AIXI DEADLINE MONDAY: ROSEN, A LEADING LAW FIRM, Encourages Xiao-I Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - AIXI
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Rosen Law Firm is urging investors in Xiao-I Corporation (NASDAQ: AIXI) who have incurred losses over $100,000 to seek legal counsel before the December 16, 2024 deadline for a securities class action. The case involves American depository shares linked to the company's IPO and securities traded between March 9, 2023, and July 12, 2024.
December 13, 2024 | 5:15 pm
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Xiao-I Corporation is facing a securities class action lawsuit, with a lead plaintiff deadline on December 16, 2024. Investors who purchased shares during the IPO or between March 9, 2023, and July 12, 2024, are encouraged to seek legal counsel.
The announcement of a securities class action lawsuit typically has a negative impact on a company's stock price due to potential legal liabilities and investor concerns. The deadline for lead plaintiff participation suggests ongoing legal proceedings, which can create uncertainty and pressure on the stock.
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