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ROSEN, A LONGSTANDING LAW FIRM, Encourages Lilium N.V. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LILM, LILMF
CS DiscoCS Disco(US:LAW) GlobeNewswire News Room·2024-11-30 02:13

Group 1 - The Rosen Law Firm is reminding purchasers of Lilium N.V. securities about the lead plaintiff deadline of January 6, 2025, for a class action lawsuit [1] - Investors who purchased Lilium securities during the specified class period 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 act by the lead plaintiff deadline to represent other class members [3] Group 2 - The lawsuit alleges that during the class period, Lilium's defendants made false or misleading statements regarding the company's fundraising progress, feasibility of obtaining funding, and the imminent insolvency of Lilium and its subsidiaries [5] - The misleading statements led to investor damages when the true details about Lilium's financial situation became public [5] Group 3 - The 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 recovering significant amounts for investors [4]