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Stock impact report

iLearningEngines, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – AILE

iLearningEngines, Inc. (AILE) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of iLearningEngines, Inc. (NASDAQ: AILE). Shareholders who purchased shares of AILE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ilearningengines-loss-submission-form/?id=112588&from=3 CLASS PERIOD: April 22, 2024 to August 28, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s “Technology Partner” was an undisclosed related party; (2) the Company used its undisclosed related party Technology Partner to report “largely fake” revenue and expenses; (3) as a result of the foregoing, the Company significantly overstated its revenue; and (4) as a res Show less Read more
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