ROSEN, LEADING INVESTOR COUNSEL, Encourages iLearningEngines, Inc. Investors to Secure Counsel Before Important December 6 Deadline in Securities Class Action – AILE
iLearningEngines, Inc.iLearningEngines, Inc.(US:AILE) GlobeNewswire News Room·2024-11-25 19:32

Core Viewpoint - Rosen Law Firm is reminding investors who purchased iLearningEngines, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased iLearningEngines securities between April 22, 2024, and August 28, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by December 6, 2024 [3][5]. - The lawsuit alleges that iLearningEngines made false and misleading statements regarding its financials, including overstating revenue and failing to disclose a related party involved in reporting [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4].