-

LILIUM 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Lilium N.V. - LILM, LILMW

NEW ORLEANS, La.--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until June 17, 2022 to file lead plaintiff applications in a securities class action lawsuit against Lilium N.V. f/k/a Qell Acquisition Corp. (NasdaqGS: LILM, LILMW, QELL, QELLU, QELLW), if they purchased the Company’s securities between March 30, 2021 and March 14, 2022, inclusive (the “Class Period”). This action is pending in the United States District Court for the Central District of California.

Get Help

Lilium investors should visit us at https://claimsfiler.com/cases/nasdaq-lilm/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Lilium and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On March 14, 2022, market analyst Iceberg Research issued a report on the Company’s electric vertical take-off and landing production aircraft, Lilium Jet, highlighting numerous significant problems in design, capability and testing performance as well as other supply and company-wide issues. On this news, shares of Lilium fell $1.25 per share, or 34%, to close at $2.44 per share on March 14, 2022, on unusually heavy trading volume.

The case is Gnanaraj v. Lilium N.V., et al., No. 22-cv-2564.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

Contacts

ClaimsFiler
Lewis Kahn, 844-367-9658
https://www.claimsfiler.com

Industry:

ClaimsFiler

NASDAQ:LILM
Release Versions
English

Contacts

ClaimsFiler
Lewis Kahn, 844-367-9658
https://www.claimsfiler.com

More News From ClaimsFiler

RIVIAN 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Rivian Automotive, Inc.- RIVN

NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 6, 2022 to file lead plaintiff applications in securities class action lawsuits against Rivian Automotive, Inc. (NasdaqGS: RIVN), if they purchased or otherwise acquired the Company’s shares between November 10, 2021 and March 10, 2022, inclusive (the “Class Period”) and/or pursuant or traceable to its November 2021 initial public stock offering (the “IPO”). These a...

C3.AI 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess Of $100,000 of Deadline in Class Action Lawsuit Against C3.ai, Inc. - AI

NEW ORLEANS, La.--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 3, 2022 to file lead plaintiff applications in a securities class action lawsuit against C3.ai, Inc. (“C3” or the "Company") (NYSE:AI), if they purchased the Company’s securities between December 9, 2020 and February 15, 2022, inclusive (the “Class Period”) and/or purchased or otherwise acquired the Company’s shares pursuant to the Company’s December 2020 initi...

ERICSSON 48 HOUR DEADLINE ALERT: ClaimsFiler Reminds Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Telefonaktiebolaget LM Ericsson - ERIC

NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 2, 2022 to file lead plaintiff applications in a securities class action lawsuit against Telefonaktiebolaget LM Ericsson (“Ericsson” or the “Company”) (NasdaqGS: ERIC), if they purchased the Company’s securities between April 27, 2017 and February 25, 2022, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern Dis...
Back to Newsroom