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EXAI Investors Have Opportunity to Lead Exscientia plc Securities Fraud Lawsuit
Exscientia plcExscientia plc(US:EXAI) Prnewswireยท2024-06-12 15:30

Core Viewpoint - A class action lawsuit has been filed against Exscientia plc for making false and misleading statements, leading to investor losses during the class period from March 23, 2022, to February 12, 2024 [2][4][7]. Group 1: Company Conduct - The lawsuit alleges that Exscientia's former CEO Andrew Hopkins engaged in improper relationships with employees, which were known to former Chairman David Nicholson, who did not consult the board regarding his conduct [2]. - The company failed to uphold its Code of Business Conduct and Ethics, making it susceptible to improper conduct [2]. Group 2: Investor Impact - Investors who purchased Exscientia's securities during the specified class period are encouraged to participate in the lawsuit to recover their losses [4][9]. - The public statements made by the company were deemed false and materially misleading, resulting in damages to investors once the truth was revealed [2].