Levi & Korsinsky Reminds Shareholders of an Investigation into Oklo Inc. (OKLO) Regarding Potential Securities Fraud Allegations
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Levi & Korsinsky has initiated an investigation into Oklo Inc. (NYSE:OKLO) for potential securities fraud. This follows a short report by Kerrisdale Capital highlighting concerns about Oklo's lack of regulatory-approved designs, revenue, and commercial viability.
December 06, 2024 | 12:45 pm
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Oklo Inc. is under investigation for potential securities fraud following a critical report by Kerrisdale Capital. The report questions Oklo's regulatory approvals, revenue generation, and commercial viability.
The investigation into Oklo Inc. for potential securities fraud is likely to negatively impact its stock price in the short term. The allegations of lacking regulatory-approved designs, no revenue, and unproven commercial viability are significant concerns for investors.
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