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FCX NOTIFICATION: BFA Law Notifies Freeport-McMoRan Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 12 Legal Deadline
Newsfile· 2025-12-10 12:18
FCX NOTIFICATION: BFA Law Notifies Freeport-McMoRan Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 12 Legal DeadlineDecember 10, 2025 7:18 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 10, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud after significant ...
ARE NOTIFICATION: BFA Law Notifies Alexandria Real Estate Equities, Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 26 Legal Deadline
Newsfile· 2025-12-10 12:18
ARE NOTIFICATION: BFA Law Notifies Alexandria Real Estate Equities, Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 26 Legal DeadlineDecember 10, 2025 7:18 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 10, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. (NYSE: ARE) and certain of the Company's senior executives for sec ...
INSP NOTIFICATION: BFA Law Notifies Inspire Medical Systems, Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 5 Legal Deadline
Newsfile· 2025-12-10 12:18
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. for securities fraud following a significant stock drop due to alleged violations of federal securities laws [2][4]. Company Overview - Inspire Medical Systems, Inc. develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [5]. Allegations and Issues - The lawsuit claims that Inspire misled investors by assuring them that all necessary steps were taken for the launch of Inspire V, which was not the case as the company failed to prepare clinicians and payors adequately, leading to delays in adoption [6][7]. - The launch of Inspire V faced significant challenges, including weak demand due to customers having excess inventory of older devices and delays in training and software updates necessary for billing [8][9]. Stock Performance - Following the announcement of an "elongated timeframe" for the Inspire V launch and a reduction in 2025 earnings per share guidance by over 80%, Inspire's stock price dropped by $42.04, or more than 32%, from $129.95 to $87.91 per share between August 4 and August 5, 2025 [8][9].
KMX NOTIFICATION: BFA Law Notifies CarMax, Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 2 Legal Deadline
Newsfile· 2025-12-10 12:17
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for securities fraud following a significant drop in stock price attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Maryland, titled Jason Cap v. CarMax, Inc., et al., No. 1:25-cv-03602, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 2, 2026, to request to be appointed to lead the case [3]. Group 2: Reasons for the Lawsuit - CarMax is accused of misleading investors regarding the demand for its vehicles, which was allegedly inflated due to a temporary boost from U.S. tariffs on cars [4]. - The unexpected departure of CEO Bill Nash on November 6, 2025, is also under investigation to determine if CarMax adequately assessed its portfolio of car loans [5]. Group 3: Stock Performance - On September 25, 2025, CarMax reported disappointing financial results, including a 5.4% decline in retail used unit sales and a net income drop from $132.8 million to approximately $95.4 million year-over-year [6]. - Following the financial report, CarMax's stock price fell by $11.45, or about 20%, from $57.05 to $45.60 per share [7]. - The announcement of CEO Bill Nash's departure and a weak preliminary Q3 2025 outlook led to an additional stock price drop of over 24% [7].
LRN NOTIFICATION: BFA Law Notifies Stride, Inc. Investors of the Pending Class Action Lawsuit and Upcoming January 12 Legal Deadline
Newsfile· 2025-12-10 12:17
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case [3]. Group 2: Allegations Against Stride - Stride is accused of inflating enrollment numbers by retaining "ghost students" and failing to comply with employee background checks and licensure laws [4][5]. - The company claimed to experience growth and high demand for its services, which is contradicted by the allegations of poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the lawsuit caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - Following Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05 [6].
ARDT NOTIFICATION: BFA Law Notifies Ardent Health, Inc. Investors of the Pending Class Action Investigation and to Contact the Firm if You Lost Money
Newsfile· 2025-12-10 12:17
ARDT NOTIFICATION: BFA Law Notifies Ardent Health, Inc. Investors of the Pending Class Action Investigation and to Contact the Firm if You Lost MoneyDecember 10, 2025 7:17 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 10, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Ardent Health, Inc. (NYSE: ARDT) for potential violations of the federal securities laws. If you invested in Ardent, you are encouraged to ob ...
SNPS NOTIFICATION: BFA Law Notifies Synopsys, Inc. Investors of the Pending Class Action Lawsuit and Upcoming December 30 Legal Deadline
Newsfile· 2025-12-10 12:17
SNPS NOTIFICATION: BFA Law Notifies Synopsys, Inc. Investors of the Pending Class Action Lawsuit and Upcoming December 30 Legal DeadlineDecember 10, 2025 7:17 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 10, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Synopsys, Inc. (NASDAQ: SNPS) and certain of the Company's senior executives for securities fraud after a significant stock d ...
