SAN FRANCISCO, March 25, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Luna Innovations Incorporated (NASDAQ:LUNA) investors who suffered substantial losses to submit your losses now.
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Luna Innovations Incorporated (LUNA) Investigation:
On Mar. 25, 2024, Luna announced that its CEO Scott Graeff has retired from his role as President and Chief Executive Officer of the Company and has stepped down from the Board of Directors, sending the price of fiber optic test and control company Luna Innovations shares sharply lower during intraday trading. Luna announced that its Board has initiated a search for a new President and CEO, and that longtime Chairman Richard Roedel has been appointed Executive Chairman and President on an interim basis.
Graeff's announced retirement immediately follows Luna's Mar. 12, 2024 disclosure that it would need to restate ...