LUNA - Bragar Eagel & Squire P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Luna and HireRight Innovations and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Luna Innovations, Inc. (NASDAQ:LUNA), and HireRight Holdings Corporation (NYSE:HRT). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Luna Innovations, Inc. (NASDAQ:LUNA)
Class Period: August 11, 2023 - March 25, 2024
Lead Plaintiff Deadline: May 31, 2024
According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Luna Innovations' financial statements from August 10, 2023 to the present included false figures as a result of improper revenue recognition; (2) as a result, Luna Innovations would need to restate its previously filed financial statements from August 10, 2023 to November 14, 2023; (3) Luna Innovations lacked adequate internal controls; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
For more information on the Luna Innovations class action go to: https://bespc.com/cases/LUNA
HireRight Holdings Corporation (NYSE:HRT)
Class Period: pursuant and/or traceable to the Offering Documents issued in connection with HireRight's October 2021 initial public offering (the "IPO" or "Offering")
Lead Plaintiff Deadline: June 3, 2024
HireRight provides technology-driven workforce risk management and compliance solutions to ...