INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Luna Innovations Incorporated and Encourages Investors with Losses to Contact the Firm

March 13, 2024 2:26 PM EDT | Source: Schall Law Firm

Los Angeles, California--(Newsfile Corp. - March 13, 2024) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Luna Innovations Incorporated ("Luna" or "the Company") (NASDAQ: LUNA) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Luna is the subject of a report by Dow Jones on March 12, 2024. According to the report, the Company "said a special committee is reviewing certain 2023 transactions and Luna expects to report material weaknesses in internal controls." Based on this news, shares of Luna fell by more than 39% in intraday trading on March 13, 2024.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/201605

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