MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Mynaric AG for alleged violations of securities laws, claiming the company made false and misleading statements regarding its production capabilities and financial performance [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Mynaric's securities between June 20, 2024, and October 7, 2024, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Mynaric - The complaint alleges that Mynaric's production delays were due to low production yields and component shortages affecting its CONDOR Mk3 product [4]. - It is claimed that these production issues are likely to negatively impact the company's revenue growth and overall financial performance [4]. - The lawsuit asserts that Mynaric's public statements were materially misleading, leading to investor damages when the truth was revealed [4].