Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, Sept. 05, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Xiao-I Corporation (“Xiao-I” or “the Company”) (NASDAQ: AIXI) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. European Wax Center investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On or around March 8, 2023, Xiao-I launched its initial public offering (IPO), selling 5.7 million American depositary shares (ADSs) at $6.80 each. Since the IPO, the price of Xiao-I’s ADSs has dropped significantly, causing losses for investors.

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, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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