Lantronix, Inc. Lawsuit Proceeds with Selection of Co-Lead Plaintiffs

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Published May 13, 2024

Neilsen v. Lantronix, Inc., et al., 8:24-cv-00385-FWS-JDE is a lawsuit currently pending in the United States District Court for the Central District of California. The action was filed on behalf of investors in Lantronix, Inc. (NASDAQ: LTRX) who allegedly suffered losses due to securities fraud by the company.

On May 7, 2024, United States District Judge Fred W. Slaughter signed an order appointing two Lantronix shareholders, Robert Ratliff and Hana Touati, as Co-Lead Plaintiffs and approving their choice of Levi & Korsinsky, LLP and Pomerantz LLP as Co-Lead Counsel for the class. A copy of the order can be viewed here.