Recent Security Class Actions

Lilium NV Class A Ordinary Shares (NASDAQ: LILM)

26 Days left to seek lead plaintiff status.

Company Name:Lilium NV Class A Ordinary Shares
Stock Symbol:NASDAQ: LILM
Class Period Start:06/11/2024
Class Period End (inclusive):11/03/2024
Filing Deadline:01/06/2025

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) Defendants overstated the progress of the Company’s fundraising activities; (2) Defendants overstated the likelihood and/or feasibility of obtaining sufficient funding to continue operations; (3) Defendants failed to sufficiently disclose the imminent insolvency of the Company and its subsidiaries; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Lilium NV Class A Ordinary Shares (NASDAQ: LILM) Claim Form

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