Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Intuitive Machines, Inc. (LUNR)

NEW YORK–(BUSINESS WIRE)–$LUNR #Investigation–The law firm of Kirby McInerney LLP is investigating potential claims against Intuitive Machines, Inc. (“Intuitive Machines” or the “Company”) (NASDAQ:LUNR). The investigation concerns whether Intuitive Machines and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.


[Click here to learn more about the investigation]

On February 22, 2024, Intuitive Machines’ Odysseus lunar lander reached the surface of the Moon, making Intuitive Machines the first private company to land on the Moon. On February 23, 2024, Intuitive Machines revealed that the Odysseus lander had “tipped over on touchdown” and was laying on its side, with subsequent reports asserting that contact with the lander would cease sooner than expected, and that the spacecraft’s mission would be cut short. On this news, the price of Intuitive Machines shares declined by $3.32 per share, or approximately 34.6%, from $9.59 per share on February 23, 2024 to close at $6.27 on February 26, 2024.

If you purchased or otherwise acquired Intuitive Machine securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this CONTACT FORM, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Kirby McInerney LLP

Thomas W. Elrod, Esq.

212-699-1180

https://www.kmllp.com
investigations@kmllp.com

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