LUMINAR DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Luminar Technologies, Inc. Investors to Secure Counsel Before Important September 22 Deadline in Securities Class Action - LAZR

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 on September 22, 2025 [1]. 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]. - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Luminar's executives made false and misleading statements and failed to disclose critical information regarding CEO Austin Russell's conduct, which was under inquiry by the Audit Committee [5]. - The undisclosed conduct posed a material risk of Russell's potential removal, which could adversely affect Luminar's business operations and competitive standing [5]. - The lawsuit claims that Luminar lacked a reasonable basis for its financial guidance, leading to materially false public statements [5].