Thursday, 07 November 2024 11:00 AM
Class Action
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lilium N.V. ("Lilium" or "the Company") (OCTMKTS:LILM). Investors who purchased Lilium securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LILM.
Investigation Details
On October 24, 2024, Lilium disclosed that it had been unable to secure government funding for two of its German subsidiaries and had not been able to raise sufficient additional funds to continue operations. As a result, the managing directors of the relevant subsidiaries have determined that they are overindebted and are, or will, become unable to pay their existing liabilities. On this news, Lilium's stock price fell $0.335 per share, or 61.5%, to close at $0.209 per share on October 24, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Lilium securities, you can assist this investigation by visiting the firm's site: bgandg.com/LILM. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC