LTRX - The Gross Law Firm Notifies Shareholders of Lantronix Inc.(LTRX) of a Class Action Lawsuit and an Upcoming Deadline | Benzinga

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lantronix, Inc. (NASDAQ:LTRX).

Shareholders who purchased shares of LTRX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/lantronix-inc-loss-submission-form/?id=73867&from=3 

CLASS PERIOD: May 11, 2023 to February 8, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Lantronix overstated demand and/or its visibility into demand for its IoT products, network-enabled devices, excluding traditional computers like laptops and servers; (ii) Lantronix's customers were reducing elevated levels of inventory of IoT products, ...

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