The filed complaint alleges that defendants made false statements and/or concealed that: (i) Andrew Hopkins, the Company's former Chief Executive Officer, had engaged in improper relationships with employees that were inconsistent with the Company’s standards and values; (ii) David Nicholson, former Chairman of the Company’s Board of Directors, had prior knowledge of Hopkins’s relationships and had improperly addressed Hopkins’s misconduct without consulting the Board of Directors; (iii) the Company’s maintenance and enforcement of its Code of Business Conduct and Ethics was inadequate to safeguard against the foregoing conduct; (iv) the foregoing failures subjected the Company to a heightened risk of disruptive leadership transitions and/or reputational harm; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.
In order to be included in the lawsuit, you must have incurred a loss on shares of Exscientia purchased or acquired during the class period listed above.
If you suffered a loss in Exscientia during the relevant time frame, you have until June 25, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.