The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of shareholders of Velodyne Lidar, Inc. (“Velodyne“) (NASDAQ:VLDR).
Velodyne develops and produces lidar (light detection and ranging) sensors that are used for measuring distances (ranging) by illuminating a target with laser light and measuring the time the reflection of the light takes to return to the sensor. Velodyne's lidar sensors are used in industrial, 3D mapping, drones, and auto applications in North America, the Asia Pacific, Europe, the Middle East, and Africa.
On February 22, 2021, Velodyne issued a press release announcing that David Hall, Velodyne's founder, has been removed from his role as Chairman of ...
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