INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Exscientia

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Exscientia plc due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by June 25, 2024 [2][3]. Group 1: Allegations Against Exscientia - The complaint alleges that Exscientia and its executives made false and misleading statements and failed to disclose improper relationships involving CEO Hopkins, which were inconsistent with the company's standards [5]. - It is claimed that Defendant Nicholson had prior knowledge of these relationships and addressed the misconduct without consulting the Board, indicating a failure in the enforcement of the company's Code of Business Conduct and Ethics [5]. - The investigation led to the termination of CEO Hopkins and the resignation of Nicholson, which resulted in a significant drop in Exscientia's stock price by $1.72 per share, or 22.9%, closing at $5.79 on February 13, 2024 [6]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 from Exscientia stock or options between March 23, 2022, and February 12, 2024, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [3]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Exscientia's conduct [8]. - The role of lead plaintiff in the class action is open to any member of the putative class, who can either move the court to serve as lead plaintiff or remain an absent class member [7].