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Investors in Laser Photonics Corporation may be eligible to participate in a fraud investigation with the Schall Law Firm.
ByAinvest
Sunday, Jul 13, 2025 3:38 pm ET1min read
Laser Photonics Corporation is under investigation for securities law violations, allegedly issuing false and misleading statements and failing to disclose pertinent information. The company's shares fell 6.5% after disclosing delinquent financial reports. Investors can join the investigation with the Schall Law Firm.
Laser Photonics Corporation (NASDAQ: LASE) is under investigation for potential securities law violations, including the issuance of false and misleading statements and the failure to disclose pertinent information. The company's stock price fell by 6.53% after it disclosed delinquent financial reports on May 29, 2025 [1].The investigation, conducted by Pomerantz LLP, a leading firm in corporate and securities class litigation, focuses on whether Laser Photonics and its officers and/or directors have engaged in securities fraud or other unlawful business practices [1]. Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, to join the investigation [1].
On May 29, 2025, Laser Photonics disclosed that it had not received the Company's Form 10-Q for the period ended March 31, 2025, and that it remains delinquent in filing its Form 10-K for the period ended December 31, 2024. The company stated that the delay was primarily due to the acquisition of certain assets of CMS in November 2024, approximately six weeks before the end of its fiscal year, for approximately $1 million out of the bankruptcy proceedings of CMS's former parent company [1].
The company's stock price fell $0.16 per share, or 6.53%, to close at $2.29 per share on May 30, 2025, following the disclosure [1]. Investors who may have been affected by this situation are urged to contact the Schall Law Firm to discuss potential legal remedies [2].
References:
[1] https://www.morningstar.com/news/pr-newswire/20250712dc27310/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-laser-photonics-corporation-lase
[2] https://www.cnn.com/markets/stocks/LASE
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