LAZR Deadline: LAZR Investors Have Opportunity to Lead Luminar Technologies, Inc. Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Luminar Technologies, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Luminar securities between March 20, 2025, and May 14, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 22, 2025 [3][6]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Luminar - The lawsuit alleges that Luminar's executives made false and misleading statements and failed to disclose critical information regarding the conduct of Austin Russell, the company's President, CEO, and Chairman [5]. - Specific claims include that Russell's undisclosed conduct posed a material risk to his position and, consequently, to Luminar's business operations and competitive standing [5]. - The lawsuit asserts that Luminar lacked a reasonable basis for its financial guidance due to these undisclosed risks, leading to materially false public statements [5].