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NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your
Innoviz Technologies Ltd. (NASDAQ:INVZ) investment and want to learn about a
potential recovery under the federal securities laws, follow the link below
for more information:
https://zlk.com/pslra-1/innoviz-technologies-ltd-lawsuit-submission-form?prid=73254&wire=1
or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call
(212) 363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against Innoviz
Technologies Ltd. that seeks to recover losses of shareholders who were
adversely affected by alleged securities fraud between April 21, 2021 and
February 28, 2023.
CASE DETAILS: The filed complaint alleges that defendants made false
statements and/or concealed that: (i) Innoviz had overstated the benefits that
the Company was likely to derive from its purported contracts, partnerships,
and/or collaborations with automotive companies; (ii) as a result, the Company
was unlikely to achieve the level of profitability that defendants had
represented to investors; (iii) accordingly, Innoviz had overstated its
business and/or financial prospects; and (iv) as a result, the Company's
public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Innoviz Technologies stock during the
relevant time frame - even if you still hold your shares - go to
https://zlk.com/pslra-1/innoviz-technologies-ltd-lawsuit-submission-form?prid=73254&wire=1
to learn about your rights to seek a recovery. There is no cost or obligation
to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has
established itself as a nationally-recognized securities litigation firm that
has secured hundreds of millions of dollars for aggrieved shareholders and
built a track record of winning high-stakes cases. The firm has extensive
expertise representing investors in complex securities litigation and a team
of over 70 employees to serve our clients. For seven years in a row, Levi &
Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as
one of the top securities litigation firms in the United States. Attorney
Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release
(https://www.accesswire.com/847978/levi-korsinsky-reminds-innoviz-technologies-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-may-14-2024--invz)
on accesswire.com
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