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EXAI LAWSUIT ALERT: The Gross Law Firm Notifies Exscientia plc Investors of a Class Action Lawsuit and Upcoming Deadline
Exscientia plcExscientia plc(US:EXAI) Prnewswireยท2024-06-25 09:45

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Exscientia plc regarding a class action lawsuit due to alleged misconduct by former executives [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from March 23, 2022, to February 12, 2024 [2]. - Shareholders who purchased shares during this period are encouraged to register for monitoring and updates on the case [2][3]. - The deadline for shareholders to seek lead plaintiff status is June 25, 2024 [2][3]. Group 2: Allegations Against Executives - The complaint alleges that Andrew Hopkins, the former CEO, engaged in improper relationships with employees, violating company standards [4]. - David Nicholson, the former Chairman, is accused of having prior knowledge of these relationships and failing to address them properly [4]. - The company's enforcement of its Code of Business Conduct and Ethics is claimed to be inadequate, leading to risks of leadership disruptions and reputational harm [4].