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eBay Investors May Have Legal Claims – EBAY

Oct 24, 2023 | Blog, Shareholder Investigations

Investors of eBay Encouraged to Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating whether certain directors and officers of eBay Inc. (“eBay”) (NASDAQ: EBAY) breached their fiduciary duties to eBay and its shareholders and whether investors of eBay stock suffered damages as a result.

INVESTORS OF EBAY STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.

On September 27, 2023, the U.S. Department of Justice (“DOJ”), on behalf of the U.S. Environmental Protection Agency (“EPA”), filed a complaint against eBay for unlawfully selling and distributing hundreds of thousands of products in violation of several federal statutes, including the Clean Air Act (“CAA”), the Federal Insecticide, Fungicide, and Rodenticide Act (“FIFRA”), and the Toxic Substances Control Act (“TSCA”).

According to the DOJ, “[t]he complaint alleges that eBay sold, offered for sale or caused the sale of more than 343,000 aftermarket defeat devices, which defeat motor vehicle emission controls, a violation of the CAA. Aftermarket defeat devices significantly increase pollution emissions – including carbon monoxide, nitrogen oxides, particulate matter and nonmethane hydrocarbons – that harm public health and impede efforts by the EPA, states, Tribes and local agencies to plan for and attain air quality standards.”

The complaint, according to the DOJ, “. . . also alleges that eBay has violated FIFRA by unlawfully distributing or selling at least 23,000 unregistered, misbranded or restricted-use pesticide products, even in violation of a stop sale order EPA issued to eBay in 2020 and amended in 2021. Examples include a high toxicity insecticide banned in the United States, restricted use pesticides that only certified applicators may apply and products fraudulently claiming to protect users against the SARS-CoV-2 virus.”

Additionally, the complaint, according to the DOJ, “. . . alleges that eBay has distributed over 5,600 items in violation of the TSCA Methylene Chloride Rule. The rule prohibits retailers from distributing in commerce products that contain methylene chloride for paint and coating removal to prevent unreasonable risks, including death, presented by these types of products.”

INVESTORS OF EBAY ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE EBAY INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

General Motors Investors May Have Legal Claims – GM

Oct 24, 2023 | Blog, Shareholder Investigations

Investors of General Motors Stock Encouraged to Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating whether certain directors and officers of General Motors Company (“General Motors,” “GM”) (NYSE: GM) breached their fiduciary duties to General Motors and its shareholders and whether investors of GM stock suffered damages as a result.

INVESTORS OF GM STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.

On October 5, 2023, the National Highway Traffic Safety Administration (“NHTSA”) held a public meeting “. . . regarding its initial decision that certain frontal driver and passenger air bag inflators manufactured by ARC and Delphi through January 2018 contain a defect related to motor vehicle safety and should be recalled.”

Reuters reported that officials of the NHTSA “. . . told a public hearing the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive because they may rupture and send metal fragments flying.”

Reuters also reported that “NHTSA enforcement official Cem Hatipoglu told the hearing that while the odds for a rupture may not be high, the consequences are ‘severe and potentially deadly.’ The air bag issue currently is linked to one U.S fatality and seven injuries, the agency said.”

According to Reuters, “[a] person briefed on the matter confirmed a Wall Street Journal report that GM has at least 20 million vehicles with the suspect parts. GM in May agreed to recall nearly 1 million vehicles with ARC air bag inflators after a rupture in March resulted in facial injuries to a driver.”

INVESTORS OF GENERAL MOTORS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE GM INVESTIGATION AND POTENTIAL LEGAL CLAIMS.