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Stock impact report

AILE Deadline Today: Rosen Law Firm Urges iLearningEngines, Inc. (NASDAQ: AILE) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

iLearningEngines, Inc. (AILE) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024 and August 28, 2024, both dates inclusive (the “Class Period”). iLearningEngines describes itself as an “AI-powered learning” automation software company.For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.The Allegations: Rosen Law Firm is Investigating the Allegations that iLearningEngines, Inc. (NASDAQ: AILE) Misled Investors Regarding its Business Operations.According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iLearningEngines’ “Technology Partner” was an undisclosed related party; (2) iLearningEngines used its undisclosed related party Technology Partner to report “largely fake” revenue and expenses; (3) as a result Show less Read more
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