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Published June 7, 2024
Lucid Alternative Fund, LP v. Innoviz Technologies Ltd., et al., 1:24-cv-01971-AT is a lawsuit currently pending in the United States District Court for the Southern District of New York. The action was filed on behalf of investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) who allegedly suffered losses due to securities fraud by the company.
On June 4, 2024, District Judge Analisa Torres signed an order appointing three investors, Jackob Raz, Harvey Tesler, and Joel Leon, as Co-Lead Plaintiffs and appointing Levi & Korsinsky, LLP and Pomerantz LLP as Co-Lead Counsel for the class. A copy of the order can be viewed here.