A new federal lawsuit involving Roanoke-based tech company Luna Innovations has a new set of defendants: the company’s board of directors.
Previous lawsuits that have been consolidated into a class-action filing have focused on the company itself, its former chief executive and two former chief financial officers, accusing them of issuing incorrect financial statements that illegally raised Luna’s stock price. That number has fallen precipitously ever since the company announced accounting errors that prevented it from issuing quarterly and annual reports.
But a case filed Monday in California’s Central District Federal Court identifies six board members and one retired member, in addition to ex-CEO Scott Graeff and former financial officers Eugene J. Nestro and George Gomez-Quintero…