of Tesla Motors Inc (Public, NASDAQ-TSLA), have certain options and should contact the Shareholders Foundation.

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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.