11/17/2023 0 Comments Luminar news![]() ![]() The Florida-based auto tech company reported a. Its founder, Austin Russel, has recently bought stock worth 8.9m, which is relatively insignificant, nevertheless it it is adding to the bullish momentum. Prior results do not guarantee similar outcomes. Luminar Technologies ( NASDAQ: LAZR) shares see-sawed in after hours trading on Tuesday as accelerating sales were balanced by widening losses. We like Luminar technologies Luminar Technologies (LAZR) is showing attractive price action with an inverse head and shoulders present on the daily chart. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. Obtén resultados rápidos de nivel profesional y una apariencia uniforme en todas tus fotos. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. There is no cost or obligation to you to participate in this case. (LAZR) delivered earnings and revenue surprises of 0 and 9.67, respectively, for the quarter. Luminar Technologies average media sentiment score of 0.92 beat Danas score of -0. MarketBeat recorded 4 mentions for Luminar Technologies and 3 mentions for Dana. The deadline to seek to be a lead plaintiff is July 25, 2023. (LAZR) Reports Q1 Loss, Tops Revenue Estimates. In the previous week, Luminar Technologies had 1 more articles in the media than Dana. NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LAZR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. Appointment as lead plaintiff is not required to partake in any recovery.ĪLLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Luminar had misappropriated an image of a competitor’s photonic integrated circuit (“PIC”) to market the Company’s own products and capabilities (ii) the foregoing conduct subjected the Company to a heightened risk of, inter alia, litigation and/or regulatory enforcement action (iii) all the foregoing, once revealed, was likely to negatively impact Luminar’s business and reputation and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.ĭEADLINE: JShareholders should not delay in registering for this class action. ![]() Shareholders who purchased shares of LAZR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. NEW YORK, J(GLOBE NEWSWIRE) - The Gross Law Firm issues the following notice to shareholders of Luminar Technologies, Inc. Luxury car company Mercedes-Benz is planning to add more autonomous technology into its next generation of vehicles, as part of a partnership expansion with Luminar. ![]()
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