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 misconduct by its executives, with a deadline for investors to seek lead plaintiff status in a federal securities class action set for June 25, 2024 [1][4]. Group 1: Allegations Against Exscientia - The complaint alleges that Exscientia and its executives violated federal securities laws by making false and misleading statements regarding the conduct of CEO Hopkins and the prior knowledge of Director Nicholson about inappropriate relationships with employees [9]. - The investigation revealed that CEO Hopkins engaged in relationships deemed inappropriate by the Board, leading to his termination, while Director Nicholson had prior knowledge of these relationships and failed to consult the Board before addressing the situation [5][9]. - The company's Code of Business Conduct and Ethics was found to be inadequately maintained and enforced, increasing the risk of leadership disruptions and reputational harm [9]. Group 2: Financial Impact - Following the announcement of the allegations and executive terminations, Exscientia's stock price dropped by $1.72 per share, representing a 22.9% decline, closing at $5.79 per share on February 13, 2024 [10]. Group 3: Legal Actions and Investor Rights - Investors who suffered losses exceeding $75,000 from investing in Exscientia stock or options between March 23, 2022, and February 12, 2024, are encouraged to discuss their legal rights with Faruqi & Faruqi [4][9]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Exscientia's conduct [6].