MLTX NOTIFICATION: BFA Law Notifies MoonLake Immunotherapeutics Investors of the Pending Class Action Lawsuit and Upcoming December 15 Legal Deadline
Newsfile· 2025-12-10 12:17
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics and certain senior executives for potential violations of federal securities laws, with a legal deadline for investors to act by December 15, 2025 [2][4]. Company Overview - MoonLake Immunotherapeutics is a clinical-stage biotechnology company focused on developing therapies for inflammatory diseases [5]. - The company conducted Phase 3 VELA trials for sonelokimab (SLK), aimed at treating moderate to severe hidradenitis suppurativa [5]. Allegations and Clinical Data - The lawsuit alleges that MoonLake misrepresented its clinical data and the advantages of SLK's Nanobody structure compared to traditional monoclonal antibody treatments, which may have misled investors regarding the drug's regulatory approval and commercial viability [6][7]. Stock Performance - Following the announcement of disappointing results from the VELA Phase 3 trials on September 28, 2025, MoonLake's stock price plummeted nearly 90%, from $61.99 per share to $6.24 per share [8].
JEF NOTIFICATION: BFA Law Notifies Jefferies Financial Group Inc. Investors of the Pending Class Action Investigation and to Contact the Firm if You Lost Money
Newsfile· 2025-12-10 12:17
Core Viewpoint - Jefferies Financial Group Inc. and its trade finance arm, Point Bonita Capital, are under investigation for potential violations of federal securities laws following a significant bankruptcy of a key client, First Brands Group, LLC, which has raised concerns about their financial disclosures and internal controls [2][4][6]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP has initiated an investigation into Jefferies and Point Bonita for possible misleading statements related to their exposure to First Brands Group [7]. - The SEC is examining whether Jefferies adequately informed investors about their exposure to the auto business, which filed for bankruptcy with $12 billion in debt [6]. - Jefferies and Point Bonita had approximately $715 million in exposure to First Brands' receivables, representing about 25% of Point Bonita's trade finance portfolio [5]. Group 2: Financial Impact - Following the announcement of their exposure to First Brands, Jefferies' stock price dropped by $4.66 per share, or approximately 8%, from $59.10 on October 7, 2025, to $54.44 on October 8, 2025 [5]. - Investors are reportedly seeking redemptions from Point Bonita due to the financial fallout from First Brands' bankruptcy [5]. Group 3: Legal Options for Investors - Investors in Jefferies or Point Bonita are encouraged to contact BFA for potential legal options, with representation offered on a contingency fee basis [8].
DiagnaMed Enters Acquisition Agreement to Acquire Colchester East Natural Hydrogen Project in Nova Scotia
Newsfile· 2025-12-10 12:00
Core Insights - DiagnaMed Holdings Corp. has entered into an acquisition agreement to acquire the Colchester East Natural Hydrogen Project in Nova Scotia, which consists of 30 licenses totaling 2,104 claims [1][2] Strategic Importance - The acquisition positions DiagnaMed within Canada's most active natural hydrogen corridor, attracting attention from major players like Koloma and Rio Tinto, indicating the geological potential of the region [2][5] - The Colchester East Project is strategically located adjacent to significant natural hydrogen properties held by Quebec Innovative Materials Corp. (QIMC) and near recent staking initiatives by Koloma and Rio Tinto [5][6] Geological Indicators - The acquired licenses exhibit geological indicators similar to neighboring discoveries, including fault-controlled migration pathways and proven hydrogen-bearing stratigraphy, providing a solid foundation for exploration [6] Acquisition Terms - DiagnaMed will make a non-refundable cash payment of $10,000 and issue 10,000,000 common shares to the sellers, who will retain a 2.0% royalty on hydrogen or mineral revenues [8][9] - DiagnaMed has the option to repurchase 50% of the sellers' royalty for $2,000,000 [8] Corporate Update - Fabrice Consalvo has joined DiagnaMed's Board of Directors, bringing over 30 years of experience in the global energy sector, which will enhance the company's governance and commercialization strategy [10][11]