BENSALEM, Pa., Oct. 25, 2024 /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against iLearningEngines, Inc. (“iLearningEngines” or the “Company”) AILE.
Class Period: April 22, 2024 – August 28, 2024
Lead Plaintiff Deadline: December 6, 2024
Investors suffering losses on their iLearningEngines investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the Company’s “Technology Partner” was an undisclosed related party; (2) that the Company used its undisclosed related party Technology Partner to report “largely fake” revenue and expenses; (3) that, as a result of the foregoing, the Company significantly overstated its revenue; 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.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
Newegg Commerce, Inc., a pioneer in computer and technology products, has set the stage for a tech extravaganza with its forthcoming FantasTech II Sale. Scheduled to run from October 7 to October 11, this sale event promises substantial markdowns on a plethora of tech products - from cutting-edge laptops, computer components, gaming peripherals, and smart home gadgets, to its exclusive line of ABS Gaming Desktops. Proudly assembled by Newegg, the array of items on sale caters to both average consumers and tech connoisseurs alike, making it one of the must-sees of the year.
(Graphic: Business Wire)
Newegg's VP of Product Management, Jim Tseng, expressed his elation as they commence the fourth quarter with a bang. The fervor around their first FantasTech Sale, which encompassed unbeatable deals across over 50 categories, has set the bar high for their upcoming event. Tseng underlined the significance of this sale by stressing how customers need not postpone their shopping spree until the holiday season arrives. The time is ripe to fulfill tech needs, as per Tseng.
Extending their returns policy for the holiday season, Newegg has also partnered with Affirm to unlock extra savings for customers. This collaboration aims to provide users with an optimal period for purchasing or constructing their dream PCs.
Essential Sale Details:Sale Dates: October 7 – October 11
Product Categories: Laptops, desktops, graphics cards, gaming accessories, desktop processors, motherboards, monitors, computer cases, hard drives, SSDs, memory, server components, security & surveillance, software, smart home devices, furniture, home audio, and more.
Featured Deals:
ABS Cyclone Aqua Gaming PC-i7-14700KF, RTX 4070 Super, 32GB DDR5 for $ 1129.99
ABS Cyclone Aqua Gaming PC: i5-13400F, RTX 4060 32GB DDR4, 1TB SSD for $829.99
ABS Cyclone Aqua Gaming PC: i7-14700F, RTX 4060 Ti, 32GB DDR5, 1TB SSD for $ 1179.99
AOSTIRMOTOR A20 500W Folding Electric Bike for $437.00
Exciting Deals in Tech WorldExploring Unmissable Tech DealsThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
View original content:https://www.prnewswire.com/news-releases/aile-investors-have-opportunity-to-lead-ilearningengines-inc-securities-fraud-lawsuit-302286830.html
SOURCE Law Offices of Howard G. Smith
Market News and Data brought to you by Benzinga APIs