Bronstein, Gewirtz & Grossman, LLC Announces Class Action Against Lilium N.V.

Bronstein, Gewirtz & Grossman, LLC, a prominent law firm, has announced the initiation of a class action lawsuit against Lilium N.V. and several of its executives. The lawsuit seeks compensation for investors who purchased or acquired Lilium securities between June 11, 2024, and November 3, 2024.

The legal action claims that during this period, Lilium and its executives made false and misleading statements that misrepresented the company’s financial health and future prospects.

Specifically, the lawsuit accuses the Defendants of overstating their fundraising efforts, exaggerating the probability of securing necessary funding, and failing to disclose the company’s impending insolvency.

These alleged actions led to misleading statements about the company’s operations and business outlook, which ultimately impacted investors.

Investors who believe they may have been affected by these issues are encouraged to participate in the class action. They can visit Bronstein, Gewirtz & Grossman’s website to learn more and review a copy of the complaint.

The law firm is inviting those who suffered a financial loss from their Lilium investments to consider requesting lead plaintiff status by January 6, 2025.

However, it’s important to note that being a lead plaintiff is not required for investors to benefit from any potential recovery in this case.

For more information you can visit the firm's website, investors may contact Peretz Bronstein, Esq. or Nathan Miller, Client Relations Manager, at 332-239-2660.

Bronstein, Gewirtz & Grossman, LLC (BG&G) is a well-established law firm specializing in securities, shareholder rights, and class action litigation. With a focus on representing individual and institutional investors, BG&G is committed to holding corporations and executives accountable for violations of securities laws. The firm offers a range of legal services, including shareholder derivative actions, securities fraud cases, and merger and acquisition disputes. Known for its experience and dedication, BG&G strives to recover financial losses for its clients and ensure justice in complex legal matters. The firm is headquartered in New York, with a national presence in litigation.

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