According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- defendant Andrew Hopkins (“Hopkins”) had engaged in improper relationships with employees that were inconsistent with Exscientia’s standards and values;
- defendant David Nicholson had prior knowledge of defendant Hopkins’s relationships and had improperly addressed Hopkins’s misconduct without consulting the Board of Directors;
- Exscientia’s maintenance and enforcement of its Code of Business Conduct and Ethics was inadequate to safeguard against the foregoing conduct;
- the foregoing failures subjected Exscientia to a heightened risk of disruptive leadership transitions and/or reputational harm; and
- as a result, defendants’ public statements were materially false and/or misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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