GlobeNewswire Inc | Oct 2, 2020 01:36PM EDT

October 02, 2020

NEW YORK, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Airbus SE (OTC: EADSY, EADSF) between February 24, 2016 and July 30, 2020, inclusive (the Class Period). The lawsuit seeks to recover investor losses under the federal securities laws.

If you wish to serve as lead plaintiff, you must move the Court before the OCTOBER 5, 2020 DEADLINE. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=airbus-se&id=2345 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or emailinfo@zhanginvestorlaw.comfor information on the class action.

http://zhanginvestorlaw.com/join-action-form/?slug=airbus-se&id=2345

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Airbuss policies and protocols were insufficient to ensure the Companys compliance with relevant anti-corruption laws and regulations; (2) consequently, Airbus engaged in bribery, corruption, and fraud in order to enhance its business with respect to its commercial aircraft, helicopter, and defense deals; (3) as a result, Airbuss earnings were derived in part from unlawful conduct and therefore unsustainable; (4) the full scope and severity of Airbuss misconduct; (5) resolution of government investigations of Airbus would foreseeably cost Airbus billions of dollars in settlements and legal fees and subject the Company to significant continuing government investigation and oversight; and (6) as a result, the Companys public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756