INVESTOR ALERT: Kaplan Fox Investigates Airbus SE For Potential Securities Fraud

NEW YORK, Sept. 1, 2020

The complaint alleges that on March 15, 2020, The Wall Street Journal reported that Airbus executives had previously raised red flags about fees paid to a number of middlemen working with its helicopter division, led at the time by the Company's current Chief Executive Officer, Defendant Guillaume M.J.D. Faury, that may have violated global bribery and corruption rules.

Following this news, Airbus's American Depository Receipts ("ADRs") fell $3.44 per share, or 15.71%, to close at $18.46 per share on March 16, 2020.

Then, on July 30, 2020, The Wall Street Journal reported that the United Kingdom Serious Fraud Office had charged one of Airbus's subsidiaries and three individuals with corruption in connection with a defense contract the U.K. had arranged with Saudi Arabia.

Following this news, Airbus ADRs fell $0.67 per share, or 3.56%, to close at $18.13 per share on July 31, 2020.

If you are a member of the proposed Class, you may move the court no later than October 5, 2020 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 646-315-9003.

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