Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Luna Innovations, Inc. (LUNA)

The law firm of Kirby McInerney LLP is investigating potential claims against Luna Innovations, Inc. (“Luna” or the “Company”) (NASDAQ: LUNA). The investigation concerns whether Luna and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

[Click here to learn more about the investigation]

After the market close on March 12, Luna disclosed that it identified a material weakness in its internal controls over financial reporting and that certain previously issued financial statements should no longer be relied on. On this news, the price of Luna shares declined by $2.24 per share, or approximately 35.78%, from $6.26 per share on March 12, 2024 to close at $4.02 on March 13, 2024.

If you purchased or otherwise acquired Luna securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at [e-mail], or by filling out this CONTACT FORM, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20240315150107/en/

The Luna Innovations (Old) Stock at the time of publication of the news with a raise of +6,71 % to 4,45USD on Nasdaq stock exchange (15. März 2024, 22:20 Uhr).