Press release
Investigation announced for Long-Term Investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) over potential Wrongdoing
An investigation on behalf of current long term investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) shares.
Investors who are current long term investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: INVZ stocks follows a lawsuit filed against Innoviz Technologies Ltd. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: INVZ stocks, concerns whether certain Innoviz Technologies Ltd. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Innoviz had overstated the benefits that the Company was likely to derive from its purported contracts, partnerships, and/or collaborations with automotive companies, that as a result, the Company was unlikely to achieve the level of profitability that Defendants had represented to investors, that accordingly, Innoviz had overstated its business and/or financial prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Innoviz Technologies Ltd. (NASDAQ: INVZ) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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