Pomerantz LLP is investigating claims on behalf of investors of Lumentum Holdings (“Lumentum” or the “Company”). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Lumentum and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On November 8, 2018, a wildfire started in the town of Pulga, California, and subsequently incinerated the nearby town of Paradise, killing at least 42 people. On November 13, 2018, The Associated Press reported that PG&E had contacted a resident of Pulga the day before the start of the fire, “saying they needed access to her property because their power lines were causing sparks.” Following this news, PG&E’s stock price fell sharply during intraday trading on November 13, 2018.