AILE FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, 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·2024-12-01 11:46

Core Viewpoint - Rosen Law Firm is reminding investors who purchased iLearningEngines, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on December 6, 2024 [1] 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] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified 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] Group 3: Case Allegations - The lawsuit alleges that during the Class Period, iLearningEngines made false and misleading statements, including the undisclosed relationship with a Technology Partner and the reporting of inflated revenue [5] - As a result of these actions, the positive statements made by the defendants regarding iLearningEngines' business and prospects were materially misleading [5]