LILM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Lilium N.V. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Lilium N.V. and certain officers for alleged violations of federal securities laws during the Class Period from June 11, 2024, to November 03, 2024 [1][2]. Group 1: Allegations - The lawsuit claims that the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specific allegations include overstating the progress of fundraising activities, the likelihood of obtaining sufficient funding, and failing to disclose imminent insolvency [3]. Group 2: Legal Process - Investors who suffered losses in Lilium have until January 06, 2025, to request to be appointed as lead plaintiff in the case [4]. - The law firm operates on a contingency fee basis, meaning they will only recover costs if successful in the lawsuit [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [6].