CLASS ACTION UPDATE for HBNC, BYND and LAZR: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / June 5, 2023 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

HBNC Shareholders Click Here: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=40312&wire=1
BYND Shareholders Click Here: https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=40312&wire=1
LAZR Shareholders Click Here: https://zlk.com/pslra-1/luminar-lawsuit-submission-form?prid=40312&wire=1

* ADDITIONAL INFORMATION BELOW *

Horizon Bancorp, Inc. (NASDAQ:HBNC)

HBNC Lawsuit on behalf of: investors who purchased March 9, 2022 - March 10, 2023
Lead Plaintiff Deadline : June 20, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=40312&wire=1

According to the filed complaint, during the class period, Horizon Bancorp, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Beyond Meat, Inc. (NASDAQ:BYND)

BYND Lawsuit on behalf of: investors who purchased May 5, 2020 - October 13, 2022
Lead Plaintiff Deadline : July 10, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=40312&wire=1

According to the complaint, throughout the Class Period defendants made numerous materially false and misleading statements and omissions concerning the Company's ability to produce plant-based meats at scale. Specifically, defendants repeatedly assured investors that Beyond Meat conducted "extensive testing" to "ensure manufacturability" of its plant-based meat products at commercial scale, and touted the success of the Company's product tests with its large-scale partnerships as "very positive." Further, defendants blamed any delays in launching these large-scale partnerships on Covid-19.

Luminar Technologies, Inc. (NASDAQ:LAZR)

LAZR Lawsuit on behalf of: investors who purchased February 28, 2023 - March 17, 2023
Lead Plaintiff Deadline : July 25, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/luminar-lawsuit-submission-form?prid=40312&wire=1

According to the filed complaint, during the class period, Luminar Technologies, Inc. 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.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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