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 Law Firm 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 15, 2024 | 5:15 pm
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Xiao-I Corporation is facing a class action lawsuit filed by Pomerantz Law Firm, which could negatively impact its stock price in the short term.
The class action lawsuit against Xiao-I Corporation is significant as it involves allegations related to the IPO and securities purchased during a specific period. Legal issues of this nature can lead to negative investor sentiment and potential financial liabilities, likely causing a short-term decline in stock price.
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IMPORTANCE 80
RELEVANCE 100