SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Xiao-I Corporation of Class Action Lawsuit and Upcoming Deadlines - AIXI
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Pomerantz LLP has filed a class action lawsuit against Xiao-I Corporation (NASDAQ: AIXI) and certain officers and directors. The lawsuit is on behalf of investors who purchased Xiao-I securities during the IPO or between March 9, 2023, and July 12, 2024.
December 10, 2024 | 4:00 am
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Xiao-I Corporation is facing a class action lawsuit filed by Pomerantz LLP, which could impact its stock price negatively in the short term.
The class action lawsuit against Xiao-I Corporation is significant as it involves allegations related to the company's IPO and securities purchased during a specific period. Legal issues of this nature can lead to negative investor sentiment and potential financial liabilities, which may result in a short-term decline in the stock price.
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