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LILM

Lilium N.V.

Deadline

January 6 2025

Class Period

6/11/24 - 11/3/24

Allegations

(1) defendants overstated the progress of the Company’s fundraising activities; (2) defendants overstated the likelihood and/or feasibility of obtaining sufficient funding to continue operations; (3) defendants failed to sufficiently disclose the imminent insolvency of the Company and its subsidiaries; and (4) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Class Period

6/11/24 - 11/3/24

Deadline

January 6 2025

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4

Days Left

CMG

Chipotle Mexican Grill, Inc.

Deadline

January 10 2025

Class Period

2/8/24 - 10/29/24

Allegations

(1) Chipotle’s portion sizes were inconsistent and left many customers dissatisfied with the Company’s offerings; (2) in order to address the issue and retain customer loyalty, the Company would have to ensure more generous portion sizes, which would increase cost of sales; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Class Period

2/8/24 - 10/29/24

Deadline

January 10 2025

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7

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PAC

PACS Group, Inc.

Deadline

January 13 2025

Class Period

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired PACS Group: (a) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s April 11, 2024 initial public offering; and/or (b) securities between April 11, 2024 and November 5, 2024 inclusive.

Allegations

(1) the Company engaged in a “scheme” to submit false Medicare claims which “drove more than 100% of PACS’ operating and net income from 2020 – 2023”; (2) the Company engaged in a “scheme” to “bill thousands of unnecessary respiratory and sensory integration therapies to Medicare”; (3) the Company engaged in a scheme to falsify documentation related to licensure and staffing; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Class Period

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired PACS Group: (a) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s April 11, 2024 initial public offering; and/or (b) securities between April 11, 2024 and November 5, 2024 inclusive.

Deadline

January 13 2025

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SEC Fines Cassava Sciences, Inc., Lawsuit Follows
After investors learned that Cassava Sciences had lied about its clinical trials, they quickly sold off their shares in the pharmaceutical company, sending its stock price crashing 84%.  Now, some of those furious investors are suing the company to recover their losses.  Cassava developed simufilam, a potential Alzheimer treatment.  In February 2024, Cassava announced a...Read more

January 4, 2025

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Five9 Investors Sue Over Missed Projections and Stock Drop
When Five9, Inc. issued sky-high financial projections, investors’ hopes were in the clouds.  After the Company’s executives slashed those projections just months later, investors dumped their shares, sending Five9’s stock price crashing and triggered a lawsuit by shareholders seeking to recover their losses. Five9 provides software for cloud-based business centers.  In June 2024, the Company’s...Read more

January 3, 2025

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Allegations Against Sun Communities, Inc. CEO Lead to Class Action Lawsuit
Investors now doubt the integrity of Sun Communities, Inc. after a recent short-seller report made stunning allegations against the Company’s CEO.  Shocked investors have now filed a class action lawsuit against the company. According to the lawsuit, in 2019, Sun Communities’ CEO took a $4 million mortgage from the parents of one of the company’s...Read more

December 30, 2024

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