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Stock impact report

MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit

Mynaric AG (MYNA) 
Company Research Source: PR Newswire
BENSALEM, Pa., Nov. 20, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Mynaric AG ("Mynaric" or the "Company") (NASDAQ: MYNA).Class Period: June 20, 2024 – October 7, 2024Lead Plaintiff Deadline: December 30, 2024Investors suffering losses on their Mynaric investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) lower-than-expected production yields and component supplier shortages of key components were causing production delays for Mynaric's CONDOR Mk3 product; (2) the foregoing issues were likely to have a material negative impact on the Company's revenue growth and cause the Company to incur an operating loss; (3) Show less Read more
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