Innoviz Technologies Ltd. Class Action Lawsuit - INVZ

Company
Innoviz Technologies Ltd. (NASDAQ: INVZ)
Lead Plaintiff Deadline
May 14, 2024 (Expired)
Class Period
April 21, 2021 - February 28, 2023

Expired

Lead Plaintiff Deadline

May 14, 2024

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Allegations

The filed complaint alleges that Innoviz Technologies Ltd. made materially false and/or misleading statements and/or failed to disclose that: (i) Innoviz had overstated the benefits that the Company was likely to derive from its purported contracts, partnerships, and/or collaborations with automotive companies; (ii) as a result, the Company was unlikely to achieve the level of profitability that defendants had represented to investors; (iii) accordingly, Innoviz had overstated its business and/or financial prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the INVZ class action lawsuit, you must have incurred a loss on shares of Innoviz Technologies purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Innoviz Technologies during the relevant time frame or pursuant to the relevant offering(s), you have until May 14, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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