EXAI Investors Have Opportunity to Lead Exscientia plc Securities Fraud Lawsuit with the Schall Law Firm
Exscientia plcExscientia plc(US:EXAI) GlobeNewswire News Room·2024-06-18 15:10

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]. Group 1: Company Misconduct - 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 failed to consult the board regarding his conduct [2]. - The company is accused of not maintaining its Code of Business Conduct and Ethics, making it susceptible to improper conduct [2]. Group 2: Legal Proceedings - The Schall Law Firm is representing investors in this class action lawsuit, which claims violations of the Securities Exchange Act of 1934 [4]. - The class has not yet been certified, meaning that potential class members are not currently represented by an attorney unless they take action [6].