Levi & Korsinsky notifies investors that it has commenced an investigation into Luminar Technologies, Inc. (NASDAQ: LAZR) concerning potential violations of the federal securities laws.
Luminar issued a press release on May 14, 2025, announcing "the resignation of founder Austin Russell as President and CEO of the company and as the Chairperson of the Board, effective immediately, following a Code of Business Conduct and Ethics inquiry by the Audit Committee of the Board of Directors." Following this news, Luminar's stock price fell over 16% on May 15, 2025.
If you suffered a loss on your Luminar Technologies, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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