SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Xiao-I Corporation of Class Action Lawsuit and Upcoming Deadlines - AIXI
Portfolio Pulse from
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 acquired Xiao-I ADSs or securities between March 9, 2023, and July 12, 2024, due to alleged issues related to the company's IPO.
December 16, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Xiao-I Corporation is facing a class action lawsuit filed by Pomerantz Law Firm, which could impact its stock price. The lawsuit involves investors who acquired shares during and after the company's IPO.
The class action lawsuit against Xiao-I Corporation is significant as it involves allegations related to the company's IPO and subsequent share performance. Legal issues of this nature can lead to negative investor sentiment and potential stock price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100