AIXI Investors Have Opportunity to Lead Xiao-I Corporation Securities Lawsuit
Portfolio Pulse from
Rosen Law Firm is inviting investors of Xiao-I Corporation (NASDAQ: AIXI) to lead a securities lawsuit. The lawsuit pertains to American depository shares purchased during the company's IPO on March 9, 2023, or between March 9, 2023, and July 12, 2024. The deadline for lead plaintiff applications is December 16, 2024.
November 14, 2024 | 11:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Xiao-I Corporation is facing a securities lawsuit led by Rosen Law Firm. Investors who purchased shares during the IPO or between March 9, 2023, and July 12, 2024, may be eligible for compensation.
The announcement of a securities lawsuit can negatively impact investor sentiment and lead to a decline in stock price. The lawsuit involves shares purchased during the IPO and a specific period, indicating potential issues with the IPO or subsequent disclosures.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100