Investors Advised to Seek Counsel as Deadline Approaches in Lantronix, Inc. Securities Class Action

Investors who purchased securities of Lantronix, Inc. LTRX, known for providing cutting-edge services in areas such as Edge Computing, Internet of Things (IoT), and Remote Environment Management (REM), are currently being reminded to secure legal counsel. The reminder comes ahead of an important deadline for a pending securities class action lawsuit concerning the company. The timeframe in question spans from May 11, 2023, to February 8, 2024, a period during which investors in LTRX may be affected.

Legal Implications for Investors

The Rosen Law Firm, recognized globally for its investor rights advocacy, urges those who acquired LTRX securities within the abovementioned class period to contact legal counsel prior to the deadline on April 23, 2024. This move is crucial for investors wishing to serve as the lead plaintiff in the lawsuit. However, it does not require participation in any recovery.

Company Profile: Lantronix, Inc.

Lantronix, Inc. operates from its headquarters in Irvine, California, extending its services across the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan regions. Its specialized portfolio includes SaaS, hardware, and engineering services, all designed to empower modern technological needs in various sectors. Despite the high-caliber service offerings, LTRX has come under legal scrutiny, leading to this class action which alleges issues affecting the interests of investors.

Lantronix, LTRX, Investors