Investors Alert: Lilium N.V. Securities Class Action Deadline Approaching
NEW YORK, Dec. 24, 2024 /PRNewswire/ — Attention: Rosen Law Firm, a global law firm focused on investor rights, warns those who purchased securities of Lilium N.V. LILM LILMF between June 11, 2024 and November 3, 2024 (the “Class Period”) about the important January 6, 2025 deadline for lead plaintiff motions.
What does this mean for you? If you bought Lilium securities during the Class Period, you might qualify for compensation at no cost to you, thanks to a contingency fee arrangement.
Next steps: To participate in the Lilium class action, visit this link, or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been initiated. If you wish to apply as the lead plaintiff, you must act by January 6, 2025. The lead plaintiff plays a crucial role in guiding the litigation on behalf of other investors.
Why choose Rosen Law? It’s essential for investors to choose legal counsel with a successful track record. Many firms sending notices lack the experience or recognition needed to lead such cases effectively. The Rosen Law Firm has a history of representing global investors, focusing on securities class actions and shareholder derivative lawsuits. In fact, they secured the largest ever settlement against a Chinese company at the time, and ranked first for the number of securities class action settlements in 2017, continuing to place among the top firms each year since then. In 2019, they recovered over $438 million for investors. Notably, founding partner Laurence Rosen was recognized as a significant figure in the field by law360 in 2020.
Case details: According to the lawsuit, during the Class Period, the defendants made misleading statements and failed to disclose critical information. Specifically, they overstated Lilium’s fundraising progress, misrepresented the likelihood of securing necessary funding for operations, and did not sufficiently inform investors about the company’s impending insolvency. These inaccuracies led to significant investor losses once the truth emerged.
To join the Lilium class action, go to this link, or contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected].
Please note: No class has been certified yet. Until certification happens, investors are not represented unless they choose legal counsel themselves. You can also remain an absent class member at this time, without affecting your potential recovery.
Stay updated through our social media: LinkedIn: Rosen Law Firm on LinkedIn, Twitter: Rosen Law Firm on Twitter, or Facebook: Rosen Law Firm on Facebook.
Attorney Advertising. Previous outcomes do not guarantee similar results.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
View original content to download multimedia: here.
SOURCE THE ROSEN LAW FIRM, P. A.
Market News and Data brought to you by Benzinga APIs