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 acquired Xiao-I securities during the IPO or between March 9, 2023, and July 12, 2024.
December 17, 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 lawsuit involves investors who acquired shares during the IPO or between March 9, 2023, and July 12, 2024.
The class action lawsuit against Xiao-I Corporation is significant as it involves allegations related to the IPO and subsequent trading 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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