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METHODE (MEI) INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

1. Methode Electronics faces class action for potential board fiduciary breaches. 2. Company suffered significant losses of experienced employees post-COVID-19. 3. Production issues hindered Methode’s transition to a new low production model. 4. Delays and deficiencies in EV program launches affect revenue expectations. 5. 2023 earnings guidance found to lack reasonable basis.

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FAQ

Why Bearish?

The ongoing litigation and production issues indicate substantial operational vulnerability. Historical examples show that legal troubles can lead to stock price drops, such as with Tesla during litigation phases.

How important is it?

The article's focus on legal concerns and significant operational failures suggests high relevance to MEI's stock performance.

Why Short Term?

Immediate investor sentiment may be affected by news of litigation and operational shortcomings. Short-term impacts are likely due to fear of potential penalties or losses from the legal investigation.

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Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Methode (MEI) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder in Methode between June 23, 2022 and March 6, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Methode Electronics Inc. (NYSE:MEI) on behalf of long-term stockholders following a class action complaint that was filed against Methode on August 26, 2024 with a Class Period from June 23, 2022 and March 6, 2024. Our investigation concerns whether the board of directors of Methode have breached their fiduciary duties to the company. According to the Complaint: (i) Methode Electronics had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete Methode Electronics’ transition from its historic low mix, high volume production model to a high mix, low production model at its Monterrey facility; (ii) Methode Electronics’ attempts to replace its General Motors center console production with more diversified, specialized products for a wider array of vehicle manufacturers and OEMs, in particular in the electric vehicle (“EV”) space, had been plagued by production planning deficiencies, inventory shortages, vendor and supplier problems, and, ultimately, botched execution of Methode Electronics’ strategic plans; (iii) Methode Electronics’ manufacturing systems at its critical Monterrey facility suffered from a variety of logistical defects, such as improper system coding, shipping errors, erroneous delivery times, deficient quality control systems, and failures to timely and efficiently procure necessary raw materials; (iv) Methode Electronics had fallen substantially behind on the launch of new EV programs out of its Monterrey facility, preventing Methode Electronics from timely receiving revenue from new EV program awards; and (v) as a result, Methode Electronics was not on track to achieve the 2023 diluted earnings-per-share guidance or the 3-year 6% organic sales compound annual growth rate represented to investors and such estimates lacked a reasonable factual basis. If you are a long-term stockholder of Methode, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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