Stocks

Lantronix, Inc. Faces Class Action Lawsuit: Important News for LTRX Investors with Significant Losses

Published March 3, 2024

New York, March 3, 2024 — Investors in Lantronix, Inc., marked by the stock ticker LTRX, are being alerted to a filed class action lawsuit, a development brought to light by the law firm Bronstein, Gewirtz & Grossman, LLC, a firm with national recognition for its legal expertise. This legal motion is directed at Lantronix, Inc. and specific executive officers within the company.

About Lantronix, Inc.

Lantronix, Inc. specializes in delivering robust solutions for Edge Computing, Internet of Things (IoT), and Remote Environment Management (REM), through an array of Software as a Service (SaaS), hardware, and engineering services. The company’s operational footprint spans across the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan region, with its headquarters based in Irvine, California. LTRX is the stock's official ticker symbol.

Details of the Lawsuit

The lawsuit being publicized serves as a call to action for those investors who have suffered considerable financial damages in connection with their investments in LTRX. Bronstein, Gewirtz & Grossman, LLC urges those individuals to come forward and potentially take a leading position in the class action against Lantronix, Inc. The announcement underscores the law firm’s commitment to uphold the legal rights of investors and maintain the integrity of the market.

Lantronix, lawsuit, investor