Luminar Technologies, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - LAZR

Core Viewpoint - A class action lawsuit has been filed against Luminar Technologies, Inc. for alleged violations of the Securities Exchange Act, with claims that the company made false and misleading statements during a specified class period [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from March 20, 2025, to May 14, 2025, with a deadline for participation set for September 22, 2025 [2]. - The complaint alleges that Luminar's Board of Directors initiated an investigation into CEO Austin Russell's conduct, suggesting that his potential departure could negatively affect client relationships and the business overall [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for possible lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress, with no associated costs or obligations [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].