Li Auto

LI

ATLANTA, GA – – (Globe Newswire – May 13, 2024) – – A shareholder class action lawsuit has been filed against Li Auto Inc. (“Li Auto” or the “Company”) (NASDAQ: LI). 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: (i) Li Auto had overstated the demand for its vehicles and the efficacy of its operating strategy in launching the Li MEGA; (ii) accordingly, the Company was unlikely to meet its Q1 2024 vehicle deliveries estimate; and (iii) the foregoing, once revealed, was likely to have a material negative impact on the Company’s financial condition.

If you bought Li Auto shares between February 26, 2024 and March 20, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/li-auto/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is July 9, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

July 9, 2024

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