Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22,...

NEW YORK, Nov. 30, 2024 /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024 and August 28, 2024, both dates inclusive (the "Class Period"), of t the important December 6, 2024 lead plaintiff deadline.

So what: If you purchased iLearningEngines securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iLearningEngines' "Technology Partner" was an undisclosed related party; (2) iLearningEngines used its undisclosed related party Technology Partner to report "largely fake" revenue and expenses; (3) as a result of the foregoing, iLearningEngines significantly overstated its revenue; and (4) as a result of the foregoing, defendants' positive statements about iLearningEngines' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:      Laurence Rosen, Esq.      Phillip Kim, Esq.      The Rosen Law Firm, P.A.      275 Madison Avenue, 40th Floor      New York, NY 10016      Tel: (212) 686-1060      Toll Free: (866) 767-3653      Fax: (212) 202-3827      [email protected]      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

AILE

AILE Deadline: AILE Investors Have Opportunity to Lead iLearningEngines, Inc. Securities Fraud Lawsuit

<article style="font-family: Arial, sans-serif; line-height: 1.6; margin: 20px; padding: 15px; border: 1px solid #ccc; border-radius: 5px;">
 <h1 style="font-size: 24px; color: #333;">NEW YORK, Nov. 30, 2024 /PRNewswire/ --</h1>
 Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024 and August 28, 2024, both dates inclusive (the "Class Period"), of the important December 6, 2024 lead plaintiff deadline.
 So what: If you purchased iLearningEngines securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
 What to do next: To join the iLearningEngines class action, go to <a href="https://rosenlegal.com/submit-form/?case_id=28305" style="color: #1a0dab; text-decoration: none;">https://rosenlegal.com/submit-form/?case_id=28305</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="mailto:[email protected]" style="color: #1a0dab; text-decoration: none;">[email protected]</a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
 Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
 Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iLearningEngines' "Technology Partner" was an undisclosed related party; (2) iLearningEngines used its undisclosed related party Technology Partner to report "largely fake" revenue and expenses; (3) as a result of the foregoing, iLearningEngines significantly overstated its revenue; and (4) as a result of the foregoing, defendants' positive statements about iLearningEngines' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
 To join the iLearningEngines class action, go to <a href="https://rosenlegal.com/submit-form/?case_id=28305" style="color: #1a0dab; text-decoration: none;">https://rosenlegal.com/submit-form/?case_id=28305</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="mailto:[email protected]" style="color: #1a0dab; text-decoration: none;">[email protected]</a> for information on the class action.
 No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
 Follow us for updates on LinkedIn: <a href="https://www.linkedin.com/company/the-rosen-law-firm" style="color: #1a0dab; text-decoration: none;">https://www.linkedin.com/company/the-rosen-law-firm</a>, on Twitter: <a href="https://twitter.com/rosen_firm" style="color: #1a0dab; text-decoration: none;">https://twitter.com/rosen_firm</a> or on Facebook: <a href="https://www.facebook.com/rosenlawfirm/" style="color: #1a0dab; text-decoration: none;">https://www.facebook.com/rosenlawfirm/</a>.
 Attorney Advertising. Prior results do not guarantee a similar outcome.
 Contact Information: 
 Laurence Rosen, Esq. 
 Phillip Kim, Esq. 
 The Rosen Law Firm, P.A. 
 275 Madison Avenue, 40th Floor 
 New York, NY 10016 
 Tel: (212) 686-1060 
 Toll Free: (866) 767-3653 
 Fax: (212) 202-3827 
 <a href="mailto:[email protected]" style="color: #1a0dab; text-decoration: none;">[email protected]</a> 
 <a href="http://www.rosenlegal.com" style="color: #1a0dab; text-decoration: none;">www.rosenlegal.com</a>
 
 SOURCE THE ROSEN LAW FIRM, P. A.
</article>

Rosen Law Firm announces class action for AILE investors for misleading statements.
Lead plaintiff deadline is December 6, 2024, for affected investors.
Investors may claim compensation without upfront fees through contingency arrangements.
Lawsuit alleges AILE overstated revenues and misrepresented business prospects.

AILE Deadline: AILE Investors Have Opportunity to Lead iLearningEngines, Inc. Securities Fraud Lawsuit

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