LOS
ANGELES, July 4, 2024 /PRNewswire/ -- The DJS
Law Group reminds investors of a class action lawsuit against Li
Auto Inc. ("Li Auto" or "the Company") (NASDAQ: LI) for violations
of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder by
the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of LI during the class period
listed are encouraged to contact the firm prior to the lead
plaintiff deadline. Appointment as lead plaintiff is not required
to partake in any recovery, but may provide investors with more
control over the case.
CLASS PERIOD: February 26,
2024 to March 20, 2024
DEADLINE: July 9, 2024
CASE DETAILS: The complaint focuses on whether the
Company made false and misleading statements to the market. Li Auto
allegedly overstated the demand for its cars and its
strategy in launching the Li MEGA, its first battery electric
model. The Company was unlikely to meet its Q1 2024 deliveries
target. Based on these facts, the Company's public statements were
false and materially misleading throughout the class period. When
the market learned the truth about Li Auto, investors suffered
damages.
NEXT STEPS: Investors are encouraged to contact
David Schwartz, the managing partner
of DJS Law Group, at David@djslawllp.com
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/li-auto-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights---li-302189386.html
SOURCE DJS Law Group LLP
