Lilium N.V. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 6, 2025 to Discuss Your Rights

Core Viewpoint - A class action securities lawsuit has been filed against Lilium N.V. alleging securities fraud that affected investors between June 11, 2024, and November 3, 2024 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Lilium N.V. defendants overstated the progress of the Company's fundraising activities [2] - It is alleged that the defendants exaggerated the likelihood and feasibility of obtaining sufficient funding to continue operations [2] - The complaint also states that the defendants failed to adequately disclose the imminent insolvency of the Company and its subsidiaries [2] - As a result of these actions, the defendants' positive statements regarding the Company's business, operations, and prospects were materially misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until January 6, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]