Core Viewpoint - Mynaric AG is facing a class action lawsuit due to alleged false and misleading statements regarding production delays and financial guidance, which may have negatively impacted investor confidence and the company's revenue growth [4]. Group 1: Class Action Details - The class action lawsuit pertains to Mynaric securities purchased between June 20, 2024, and October 7, 2024, with a lead plaintiff deadline set for December 30, 2024 [7]. - Investors who purchased Mynaric securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Allegations Against Mynaric - The lawsuit claims that Mynaric made false statements regarding production yields and component shortages, which led to production delays for its CONDOR Mk3 product [4]. - It is alleged that these issues would likely result in a material negative impact on the company's revenue growth and could lead to an operating loss [4]. - The company is accused of overstating its business and financial prospects, which misled investors [4].
MYNA DEADLINE TODAY: MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit