Recent Security Class Actions

Mynaric AG American Depository Shares (NASDAQ: MYNA)

19 Days left to seek lead plaintiff status.

Company Name:Mynaric AG American Depository Shares
Stock Symbol:NASDAQ: MYNA
Class Period Start:06/20/2024
Class Period End (inclusive):10/07/2024
Filing Deadline:12/30/2024

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) lower-than-expected production yields and component supplier shortages of key components were causing production delays for Mynaric's CONDOR Mk3 product; (ii) 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; (iii) as a result, Mynaric was unlikely to meet its own previously issued financial guidance for FY 2024; (iv) accordingly, the Company's business and/or financial prospects were overstated; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Mynaric AG American Depository Shares (NASDAQ: MYNA) Claim Form

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