Luminar Technologies investors have until Sept. 22, 2025, to lead a securities fraud lawsuit. Rosen Law Firm, a global investor rights law firm, reminds purchasers of Luminar securities between March 20, 2025, and May 14, 2025, of the deadline. Investors who purchased Luminar securities during the class period may be entitled to compensation without payment of fees or costs through a contingency fee arrangement.
Investors in Luminar Technologies, Inc. (NASDAQ: LAZR) are being reminded of the impending September 22, 2025, deadline to lead a securities fraud lawsuit against the company. Rosen Law Firm, a global investor rights law firm, is urging purchasers of Luminar securities between March 20, 2025, and May 14, 2025, to take action [1].
The lawsuit alleges that Luminar's executives made false and misleading statements and failed to disclose material risks during the class period. Specifically, it is claimed that Austin Russell, the President, CEO, and Chairman of the Board, was engaged in undisclosed conduct that could have led to his removal from the company, posing significant risks to Luminar's business operations and market position [2].
Investors who purchased Luminar securities during the class period may be entitled to compensation without incurring any out-of-pocket fees or costs through a contingency fee arrangement. This arrangement ensures that investors can seek reparation for their losses without upfront costs, making it a viable option for those overwhelmed by financial uncertainty.
Rosen Law Firm, known for its successful track record in securities class actions, is encouraging investors to select qualified counsel with a proven history of success. The firm has secured over $438 million in settlements for investors in 2019 alone and has been ranked in the top 4 for securities class action settlements each year since 2013 [2].
Investors who wish to join the Luminar class action can visit the designated portal at https://rosenlegal.com/submit-form/?case_id=14243 or contact Phillip Kim, Esq., at 866-767-3653 for more information. It is important to note that until a class is certified, investors retain the right to choose their legal representation or remain an absentee class member [2].
References:
[1] https://investorshangout.com/secure-your-rights-luminar-technologies-investors-alert-377057/
[2] https://www.prnewswire.com/news-releases/lazr-investors-have-opportunity-to-lead-luminar-technologies-inc-securities-fraud-lawsuit-302545943.html
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