Shareholder alert: class action lawsuit filed on behalf of ilearningengines, inc. (aile) investors – holzer & holzer, llc encourages investors with significant losses to contact the firm

Atlanta, oct. 07, 2024 (globe newswire) -- a shareholder class action lawsuit has been filed against ilearningengines, inc. (“ilearningengines” or the “company”) (nasdaq: aile). the lawsuit alleges that defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the company's business, operations, and prospects, including allegations that: (1) ilearningengines' “technology partner” was an undisclosed related party; (2) the company used its undisclosed related party technology partner to report “largely fake” revenue and expenses; and (3) as a result of the foregoing, ilearningengines significantly overstated its revenue.
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