ATLANTA, GA - (NewMediaWire) - March 13, 2024 - Holzer & Holzer, LLC is investigating whether Luna Innovations Incorporated (“Luna Innovations” or the “Company”) (NASDAQ: LUNA) complied with federal securities laws. On March 12, 2024, Luna Innovations announced it was delaying the release of its fourth quarter and fiscal year 2023 financial results. The Company also disclosed that it “currently anticipates reporting material weaknesses in internal controls related to evaluating customer arrangements for proper revenue recognition and other controls and will be working to remediate these issues.” Following this news, the Company’s stock price declined. 

If you purchased Luna Innovations stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at  cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at https://holzerlaw.com/case/luna-innovations/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:  

Corey Holzer, Esq.  

(888) 508-6832 (toll-free)  

cholzer@holzerlaw.com