SHAREHOLDER ALERT: Investigation of Lilium (LILM) Announced by Holzer & Holzer, LLC

March 16, 2022 10:43 AM EDT | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - March 16, 2022) - Holzer & Holzer, LLC is investigating whether Lilium N.V. ("Lilium" or the "Company") (NASDAQ: LILM) complied with federal securities laws. On March 14, 2022, Iceberg Research published a report questioning the ability of the aviation startup to build a viable jet, alleged the Company misrepresented its access to batteries to help raise capital, and estimated the Company is about 18 months away from running out of cash. Following this report, the Company's stock price dropped.

If you purchased Lilium stock and suffered a loss on that investment, you are encouraged to contact Marshall Dees, Esq. at  mdees@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights. 

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT: 

Marshall P. Dees, Esq. 
(888) 508-6832 (toll-free) 
mdees@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117003

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