ROSEN, A GLOBALLY RESPECTED INVESTOR RIGHTS FIRM, Encourages Lilium N.V. Investors to Safe Counsel Before Essential Deadline in Securities Class Action – LILM, LILMF

NEW YORK, Nov. 17, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a worldwide investor rights legislation agency, broadcasts the submitting of a category motion lawsuit on behalf of purchasers of securities of Lilium N.V. (NASDAQ: LILM) (OTC: LILMF) between June 11, 2024 and November 3, 2024, each dates inclusive (the “Class Period”). A category motion lawsuit has already been filed. If you want to function lead plaintiff, you could transfer the Court no later than January 6, 2025.

SO WHAT: If you bought Lilium securities throughout the Class Period chances are you’ll be entitled to compensation with out fee of any out of pocket charges or prices by a contingency price association.

WHAT TO DO NEXT: To be a part of the Lilium class motion, go to https://rosenlegal.com/submit-form/?case_id=30744 or name Phillip Kim, Esq. at 866-767-3653 or e mail case@rosenlegal.com for extra data. A category motion lawsuit has already been filed. If you want to function lead plaintiff, you could transfer the Court no later than January 6, 2025. A lead plaintiff is a consultant celebration appearing on behalf of different class members in directing the litigation.

WHY ROSEN LAW: We encourage buyers to pick certified counsel with a monitor file of success in management roles. Often, companies issuing notices would not have comparable expertise, assets, or any significant peer recognition. Be smart in choosing counsel. The Rosen Law Firm represents buyers all through the globe, concentrating its apply in securities class actions and shareholder by-product litigation. Rosen Law Firm has achieved the most important ever securities class motion settlement in opposition to a Chinese Company on the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for variety of securities class motion settlements in 2017. The agency has been ranked within the prime 4 annually since 2013 and has recovered a whole bunch of hundreds of thousands of {dollars} for buyers. In 2019 alone the agency secured over $438 million for buyers. In 2020, founding companion Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the agency’s attorneys have been acknowledged by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or deceptive statements and/or did not disclose that: (1) defendants overstated the progress of Lilium’s fundraising actions; (2) defendants overstated the probability and/or feasibility of acquiring enough funding to proceed operations; (3) defendants did not sufficiently disclose the upcoming insolvency of Lilium and its subsidiaries; and (4) on account of the foregoing, defendants’ constructive statements about Lilium’s enterprise, operations, and prospects have been materially deceptive and/or lacked an affordable foundation. When the true particulars entered the market, the lawsuit claims that buyers suffered damages.

To be a part of the Lilium class motion, go to https://rosenlegal.com/submit-form/?case_id=30744 or name Phillip Kim, Esq. toll-free at 866-767-3653 or e mail case@rosenlegal.com for data on the category motion.

No Class Has Been Certified. Until a category is licensed, you aren’t represented by counsel until you keep one. You could choose counsel of your alternative. You may stay an absent class member and do nothing at this level. An investor’s potential to share in any potential future restoration will not be dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior outcomes don’t assure the same final result.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, fortieth Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

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