NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. ("Innoviz" or the "Company") (NASDAQ:INVZ) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-01971 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Innoviz securities between April 21, 2021 and February 28, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Innoviz securities during the Class Period, you have until May 14, 2024 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
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Innoviz designs and manufactures solid-state light detection and ranging, or "LiDAR", sensors and develops perception software that purportedly enables the mass ...