Lilium N.V. Class Action Lawsuit - LILM

The filed complaint alleges that Lilium N.V. made materially false and/or misleading statements and/or failed to disclose that: (1) defendants overstated the progress of the Company’s fundraising activities; (2) defendants overstated the likelihood and/or feasibility of obtaining sufficient funding to continue operations; (3) defendants failed to sufficiently disclose the imminent insolvency of the Company and its subsidiaries; and (4) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

In order to be eligible to join the LILM class action lawsuit, you must have incurred a loss on shares of Lilium N.V. purchased during the class period listed above.

If you suffered a loss in Lilium N.V. during the relevant time frame or pursuant to the relevant offering(s), you have until January 6, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.