In re Luna Innovations Incorporated Securities Litigation, Case No. 2:24-cv-02630-CBM-KS
Welcome to the Website for the Luna Innovations Incorporated Securities Litigation.
The purpose of this website is to inform Class Members that a proposed Settlement of the above captioned securities class action lawsuit has been reached.
This website concerns a lawsuit that a federal court has preliminarily certified as a class action for settlement purposes on behalf of investors (individuals and entities) who purchased or otherwise acquired Luna Innovations, Inc. securities during the period of May 16, 2022, through April 19, 2024, inclusive (the “Class Period”). The lawsuit is referred to as In re Luna Innovations Incorporated Securities Litigation, Case No. 2:24-cv-02630-CBM-KS (the “Action”) and is pending before the Honorable Consuelo B. Marshall in the United States District Court for the Central District of California (the “Court”).
This website is to inform you that the Court-appointed Lead Plaintiff and Class Representative, George Lang (“Class Representative”), has reached a settlement on behalf of the Class in the amount of $7,300,000 in cash with Defendants Luna Innovations Inc., Scott A. Graeff, Eugene J. Nestro, and George Gomez-Quintero (collectively, “Defendants”). The Settlement releases all claims for damages by Class Members provided for under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) which relate to the purchase or other acquisition of Luna securities during the Class Period.
Please read the long-form Notice to fully understand your rights and options.