Companies

Urgent Reminder for Innoviz Technologies Investors: Counsel Securing Deadline Approaching

Published May 14, 2024

In the investment community, a crucial deadline looms for shareholders of Innoviz Technologies Ltd. INVZ, a company at the forefront of autonomous vehicle technology with its solid-state LiDAR sensors and advanced sensing software. The company, rooted in Rosh HaAyin, Israel, is now the focal point of a significant securities class action suit that has garnered the attention of the prestigious Rosen Law Firm, known for championing investor rights globally.

Impending Deadline for Action

Investors who sustained substantial financial losses exceeding $100,000 are urged to take prompt action. The pivotal deadline is set for May 14, a date which mandates the securing of legal counsel for those affected by the alleged securities infractions that occurred within the designated class period between April 21, 2021, and February 28, 2023. As the window narrows, the importance of alignment with legal expertise grows ever more critical.

Details of the Class Action Suit

This class action lawsuit orbits allegations of potential misconduct by Innoviz Technologies, impacting investors who engaged with the company's securities during the specified timeframe. The Rosen Law Firm steps forward as an advocate prepared to remind and educate investors of the approaching deadline and the importance of joining the legal proceedings as a method to potentially recuperate significant losses.

deadline, lawsuit, reminder