New York, New York–(Newsfile Corp. – December 31, 2024) – Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Mobileye Global Inc. (NASDAQ: NASDAQ:) breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Mobileye Global insiders caused the company to misrepresent or fail to disclose that (1) to avoid shortages experienced amid supply chain constraints in 2021 and 2022, the The company’s Tier 1 customers purchase inventory in excess of demand at the time. fiscal 2023; (2) as a result, the company’s customers have excess inventory on hand, including approximately 6-7 million units of EyeQ SoCs; (3) due to inventory build-up, there is a significant risk that Tier 1 customers will purchase less product, thereby harming the Company’s fiscal 2024 financial results; and (4) as a result of the foregoing, positive statements about the company’s business, operations, and prospects are materially misleading and/or lack a reasonable basis.

If you are the current owner MBLY and purchased before January 26, 2023 please contact Justin Kuehn, Esq. HERE, by email at [email protected] or call (833) 672-0814. The consultation is free and there is no obligation to you. Kuehn Law paid all the costs of the case and did not charge its investment clients. Shareholders should contact the company immediately because there is a limited time to exercise your rights.

Why Your Participation Matters:

As a shareholder your voice is important, and by participating, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™

For more information, please visit Shareholder Derivative Litigation – Kuehn Law.

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