INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Luminar Technologies, Inc. (LAZR) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Luminar Technologies, Inc. (“Luminar” or the “Company”) (NASDAQ: LAZR) investors concerning the Company’s possible violations of federal securities laws.

On March 17, 2023, news sources reported that Israeli startup, Lidwave, had threatened Luminar with legal action after accusing the Company of attempting to pass off a Lidwave processor as its own after Luminar showed an image of the processor at an investor conference and in materials on the Company’s website. Luminar subsequently removed the images in question from the presentation and its website.

On this news, Luminar’s stock price fell $0.68, or 8%, to close at $7.80 per share on March 20, 2023, thereby injuring investors.

If you purchased Luminar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone], toll-free at [phone], or by email to [e-mail], or visit our website at www.howardsmithlaw.com.

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