Laser Photonics Corp.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On October 1, shares of Laser Photonics Corp. fell by more than 13% following a report from Capybara Research. The report claims that the company has been involved in a long-term fraud led by its founder and controlling shareholder, Dmitri Nikitin. According to Capybara, Laser Photonics has concealed crucial financial information from investors and engaged in misleading business practices.
Recently, Laser Photonics restated its financials, acknowledging that none of its last six reports can be deemed reliable. The short report also points out a recent private placement of shares at a price significantly lower than the current market value, indicating that the company may be aware of its unsustainable valuation.
