Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Xiao-I Corporation (AIXI)
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Glancy Prongay & Murray LLP has announced a December 16, 2024 deadline for investors to file a lead plaintiff motion in a class action lawsuit against Xiao-I Corporation (NASDAQ: AIXI). The lawsuit concerns investors who purchased ADSs related to the company's March 2023 IPO or securities between March 9, 2023, and July 12, 2024.
November 12, 2024 | 7:30 pm
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Xiao-I Corporation is facing a class action lawsuit with a deadline for lead plaintiff motions set for December 16, 2024. This legal issue pertains to their March 2023 IPO and securities purchased until July 12, 2024.
The class action lawsuit against Xiao-I Corporation is significant as it involves their IPO and securities purchased over a substantial period. Legal challenges can negatively impact investor sentiment and stock prices.
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