Fraud Investigation: Levi & Korsinsky Investigates Geely Automobile Holdings Limited (GELYY) on Behalf of Shareholders
July 23, 2025 4:38 PM EDT | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - July 23, 2025) - Levi & Korsinsky notifies investors that it has commenced an investigation of Geely Automobile Holdings Limited ("Geely Automobile Holdings Limited") (OTC PINK:GELYY) concerning possible violations of federal securities laws.
Reuters published an article on July 19, 2025, reporting that Geely's premium electric vehicle brand "Zeekr inflated sales in recent years to hit aggressive targets," citing "documents reviewed by Reuters and interviews with dealers and buyers." The article reported that Zeekr "arranged for cars to be insured before they were sold to buyers, . . . enabling them under Chinese industry car registration practices to book sales early so they could hit the monthly and quarterly targets[.]"
Following this news, the value of Geely securities fell sharply. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
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