Kuehn Law Encourages Investors of Luminar Technologies, Inc. to Contact Law Firm

New York, New York--(Newsfile Corp. - September 9, 2025) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Luminar Technologies, Inc. (NASDAQ: LAZR) breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Insiders at Luminar Technologies caused the company to misrepresent or fail to disclose that (1) Luminar's CEO was engaged in undisclosed conduct that would make him the subject of an inquiry by the Audit Committee of the Board of Directors; (2) this conduct created material risk that the CEO would be released from his positions at the Company; and (3) Luminar's loss of the CEO as an employee would then create material risk of adversely affecting the Company's business by making it more difficult to, compete with other market participants, manage R&D activities, and retain existing customers or cultivate new ones; (4) accordingly, Luminar had no reasonable basis to provide and/or maintain the Company's financial guidance; and (5) as a result, public statements were materially false and/or misleading at all relevant times.

If you currently own LAZR and purchased prior to March 20, 2025 please contact Justin Kuehn, Esq. here, by email at justin@kuehn.law or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

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For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265679