#United States #New York #Pomerantz Law #ZEEKR #Geely Automobile

Pomerantz Law Firm Investigates Geely Automobile Holdings Limited

Pomerantz Law Firm has recently announced its investigation into allegations of securities fraud regarding Geely Automobile Holdings Limited (OTCMKTS: GELYF; GELYY). This investigation focuses on potential misconduct involving the company's executives and board members as they may have engaged in unlawful business practices that misled investors.

Background of the Investigation

On July 19, 2025, a revealing article from Reuters shed light on questionable practices by Geely's premium electric vehicle brand, Zeekr. The report claimed that Zeekr had allegedly inflated its sales numbers in recent years to meet aggressive targets. According to documents examined by Reuters and interviews with various dealers and buyers, it was reported that Zeekr facilitated a process where cars were insured prior to their sale. This allowed the company to record sales prematurely, thus meeting monthly and quarterly sales expectations purportedly under China's vehicle registration standards.

Such revelations have alarmed investors, leading to a significant drop in the value of Geely's securities. This has prompted Pomerantz LLP to encourage investors affected by these alleged practices to reach out for legal recourse. Interested parties can connect with attorney Danielle Peyton at Pomerantz for further information on participating in a class action lawsuit.

The Role of Pomerantz LLP

Pomerantz LLP, based in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is recognized as one of the leading firms specializing in corporate, securities, and antitrust class action litigation. With a legacy that dates back over 85 years, Pomerantz has been a forerunner in advocating for victims of securities fraud. The firm's founder, Abraham L. Pomerantz, significantly contributed to establishing the securities class action field, and Pomerantz LLP continues to uphold this tradition by fighting for justice for those impacted by corporate malfeasance.

Implications for Investors

The investigation holds substantial implications for investors who have suffered losses due to the alleged deceptive practices by Geely. As the investigation unfolds, investors must stay informed on developments and consider their options moving forward. With Pomerantz LLP’s commitment to holding corporations accountable, there is hope for those affected by Geely’s supposed misconduct to seek justice and potential financial recovery.

If you’re an investor in Geely Automobile Holdings Limited and are concerned about your investments, it’s crucial to stay updated. Fear of financial losses may lead many to remain silent, but there is power in collective action. Pomerantz Law Firm’s current investigation is a critical step toward acknowledging and addressing grievances that have arisen from perceived corporate misrepresentation.

Contact Information

For those interested in finding out more about joining the class action regarding Geely or who wish to discuss their individual situations, you can get in touch with Danielle Peyton at Pomerantz LLP via email at [email protected] or by phone at 646-581-9980, extension 7980.

As we move forward, more updates are expected concerning not only the findings of Pomerantz’s investigation but also the broader impact this could have on Geely and its stakeholders.