INVZ - ATTENTION NASDAQ: INVZ INVESTORS: Contact Berger Montague About an Innoviz Technologies Class Action Lawsuit | Benzinga
PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against Innoviz Technologies Ltd. ("Innoviz" or the "Company") (NASDAQ:INVZ) on behalf of purchasers of Innoviz's securities between April 21, 2021 and February 28, 2023, inclusive (the "Class Period").
Investor Deadline: Investors who purchased or acquired Innoviz securities during the Class Period may, no later than May 14, 2024, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation, please contact Berger Montague: James Maro at jmaro@bm.net or (267) 637-3176, or Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or CLICK HERE.
Innoviz designs and manufactures solid-state light detection and ranging, or "LiDAR," sensors and develops perception software that purportedly enables the mass production of autonomous vehicles. The Company operates in Europe, Asia Pacific, the Middle East, Africa, and North America.
Shortly after Innoviz began to trade publicly in April 2021, the Company represented that it had entered into contracts, partnerships, and/or collaborations with several noteworthy automotive original equipment manufacturers ("OEMs") globally. According to the defendants, these relationships would "uniquely position" Innoviz to make autonomous driving a commercial reality, and could be "leveraged to penetrate and partner with other OEMs customers and Tier-1 ...