Laser Photonics Corporation Class Action Lawsuit - LASE

The filed complaint alleges that Laser Photonics Corporation made materially false and/or misleading statements and/or failed to disclose that: Laser Photonics disclosed in a filing with the U.S. Securities and Exchange Commission on May 29, 2025, that it had “received a notice from Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (‘Nasdaq’) stating that since it had not received the Company’s Form 10-Q for the period ended March 31, 2025, and because the Company remains delinquent in filing its Form 10-K for the period ended December 31, 2024 (the ‘Initial Delinquent Filing’), the Company does not comply with Nasdaq’s Listing Rules for continued listing.” Laser Photonics said that “the Company has until June 16, 2025, to submit a plan to regain compliance with respect to these delinquent reports.” Laser Photonics specified that the delay was “primarily due to [Laser Photonics’] acquisition of certain assets of CMS in November 2024 . . . , approximately six weeks before the end of [Laser Photonics’] fiscal year, for approximately $1 million out of the bankruptcy proceedings of CMS’s former parent company.” Following this news, Laser Photonics’ stock price fell over 6% on May 30, 2025.

In order to be eligible to join the LASE class action lawsuit, you must have incurred a loss on shares of Laser Photonics Corporation purchased during the class period listed above.