Finance

ROSEN, A LEADING LAW FIRM, Urges Li Auto Inc. Investors to Act Before the Deadline in Class Action Lawsuit - LI

Published May 22, 2024

Investors in Li Auto Inc. LI, the Chinese electric SUV manufacturer headquartered in Beijing, are being called upon by Rosen Law Firm to secure legal counsel in light of a pending securities class action deadline. The notable investor rights law firm is reminding those who have purchased securities of Li Auto Inc. during the period from February 26, 2024, to March 20, 2024, inclusively known as the 'Class Period', of the critical deadline of July 9, 2024, for the lead plaintiff appointment.

Investor Notice

The lawsuit filed pertains to allegations that the company may have issued materially misleading business information to the investing public. Rosen Law Firm is currently gathering more plaintiffs to enhance the force of the securities class action against Li Auto Inc. The firm’s dedicated pursuit aims to recover investors' losses by holding the company accountable for their alleged misrepresentations and legal transgressions during the Class Period.

About Li Auto Inc.

Li Auto Inc., trading under the symbol LI, focuses on creating and selling high-tech electric sport utility vehicles (SUVs). Rapidly making a name for itself in the electric vehicle industry, Li Auto combines innovative technology with sophisticated design to cater to the growing market for environmentally-friendly transportation solutions. Despite its prominence in the Chinese e-vehicle market, the company's recent legal challenges have cast a shadow over its industry and investment standing.

Proactive Steps for Affected Investors

Investors who have acquired Li Auto LI shares within the specified Class Period should be aware that the approaching deadline is crucial for their ability to participate as a lead plaintiff, a role that comes with greater control over the litigation. Rosen Law Firm is actively encouraging investors to get in touch before the July 9, 2024 date to ensure their rights are protected and to discuss their potential claims.

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