AIXI INVESTMENT ALERT: Kirby McInerney LLP Reminds Xiao-I Corporation Investors of Lead Plaintiff Deadline in Class Action Lawsuit
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Kirby McInerney LLP has announced a deadline of December 16, 2024, for investors in Xiao-I Corporation to seek lead plaintiff status in a class action lawsuit. The lawsuit concerns those who acquired Xiao-I's ADSs during its IPO or securities between March 9, 2023, and July 12, 2024.
November 12, 2024 | 11:15 am
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Xiao-I Corporation is facing a class action lawsuit related to its IPO and securities acquired during a specified period. Investors have until December 16, 2024, to seek lead plaintiff status.
The class action lawsuit against Xiao-I Corporation could negatively impact investor sentiment and the stock price in the short term. Legal issues often lead to uncertainty and potential financial liabilities, which can drive stock prices down.
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