LOS
ANGELES, Jan. 2, 2025 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against
Lilium N.V. ("Lilium" or "the Company") (NASDAQ: LILM) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S.
Securities and Exchange Commission.
Shareholders who purchased shares of LILM during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: The complaint alleges
that Lilium allegedly made false and misleading
statements to the market in overstating the progress it had made in
fundraising. Lilium overstated its likelihood of obtaining the
funding necessary to continue operations. The Company
allegedly failed to disclose its significant changes
regarding insolvency.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is
to enhance investor return through balanced counseling and
aggressive advocacy. We specialize in securities class actions,
corporate governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP