#United States #New York #Class Action #Lilium N.V. #Levi Korsinsky

Join the Class Action Against Lilium N.V.

Important Deadline Approaching
Investors in Lilium N.V. (OTC Other: LILM) are reminded that they have until January 6, 2025, to join a class action lawsuit aimed at recovering losses due to alleged securities fraud. This notification comes from the law firm Levi & Korsinsky, LLP, which specializes in protecting the rights of shareholders.

Background of the Case
The class action lawsuit indicates that there were significant misrepresentations by Lilium N.V. regarding its fundraising efforts, leading to losses among its investors. Specifically, the complaint asserts that between June 11, 2024, and November 3, 2024, the following actions occurred:
1. Lilium N.V. allegedly overemphasized the advancements in their fundraising activities.
2. The company reportedly exaggerated the prospects of securing adequate funding to sustain its operations.
3. There were claims that the imminent financial instability of Lilium N.V. was not properly disclosed to investors.
4. As a result, optimistic statements regarding the company's performance were misleading and lacked a solid foundation.

For those who have incurred losses during this period, the firm emphasizes the importance of making a timely request to be appointed as lead plaintiff. However, participation in the recovery process does not necessitate one to take on the lead plaintiff role.

No Financial Risk to Participants
Individuals who feel their investment in Lilium N.V. has suffered due to these alleged fraudulent practices can be part of this class action without bearing any out-of-pocket costs. The legal team at Levi & Korsinsky ensures that participants do not have to worry about fees or costs associated with their involvement in this case.

Expert Legal Representation
Levi & Korsinsky, LLP brings over 20 years of experience in successfully representing aggrieved shareholders. The firm has previously secured hundreds of millions in compensation for clients and is recognized in the ISS Securities Class Action Services' Top 50 Report as one of the leading securities litigation firms in the United States for the last seven years. With a robust team of over 70 professionals, Levi & Korsinsky has the resources and expertise to navigate complex securities litigation effectively.

For more information about joining the class action against Lilium N.V. or to get in touch with the firm, investors can email email protected] or call (212) 363-7500. Detailed information and the process for joining the lawsuit can also be found at [this link.

Conclusion
The upcoming deadline of January 6, 2025, is crucial for investors in Lilium N.V. who believe they have been misled. Taking prompt action can be essential in potentially reclaiming lost investments through the class action lawsuit. Don't miss the opportunity to join this legal effort to hold the company accountable for its alleged fraudulent activities.