THE LAWSUIT: A class action securities lawsuit was filed against Exscientia plc (EXAI) that seeks to recover losses of Exscientia plc shareholders who were adversely affected by alleged securities fraud between March 1, 2019 and March 1, 2024
CASE DETAILS: Exscientia issued a press release, on February 13, 2024, “announc[ing] that its Board of Directors (the ‘Board’) has decided to terminate the employment of Andrew Hopkins as the Company’s Chief Executive Officer and Principal Executive Officer, and to remove Dr. Hopkins from his role as an Executive Director of the Board, in each case for cause and effective immediately. The Board’s decision was taken following an investigation which found that Dr. Hopkins had engaged in relationships with two employees that the Board determined were inappropriate and inconsistent with the Company’s standards and values.” Following this news, Exscientia’s stock price fell 20%.
WHAT’S NEXT? If you suffered a loss in Exscientia plc stock during the relevant time frame – even if you still hold your shares – go to https://zlk.com/pslra-1/exscientia-plc-lawsuit-submission-form?wire=18 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
