Pomerantz LLP is investigating claims on behalf of investors of Atlantia S.p.A. ("Atlantia" or the "Company") (OTC MKTS: ATASY). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Atlantia and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On August 14, 2018, a motorway bridge operated by Atlantia's subsidiary Autostrade per L'Italia ("Autostrade") collapsed, killing 43 people. On August 16, 2018, media outlets reported that the Italian government had opened an investigation into Autostrade. Italy's Deputy Transport Minister stated that the government was considering revoking Autostrade's operating concession and imposing a fine of upwards of €150 million on Autostrade. On this news, Atlantia's American depositary receipt price fell $1.66, or 13.7%, to close at $10.45 on August 16, 2018.