Investor Alert: Class Action Deadlines Imminent for CMP, EXAI, AKRO, and MBUU Shareholders

LOS ANGELES, June 12, 2024 (GLOBE NEWSWIRE) -- Investors are hereby notified about the filing of class action lawsuits concerning certain publicly-traded companies. The Law Offices of Frank R. Cruz are currently representing shareholders in these cases and would like to remind eligible parties that they need to act before the specified deadlines to be able to participate as lead plaintiffs.

Legal Recourse for Affected Shareholders

Shareholders who suffered losses investing in the following companies are encouraged to consider taking legal action. The countdown has begun to initiate a lead plaintiff motion with regard to the proceedings for each entity:

• AKRO - Akero Therapeutics, Inc., a biopharmaceutical firm operating out of South San Francisco, California. Akero is focused on delivering cutting-edge treatments for NASH, with the goal of rebalancing metabolism and promoting overall health.
• MBUU - Loudon, Tennessee-based Malibu Boats, Inc., which specializes in the production and sales of a range of recreational boats. Malibu Boats offers an exciting array of watercrafts aimed at enthusiasts and connoisseurs alike.
• EXAI - Exscientia Limited, based in Oxford, the United Kingdom. This AI-driven enterprise is pioneering in the field of pharmaceutical technologies, revolutionizing the process of drug discovery and development.
• CMP - Compass Minerals International, Inc., a company involved in the extraction and sale of essential minerals with operations spreading across multiple countries including the U.S., Canada, Brazil, and the U.K. The firm's headquarters are located in Overland Park, Kansas.

Imminent Deadlines for Legal Claims

It is critical for investors to take note of the forthcoming deadlines for submitting a lead plaintiff motion. Delaying beyond these dates may result in disqualification from the class action lawsuit, potentially forfeiting any right to recover financial losses incurred. The Law Offices of Frank R. Cruz urges shareholders to respond promptly to protect their investments and hold the aforementioned companies accountable for any possible breaches of fiduciary duty or other wrongdoings. Each case has its own deadline and specific criteria that must be met, and the law firm is readily available to assist investors in navigating the legal process ahead.

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