Important Deadline for iLearningEngines, Inc. Investors in Class Action

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) --

WHY: The Rosen Law Firm, a prominent investor rights law firm, is reminding investors who purchased securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024, and August 28, 2024, about the urgent December 6, 2024 lead plaintiff deadline.

SO WHAT: If you have bought iLearningEngines securities during the specified period, you may qualify for compensation without incurring any upfront costs, thanks to a contingency fee arrangement.

WHAT TO DO NEXT: To join the iLearningEngines class action lawsuit, please visit this link or contact Phillip Kim, Esq. toll-free at 866-767-3653, or via email at [email protected] for details regarding the action. A class action has already been initiated, and if you wish to act as the lead plaintiff, you must do so by December 6, 2024. The lead plaintiff acts as a representative for other class members in guiding the litigation.

WHY ROSEN LAW: Investors are encouraged to seek qualified legal counsel with a proven success track record in leadership roles. Many firms advertising notices may lack the necessary experience, resources, or recognition. In fact, some firms do not actively litigate securities class actions but refer clients to other attorneys. Choosing effective counsel is crucial. The Rosen Law Firm has represented investors globally, focusing on securities class actions and shareholder derivative litigation, securing significant settlements. In the past, the firm has achieved the largest securities class action settlement against a Chinese Company up to that point, and has consistently ranked among the top law firms for securities class action settlements each year.

DETAILS OF THE CASE: The lawsuit alleges that during the Class Period, the defendants issued false and misleading statements and failed to disclose critical information, including the fact that iLearningEngines' "Technology Partner" was an undisclosed related entity, resulting in inflated revenue claims. The lawsuit maintains that once the truth was revealed, investors suffered losses.

To learn more about joining the iLearningEngines class action, please visit this page or contact Phillip Kim, Esq. via toll-free number 866-767-3653 or email [email protected] for additional details.

No class has been certified at this point. Until a class is officially certified, you are not represented by any legal counsel unless you retain one. You have the option to select your legal representatives or remain an absent class member without taking action. Participation as a lead plaintiff does not affect your potential recovery in any future settlements.

For updates, follow the Rosen Law Firm on LinkedIn: LinkedIn, Twitter: Twitter, or Facebook: Facebook.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

www.rosenlegal.com

iLearningEngines, lawsuit, investors