Luminar Technologies, Inc. Class Action Lawsuit - LAZR

The filed complaint alleges that Luminar Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Luminar had misappropriated an image of a competitor’s photonic integrated circuit (“PIC”) to market the Company’s own products and capabilities; (ii) the foregoing conduct subjected the Company to a heightened risk of, inter alia, litigation and/or regulatory enforcement action; (iii) all the foregoing, once revealed, was likely to negatively impact Luminar’s business and reputation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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

If you suffered a loss in Luminar during the relevant time frame or pursuant to the relevant offering(s), you have until July 25, 2023 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.