Li Auto Inc. (LI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Li Auto Inc. (“Li Auto” or “the Company”) (NASDAQ: LI). Investors who purchased Li Auto securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LI.Investigation Details:On March 21, 2024, Li Auto issued a press release disclosing that, “[d]ue to lower-than-expected order intake, the Company now expects its vehicle deliveries for the first quarter of 2024 to be between 76,000 and 78,000 vehicles, revised from the previous vehicle delivery outlook of between 100,000 and 103,000 vehicles.” In addition, the Company stated their purported high-tech flagship family multipurpose vehicle, Li MEGA, had an operating strategy that was “mis-paced.” On this news, Li Auto’s American Depositary Share (“ADS”) price fell $2.55 per ADS, or 7.48%, to close at $31.53 per ADS on March 21,
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News
- Li Auto Stock Has 82% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- Why Shares of EV Stocks Nio, Li Auto, and XPeng Are Racing Higher Today [Yahoo! Finance]Yahoo! Finance
- ROSEN, A LEADING LAW FIRM, Encourages Li Auto Inc. Investors to Inquire About Securities Class Action Investigation – LIGlobeNewswire
- Renault talks to China's Li Auto and Xiaomi on tech collaboration [Reuters]Reuters
- Renault talks to China's Li Auto and Xiaomi on tech collaboration [Yahoo! Finance]Yahoo! Finance
LI
Sec Filings
- 4/23/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/12/24 - Form 6-K
- LI's page on the SEC website