Protect Your Investment: Contact Levi & Korsinsky About The Luminar Technologies, Inc. (LAZR) Investigation

NEW YORK, NY / ACCESS Newswire / May 16, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Luminar Technologies, Inc. ("Luminar Technologies, Inc.") concerning possible violations of federal securities laws.

Luminar issued a press release on May 14, 2025, announcing "the resignation of founder Austin Russell as President and CEO of the company and as the Chairperson of the Board, effective immediately, following a Code of Business Conduct and Ethics inquiry by the Audit Committee of the Board of Directors."

Following this news, Luminar's stock price fell over 16% on May 15, 2025. To obtain additional information, go to:

https://zlk.com/pslra-1/luminar-technologies-inc-lawsuit-submission-form?prid=148921&wire=1&utm_campaign=68

or contact Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

SOURCE: Levi & Korsinsky, LLP

View the original press release on ACCESS Newswire