Faruqi & Faruqi Reminds Xiao-I Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 16, 2024 - AIXI
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Faruqi & Faruqi, LLP is reminding investors of Xiao-I Corporation (NASDAQ: AIXI) about a pending class action lawsuit. Investors who suffered losses over $50,000 from Xiao-I's ADSs or securities between March 9, 2023, and July 12, 2024, are encouraged to contact the firm. The deadline for lead plaintiff applications is December 16, 2024.
December 12, 2024 | 3:00 pm
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Xiao-I Corporation is facing a class action lawsuit with a lead plaintiff deadline of December 16, 2024. Investors who incurred significant losses are encouraged to join the lawsuit.
The class action lawsuit against Xiao-I Corporation could negatively impact investor sentiment and the stock price in the short term. Legal issues often lead to uncertainty and potential financial liabilities, which can drive the stock price down.
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