Stellantis Faces Securities Investigation After EV Write-Down
Analysis based on 10 articles · First reported Feb 13, 2026 · Last updated Mar 09, 2026
The market is negatively impacted by the news of Stellantis' significant write-down and subsequent stock decline, raising concerns about the viability of EV investments. The securities investigation by Levi & Korsinsky adds further uncertainty for investors in Stellantis.
Levi & Korsinsky has initiated an investigation into Stellantis for potential federal securities law violations. This follows Stellantis' February 6 disclosure where management admitted to overestimating the pace of EV adoption, leading to a strategic reset, a 22 billion charge, and the suspension of its 2026 dividend. The announcement caused Stellantis shares to drop approximately 28% on the New York Stock Exchange, marking its worst trading day. The investigation focuses on whether Stellantis' public communications between its Q3 2025 earnings call and the February 6 disclosure accurately reflected its internal understanding of its EV assets' viability and valuation. Prior to the disclosure, Wall Street Zen downgraded Stellantis to Sell, and Morgan Stanley downgraded it to Equal-Weight, citing an 'investment lag'.
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