XIAO-I ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Xiao-I Corporation and Encourages Investors to Contact the Firm
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A class action lawsuit has been filed against Xiao-I Corporation (NASDAQ: AIXI) by Bragar Eagel & Squire, P.C. The lawsuit targets those who acquired Xiao-I's ADSs during its IPO or securities between March 9, 2023, and July 12, 2024. Investors have until December 16, 2024, to apply as lead plaintiffs.
November 25, 2024 | 2:15 am
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Xiao-I Corporation faces a class action lawsuit related to its IPO and subsequent securities trading. This legal action could negatively impact investor sentiment and the stock price in the short term.
The lawsuit directly targets Xiao-I's IPO and securities trading, which could lead to negative investor sentiment and potential financial liabilities, affecting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100