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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Exscientia
GlobeNewswire News Room· 2024-06-12 15:45
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Exscientia plc due to allegations of misconduct by its executives, with a deadline for investors to seek lead plaintiff status in a federal securities class action set for June 25, 2024 [1][4]. Group 1: Allegations Against Exscientia - The complaint alleges that Exscientia and its executives violated federal securities laws by making false and misleading statements regarding the conduct of CEO Hopkins and the prior knowledge of Director Nicholson about inappropriate relationships with employees [9]. - The investigation revealed that CEO Hopkins engaged in relationships deemed inappropriate by the Board, leading to his termination, while Director Nicholson had prior knowledge of these relationships and failed to consult the Board before addressing the situation [5][9]. - The company's Code of Business Conduct and Ethics was found to be inadequately maintained and enforced, increasing the risk of leadership disruptions and reputational harm [9]. Group 2: Financial Impact - Following the announcement of the allegations and executive terminations, Exscientia's stock price dropped by $1.72 per share, representing a 22.9% decline, closing at $5.79 per share on February 13, 2024 [10]. Group 3: Legal Actions and Investor Rights - Investors who suffered losses exceeding $75,000 from investing in Exscientia stock or options between March 23, 2022, and February 12, 2024, are encouraged to discuss their legal rights with Faruqi & Faruqi [4][9]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Exscientia's conduct [6].
EXAI Investors Have Opportunity to Lead Exscientia plc Securities Fraud Lawsuit
Prnewswire· 2024-06-12 15:30
Core Viewpoint - A class action lawsuit has been filed against Exscientia plc for making false and misleading statements, leading to investor losses during the class period from March 23, 2022, to February 12, 2024 [2][4][7]. Group 1: Company Conduct - The lawsuit alleges that Exscientia's former CEO Andrew Hopkins engaged in improper relationships with employees, which were known to former Chairman David Nicholson, who did not consult the board regarding his conduct [2]. - The company failed to uphold its Code of Business Conduct and Ethics, making it susceptible to improper conduct [2]. Group 2: Investor Impact - Investors who purchased Exscientia's securities during the specified class period are encouraged to participate in the lawsuit to recover their losses [4][9]. - The public statements made by the company were deemed false and materially misleading, resulting in damages to investors once the truth was revealed [2].
June 25, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against EXAI
Prnewswire· 2024-06-10 09:45
Shareholders who purchased shares of EXAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: March 23, 2022 to February 12, 2024 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of EXAI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Exscientia p.l.c Investors to Secure Counsel Before Important Deadline in Securities Class Action - EXAI
Prnewswire· 2024-06-08 00:00
SO WHAT: If you purchased Exscientia securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Exscientia class action, go to https://rosenlegal.com/submit-form/? case_id=24550 mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plai ...
Levi & Korsinsky Notifies Exscientia plc Investors of a Class Action Lawsuit and Upcoming Deadline – EXAI
GlobeNewswire News Room· 2024-06-07 17:18
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Exscientia plc ("Exscientia" or the "Company") (NASDAQ: EXAI) of a class action securities lawsuit. https://zlk.com/pslra-1/exscientia-plc-lawsuit-submission-form?prid=83071&wire=3 CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Andrew Hopkins, the Company's former Chief Executive Officer, had engaged in improper relationships with employees that were inconsisten ...
Shareholders that lost money on Exscientia plc(EXAI) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2024-06-06 19:31
NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Exscientia plc (NASDAQ: EXAI). WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. Th ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Exscientia
Prnewswire· 2024-06-06 15:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Exscientia plc due to allegations of misconduct by its executives, with a federal securities class action already filed against the company, and a deadline for investors to seek lead plaintiff status set for June 25, 2024 [1][10]. Group 1: Company Background and Legal Context - Exscientia's stock price experienced a significant decline of $1.72 per share, or 22.9%, closing at $5.79 per share on February 13, 2024, following the announcement of executive terminations [3]. - The investigation centers around the termination of CEO Dr. Hopkins for engaging in inappropriate relationships with employees, which the Board deemed inconsistent with the company's standards [7]. - Dr. Nicholson, another executive, resigned after it was revealed he had prior knowledge of Dr. Hopkins's misconduct and addressed it without consulting the Board [7][10]. Group 2: Allegations and Legal Claims - The complaint alleges that Exscientia and its executives violated federal securities laws by making false or misleading statements and failing to disclose the inappropriate relationships and inadequate enforcement of the company's Code of Business Conduct and Ethics [10]. - The allegations suggest that these failures exposed the company to risks of leadership disruptions and reputational harm, leading to materially false public statements [10]. - Investors who suffered losses exceeding $75,000 between March 23, 2022, and February 12, 2024, are encouraged to contact Faruqi & Faruqi to discuss their legal options [6].
EXAI STOCKHOLDERS – Contact Robbins LLP for Information About the Pending Lead Plaintiff Deadline in the Exscientia plc Class Action
GlobeNewswire News Room· 2024-06-05 20:10
SAN DIEGO, June 05, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Exscientia plc (NASDAQ: EXAI) securities between March 23, 2022 and February 12, 2024. Exscientia in an artificial intelligence ("AI") driven Pharma-tech company that engages in the design and develop differentiated medicines for diseases with high unmet patient needs. All representation is on a contingency fee basis. Sh ...
IMPORTANT JUNE DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Exscientia plc with Losses to Contact the Firm
Prnewswire· 2024-06-05 16:15
LOS ANGELES, June 5, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Exscientia plc ("Exscientia" or "the Company") (NASDAQ: EXAI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between September 13, 2022 and October 9, 2023, inclusive (the "Class Period") ...
DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Exscientia
GlobeNewswire News Room· 2024-06-05 15:45
NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Exscientia plc ("Exscientia" or the "Company") (NASDAQ: EXAI) and reminds investors of the June 25, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Exsc ...