NEW YORK, April 16, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Laser Photonics Corporation (“Laser” or the “Company”) (NASDAQ: LASE).   Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Laser and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On March 29, 2023, Laser Photonics issued a press release “announc[ing] it will postpone reporting its fourth quarter and full-year 2022 ended December 31, 2022 and is canceling it webcast and conference call to discuss results that was scheduled to take place on March 30, 2023.”  The Company stated that it “intends to notify investors via press release when it is able to determine a date to report its fourth quarter and full-year 2022 numbers and reschedule its conference call to discuss these results.” 

On this news, Laser Photonics’ stock price fell $1.40 per share, or 22.84%, to close at $4.73 per share on March 30, 2023.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980

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