Faruqi & Faruqi Reminds Lilium Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 6, 2025 - LILM
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Faruqi & Faruqi, LLP is reminding Lilium investors of a pending class action lawsuit with a lead plaintiff deadline of January 6, 2025. Investors who suffered losses exceeding $50,000 between June 11, 2024, and November 3, 2024, are encouraged to contact the firm.
December 12, 2024 | 4:00 pm
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Lilium is facing a class action lawsuit with a lead plaintiff deadline of January 6, 2025. Investors who incurred significant losses are encouraged to join the lawsuit.
The announcement of a class action lawsuit typically has a negative impact on a company's stock price due to potential legal liabilities and reputational damage. The specific call to action for investors who suffered significant losses suggests that the lawsuit could be substantial, further increasing the potential negative impact on Lilium's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100