PHILADELPHIA, May 13, 2024 (GLOBE NEWSWIRE) -- A securities fraud lawsuit has been filed against Innoviz Technologies Ltd. ("Innoviz" or the "Company") (NASDAQ:INVZ). The lawsuit is captioned Lucid Alternative Fund, LP v. Innoviz Techs Ltd., et al., No. 1:24-cv-01971 (S.D.N.Y.), and is filed on behalf of purchasers of Innoviz's securities between April 21, 2021 and February 28, 2023, inclusive (the "Class Period").
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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.
The complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Innoviz had overstated the benefits that it was likely to ...
INVZ) Investors to Inquire About a Securities Fraud Class Action by May 14, 2024>Full story available on Benzinga.com