When is the expected timeline for resolution of the securities fraud case and related disclosures?

Resolution timeline: The Rosen Law Firm’s notice indicates that all material disclosures tied to the Luminar securities‑fraud claim are slated for the September 22 2025 filing deadline. The firm further expects the litigation to be wrapped up in the fourth quarter of 2025, with a final settlement or court judgment projected for late Q4 2025 (approximately November–December) once the required disclosures have been filed and the parties have had time to negotiate or move toward trial.

Trading implications: Until the September 22 filing, the stock is likely to remain under pressure as investors price in the “cloud” of pending litigation. A clean, timely disclosure could provide a short‑term bounce, while any adverse amendment (e.g., a larger exposure or a pending class‑action settlement) could trigger further downside. Look for a break above the $12‑$13 resistance zone on strong volume after the September 22 filing as a bullish sign that the market has digested the disclosure. Conversely, a break below $10 on heightened volatility would suggest the case is escalating or that the disclosures are unfavorable, signaling a sell‑or‑short opportunity. Position sizes should be modest given the legal uncertainty, and a stop‑loss just below the nearest support (≈$9.5) can help manage downside risk.