Xiao-I (US:AIXI) prnewswire.comยท2024-05-26 16:00Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Xiao-I Corporation due to allegations of materially misleading business information [1] - Investors who purchased Xiao-I Corporation securities may be entitled to compensation through a class action without any out-of-pocket fees [1] - Xiao-I Corporation's amended annual report disclosed potential restrictions on fund transfers due to changes in PRC laws, leading to a significant drop in its American Depositary Shares by 11.6% [2] Group 2 - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved notable settlements, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements [3] - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering investor losses [3]