Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Penske Automotive Group, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is Penske Automotive Group, Inc. (PAG) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of shareholders of Penske Automotive Group, Inc. (NYSE: PAG).
Bronstein, Gewirtz & Grossman, LLC is investigating the proposed merger between Penske Automotive Group, Inc. (“Penske”) (NYSE: PAG) and Penske Corporation and Mitsui & Co., Ltd. Investors who purchased Penske and continue to hold to the present are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Penske’s board of directors breached its fiduciary duties and failed to provide relevant information to its shareholders.
Penske announced a merger agreement to take the company private on October 15, 2026. Penske will be taken private by Penske Corporation (“Penske”) and Mitsui & Co., Ltd. (“Mitsui”) in a deal that will pay shareholders $212 per share.
What Potential Securities Violations Is BG&G Investigating?
- Whether Penske Automotive Group, Inc. and certain of its officers made false or misleading statements regarding the Company's financial condition and business prospects.
- Whether Penske Automotive Group, Inc. failed to disclose material adverse information that would have been significant to a reasonable investor.
- Whether the Company's earnings guidance was supported by a reasonable factual basis at the time it was made.
What Should Penske Automotive Group, Inc. (PAG) Investors Do?
How Did Penske Automotive Group, Inc. (PAG) Stock React?
How Does BG&G Help Investors in Securities Fraud Investigations?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
We handle cases on a contingency fee basis — we advance all litigation costs on your behalf. There is no fee unless we are successful.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”