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.
Contact Information:
www.claimsfiler.com.
Tags:
Classaction-Marketing, Wire, Legal Newswire, United States, English
