Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Luminar Technologies, Inc. (LAZR)

Group 1 - A securities class action lawsuit has been filed against Luminar Technologies, Inc. for alleged misleading statements and undisclosed conduct by a key executive [1][2] - The lawsuit claims that the conduct of Defendant Russell posed a material risk to Luminar's business operations, including competition, R&D management, and customer relationships [2] - The complaint asserts that Luminar lacked a reasonable basis for its financial guidance due to the risks associated with Russell's potential departure [2] Group 2 - Investors who acquired Luminar shares during the specified class period are encouraged to contact the law firm for representation in the class action [3] - The lead plaintiff motion deadline is set for September 22, 2025, indicating a timeline for potential participants in the lawsuit [3]