LAWSUITS FILED AGAINST SPR, LAZR and ATLX - Jakubowitz Law Pursues Shareholders Claims

[ACCESSWIRE]

NEW YORK, NY / ACCESSWIRE / June 6, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

CONTACT JAKUBOWITZ ABOUT SPR:
https://claimyourloss.com/securities/spirit-class-action-loss-submission-form/?id=40454&from=1

Class Period: April 8, 2020 - April 13, 2023

Lead Plaintiff Deadline: July 5, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Luminar Technologies, Inc. (NASDAQ:LAZR)

CONTACT JAKUBOWITZ ABOUT LAZR:
https://claimyourloss.com/securities/luminar-class-action-loss-submission-form/?id=40454&from=1

Class Period: February 28, 2023 - March 17, 2023

Lead Plaintiff Deadline: July 25, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Luminar had misappropriated an image of a competitor's photonic integrated circuit ("PIC") to market the Company's own products and capabilities; (ii) the foregoing conduct subjected the Company to a heightened risk of, inter alia, litigation and/or regulatory enforcement action; (iii) all the foregoing, once revealed, was likely to negatively impact Luminar's business and reputation; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Atlas Lithium Corporation (NASDAQ:ATLX)

CONTACT JAKUBOWITZ ABOUT ATLX:
https://claimyourloss.com/securities/atlas-lithium-class-action-loss-submission-form/?id=40454&from=1

Class Period : March 25, 2022 - May 3, 2023

Lead Plaintiff Deadline : August 1, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE : Jakubowitz Law