Bragar Eagel & Squire, PC, a well-known shareholder rights law firm, has issued reminders to investors regarding class action lawsuits filed on behalf of shareholders of Intel Corporation, AXT, Inc., and Li Auto Inc. The deadlines for shareholders to request to be the lead plaintiff in each case are provided in the announcement.
Regarding Intel Corporation (NASDAQ: INTC), the class period is from January 25, 2024, to April 25, 2024, with a lead plaintiff deadline of July 2, 2024. The lawsuit alleges that Intel failed to disclose certain financial information related to its Foundry segment, leading to a significant stock price drop.
For AXT, Inc. (NASDAQ: AXTI), the class period is from March 24, 2021, to April 3, 2024, with a lead plaintiff deadline of July 5, 2024. The complaint accuses AXT, Inc. of making false statements about its holdings, environmental violations, and decreased production.
In the case of Li Auto Inc. (NASDAQ: LI), the class period is from February 26, 2024, to March 20, 2024, with a lead plaintiff deadline of July 9, 2024. The lawsuit alleges that Li Auto exaggerated demand for its electric vehicles and the effectiveness of its operating strategy, leading to a decrease in stock price after revised delivery estimates were announced.
Bragar Eagel & Squire, PC is a law firm that represents individual and institutional investors in various litigation cases. For more information about the firm and the class action lawsuits mentioned, visit their website.
For further details on each class action lawsuit, including specific allegations and deadlines, please refer to the provided links in the original content.
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https://www.globenewswire.com/news-release/2024/05/23/2886948/0/en/Bragar-Eagel-Squire-P-C-Reminds-Investors-That-Class-Action-Lawsuits-Have-Been-Filed-Against-Intel-AXT-and-Li-Auto-and-Encourages-Investors-to-Contact-the-Firm.html