ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Li Auto Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action with an Expanded Class Period – LI

Group 1 - The Rosen Law Firm is reminding investors who purchased Li Auto Inc. securities between February 26, 2024, and May 20, 2024, of the July 9, 2024, lead plaintiff deadline for a class action lawsuit [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed against Li Auto, alleging that the company made false and misleading statements regarding vehicle demand and operational strategy [3] Group 2 - The lawsuit claims that Li Auto overstated demand for its vehicles and the effectiveness of its strategy for launching the Li MEGA, its first battery electric vehicle model [3] - It is alleged that Li Auto is unlikely to meet its Q1 2024 vehicle delivery estimates, which could negatively impact its financial condition [3] - The lawsuit asserts that the public statements made by Li Auto were materially false and misleading throughout the class period [3] Group 3 - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [2] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [2] - Many attorneys at the firm have received recognition from Lawdragon and Super Lawyers, highlighting their expertise in this area [2]