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Investor Alert: Pomerantz Law Firm Investigates Geely Automobile Holdings

On July 31, 2025, Pomerantz LLP announced an investigation on behalf of investors in Geely Automobile Holdings Limited. This scrutiny arises amidst serious allegations concerning the company's practices, particularly related to its premium electric vehicle brand, Zeekr.

Background of Geely Automobile Holdings Limited

Geely Automobile Holdings, a major player in the automotive sector, has been under the spotlight following a report by Reuters. The investigation focuses on claims that the company engaged in potentially fraudulent activities to inflate sales numbers. Investors holding Geely securities (symbolized as GELYF and GELYY on the OTC markets) are encouraged to come forward, especially those affected by the recent downturn in stock value.

Allegations of Sales Inflation

The crux of the investigation revolves around accusations that Zeekr manipulated sales data to meet aggressive targets. A report by Reuters detailed how the brand allegedly arranged to insure vehicles before selling them, effectively allowing the company to recognize sales prematurely under Chinese automotive registration laws. This concerning practice raises serious questions about transparency and integrity in Geely's sales reporting.

Impact on Investors

The revelations reported by Reuters led to a significant drop in the stock price of Geely, leading to substantial losses for investors. This kind of market fluctuation is alarming and typically raises legal questions regarding accountability and the responsibilities of corporate officers and directors. Pomerantz LLP, renowned for its expertise in securities fraud cases, is now rigorously examining whether such misconduct occurred.

About Pomerantz LLP

Pomerantz LLP, established by the pioneering securities attorney Abraham L. Pomerantz, has a storied history of championing the rights of investors facing corporate malfeasance. With over 85 years in the field, the firm has recovered multimillion-dollar settlements for victims of fraud. Their expertise makes them a pivotal player in the pursuit of justice for harmed investors.

Call to Action for Affected Investors

Pomerantz is advising that investors directly affected by the decline in Geely's stock value should reach out to the firm for potential inclusion in any class action. This is a fundamental step for those looking to reclaim losses sustained due to alleged fraudulent activities. Interested individuals can contact Danielle Peyton at the firm for more information.

Conclusion

The investigation by Pomerantz LLP underscores the importance of corporate governance and transparency in the automotive industry. As the claims unfold, the implications for Geely and its stakeholders could be significant. Investors are advised to stay informed and consider their options as this investigation progresses. The situation remains dynamic, and those affected are encouraged to seek the necessary legal guidance to navigate through these complex circumstances.