Exscientia p.l.c. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses.
/EIN News/ -- LOS ANGELES, June 17, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Exscientia p.l.c. (“Exscientia” or the “Company”) (NASDAQ: EXAI) investors who suffered substantial losses to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On April 26, 2024, a complaint was filed against the Company and certain of its officers and directors alleging that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendant [CEO] Hopkins had engaged in improper relationships with employees that were inconsistent with the Company’s standards and values; (ii) Defendant [Company’s Chairman of the Board of Directors] Nicholson had prior knowledge of Defendant Hopkins’s relationships and had improperly addressed Hopkins’s misconduct without consulting the Board; (iii) the Company’s maintenance and enforcement of its Code of Business Conduct and Ethics was inadequate to safeguard against the foregoing conduct; (iv) the foregoing failures subjected the Company to a heightened risk of disruptive leadership transitions and/or reputational harm; and (v) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
When investors learned the truth, Exscientia’s common stock declined precipitously, injuring investors.
The class action lawsuit is filed on behalf of investors who purchased or acquired Exscientia common stock between March 23, 2022, and February 12, 2024, inclusive (the “Class Period”).
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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