INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Luminar Technologies, Inc. - LAZR

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Luminar Technologies, Inc. and its officers or directors [1] Group 1: Company Developments - On May 14, 2025, Luminar announced the resignation of founder Austin Russell as President and CEO, as well as Chairperson of the Board, following an inquiry by the Audit Committee regarding the Code of Business Conduct and Ethics [3] - Following the announcement of Russell's resignation, Luminar's stock price dropped by $0.80 per share, representing a decline of 16.81$3.96 per share on May 15, 2025 [3] Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of advocating for victims of securities fraud and corporate misconduct [4]