Lightwave Logic shares fell after foundry process qualification and remaining customer qualification work reportedly pushed volume production into 2028. The investigation concerns potential securities law violations tied to how those qualification hurdles were presented to investors.

NEW YORK, Nov. 11, 2026 /PRNewswire/ — Slower foundry process qualification cycles were the reason Lightwave Logic, Inc. (NASDAQ: LWLG) gave on November 10, 2026, for moving its start of volume production from the second half of 2027 to 2028. On November 11, LWLG shares opened down roughly 15% to open at approximately $3.73 per share. If you bought Lightwave Logic stock and are now holding losses, act now. Investors who lost money are encouraged to submit your LWLG loss information now  or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com  or (888) SueWallSt.

On the Q3 2026 earnings call, management attributed the delay to “longer foundry wafer production schedules and process qualification cycles alongside the remaining customer development and product qualification work.” The Company described “a slower pace of silicon photonics foundries, both in terms of production cycles and PDK process qualification.” Wafers from one foundry partner yielded “a limited number of usable chips.” A fourth foundry run is only “tentatively scheduled for the first half of 2027.”

The Company reported five customer programs at Stage 3: Foxconn, Marvell, and three other Fortune Global 500 companies. Under the Company’s own framework, Stage 4 requires agreed commercial terms and a product “accepted by the end user and ready to be manufactured and shipped in volume.” After a Foxconn transceiver demonstration, management stated that “reliability testing, manufacturing preparation and customer-specific qualification activities are required before a program can move into volume production.” SueWallSt notifies investors of a pending investigation into potential securities law violations on behalf of Lightwave Logic investors who suffered losses.

Shareholders who suffered losses on LWLG can start a free, confidential loss review  or call (888) SueWallSt today.

WHY SUEWALLST : SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured billions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the LWLG Investigation

Q: Who is eligible to participate in the LWLG investigation?  A: Investors who purchased Lightwave Logic (NASDAQ: LWLG) stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses — not on whether you still hold the shares.

Q: How much did LWLG stock drop?  A: Shares fell roughly $0.66, or about 15.03%, to open at about $3.73 on November 11, 2026, following the Company’s third-quarter business update, and driven by a delay in its expected volume production timeline to 2028 from the second half of 2027. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek compensation.

Q: Which statements are being investigated as potentially misleading?  A: The investigation concerns whether Lightwave Logic made false or misleading statements regarding its volume-production timeline and the status of its foundry and customer qualification work. When the Company disclosed that volume production had moved to 2028, the stock price declined sharply.

Q: What do LWLG investors need to do right now?  A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery . No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?  A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my LWLG shares — can I still recover losses?  A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought LWLG and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?  A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys’ fees and expenses subject to court approval.

Q: What if I live outside the United States?  A: U.S. securities investigations generally cover purchases on U.S. exchanges regardless of the investor’s country of residence.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171

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SOURCE SueWallSt.com