Core Summary - Block & Leviton is investigating iLearning Engines (Nasdaq: AILE) for potential securities law violations, focusing on accounting and corporate governance practices [1][2] - iLearning Engines' stock price has dropped 55% following allegations by Hindenburg Research that the majority of its revenue may not exist and its financials could be falsified [2] - Investors who have lost money in iLearning Engines may be eligible to recover losses through Block & Leviton's investigation, regardless of whether they have sold their shares [3] Investigation Details - Block & Leviton is assessing whether iLearning Engines violated securities laws and may file an action to recover losses on behalf of affected investors [4] - The firm is known for recovering billions of dollars for defrauded investors and is recognized as a leading securities class action firm in the US [7] Investor Actions - Investors who have suffered losses are encouraged to contact Block & Leviton via their case website, email, or phone to explore potential recovery options [5] - Whistleblowers with non-public information about iLearning Engines may assist in the investigation and could receive up to 30% of any successful recovery under the SEC whistleblower program [6] Firm Credentials - Block & Leviton has a strong track record of representing institutional investors and achieving significant recoveries through federal court litigation [7]
SHAREHOLDER ALERT: iLearning Engines Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm