Honda Loss Submission Form

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Honda Motor Co., Ltd. (NYSE: HMC) who purchased American Depository Shares between June 20, 2018 and September 28, 2022. The action, which was filed in the United States District Court for the Central District of California, alleges that the Company violated federal securities laws.

In particular, the Honda lawsuit alleges that (i) Honda had overstated the safety and effectiveness of the Idle Stop engine feature; (ii) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (iii) as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature; (iv) the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Shareholders have until April 3, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

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