PR Newswire | Sep 1, 2020 10:30AM EDT

09/01 09:30 CDT

INVESTOR ALERT: Kaplan Fox Investigates Airbus SE For Potential Securities Fraud NEW YORK, Sept. 1, 2020

NEW YORK, Sept. 1, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Airbus SE ("Airbus" or the "Company") (OTC: EADSY). A complaint has been filed on behalf of investors that acquired Airbus securities between February 24, 2016 and July 30, 2020, inclusive (the "Class Period").

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 thanOctober 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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this Notice, your rights, or your interests, please contact:

Donald R. HallKAPLAN FOX & KILSHEIMER LLP 850 Third Avenue, 14th Floor New York, New York 10022 (646) 315-9003 E-mail: dhall@kaplanfox.com

Laurence D. KingKAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704 Fax: (415) 772-4707 E-mail: lking@kaplanfox.com

View original content: http://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-investigates-airbus-se-for-potential-securities-fraud-301122079.html

SOURCE Kaplan Fox & Kilsheimer LLP