Companies

Investor Notice: Class Action Lawsuit Deadline Approaches for Innoviz Technologies Ltd. (INVZ)

Published April 27, 2024

Investors who have purchased shares in Innoviz Technologies Ltd. INVZ, a company that specializes in creating cutting-edge LiDAR sensors and sensing software for autonomous vehicles, are being alerted by Glancy Prongay & Murray LLP ('GPM') to a significant upcoming date. As part of a class action lawsuit against Innoviz Technologies, INVZ shareholders are reminded that May 14, 2024, is the last day to file a lead plaintiff motion.

Essential Litigation Information for INVZ Shareholders

Investors who have acquired shares of Innoviz Technologies INVZ and are concerned about their investment should note the deadline to actively participate in the class action suit. The lawsuit addresses allegations of certain violations of federal securities laws and pertains to investors who have purchased company stock between specific dates. Those who wish to serve as a lead plaintiff in this matter must file their motion by the indicated deadline, which serves as a pivotal point in the class action process. It is at this juncture that a lead plaintiff is selected to represent the class of affected investors in the suit.

About Innoviz Technologies Ltd. INVZ

Centered in Rosh HaAyin, Israel, Innoviz Technologies Ltd. INVZ operates in the technology sector, focusing particularly on the design and manufacturing of advanced solid-state LiDAR sensors. Their technology is instrumental in the development and mass production of autonomous vehicles. Innoviz's market presence and its commitment to innovation make it an essential player in the automotive industry's rapidly evolving landscape.

Investment, Legal, Deadline