Lilium N.V.(US:LILM) Prnewswire·2025-01-06 02:27Lawsuit Details - Lilium N V is facing a class action lawsuit for alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1] - The lawsuit alleges that Lilium made false and misleading statements regarding its fundraising progress and likelihood of obtaining necessary funding [3] - Lilium allegedly failed to disclose significant changes regarding its insolvency [3] Shareholder Involvement - Shareholders who purchased LILM shares during the class period are encouraged to contact DJS Law Group regarding possible lead plaintiff appointments [2] - Participation in any recovery does not require appointment as lead plaintiff [2] Law Firm Information - DJS Law Group specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals [4] - The firm focuses on enhancing investor returns through balanced counseling and aggressive advocacy [4] - DJS Law Group represents some of the largest and most sophisticated hedge funds and alternative asset managers globally [4]