LOS ANGELES, CA / ACCESSWIRE / March 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Luna Innovations Incorporated ("Luna" or "the Company") (NASDAQ:LUNA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Luna is the subject of a report by Dow Jones on March 12, 2024. According to the report, the Company "said a special committee is reviewing certain 2023 transactions and Luna expects to report material weaknesses in internal controls." Based on this news, shares of Luna fell by more than 39% in intraday trading on March 13, 2024.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm