ICON plc(ICLR)
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ICLR INVESTOR ALERT: ICON PLC Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-03-24 15:00
SAN DIEGO, March 24, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers of ICON PLC (NASDAQ: ICLR) ordinary shares between July 27, 2023 and October 23, 2024, both dates inclusive (the "Class Period"), have until Friday, April 11, 2025 to seek appointment as lead plaintiff of the ICON class action lawsuit. Captioned Shing v. ICON plc, No. 25-cv-00763 (E.D.N.Y.), the ICON class action lawsuit charges ICON as well as certain of ICON's top executive officers with violations of the ...
ICLR LAWSUIT ALERT: The Gross Law Firm Notifies ICON Public Limited Company Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-03-24 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ICON Public Limited Company regarding a class action lawsuit due to alleged misleading statements and failures to disclose material information during the class period from July 27, 2023, to October 23, 2024 [1]. Allegations - ICON is accused of suffering a material loss of business due to customer cost reduction measures and funding limitations impacting its client base [1]. - The company's functional service provision and hybrid model offerings were insufficient to protect against a significant market downturn [1]. - Requests for proposals from biotechnology customers were primarily used as price discovery tools, not indicative of actual client demand [1]. - Customers canceled contracts, limited engagements, delayed clinical trial work, and failed to enter new contracts at historical rates [1]. - ICON's two largest customers were diversifying their clinical research organization providers away from the company [1]. - As a result of the above issues, ICON's reported net new business awards and book-to-bill metrics misrepresented client demand for its services [1]. - Consequently, ICON was tracking materially below the 2024 revenue and EPS guidance issued during the class period, which lacked a reasonable factual basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of ICLR during the specified timeframe are encouraged to register for the class action by April 11, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case lifecycle [2].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ICON
GlobeNewswire News Room· 2025-03-23 13:10
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In ICON To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in ICON between July 27, 2023 and October 23, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 23, 2025 (GLOBE NEWSWIR ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ICON plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – ICLR
GlobeNewswire News Room· 2025-03-23 12:52
Core Viewpoint - Rosen Law Firm is reminding purchasers of ICON plc ordinary shares during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors without upfront costs [1][2]. Group 1: Class Action Details - The Class Period for the lawsuit is from July 27, 2023, to October 23, 2024, and the lead plaintiff deadline is April 11, 2025 [1]. - Investors can join the class action by submitting a form or contacting the law firm directly [2][5]. - A class action lawsuit has already been filed, and interested parties must act by the specified deadline to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions for investors, with over $438 million secured in 2019 alone [3]. - Founding partner Laurence Rosen has received recognition as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [3]. Group 3: Allegations Against ICON plc - The lawsuit alleges that ICON made false and misleading statements regarding its business performance, including a material loss of business due to client funding limitations [4]. - It is claimed that ICON's service offerings were inadequate to mitigate the effects of a market downturn, and that client demand was misrepresented [4]. - The lawsuit also states that ICON's largest customers were diversifying away from the company, leading to a significant discrepancy between reported business metrics and actual client demand [4].
ICLR CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds ICON Public Limited Company Shareholders of Securities Fraud Class Action Lawsuit
GlobeNewswire News Room· 2025-03-21 20:55
Core Viewpoint - A securities class action lawsuit has been filed against ICON Public Limited Company for allegedly making false and misleading statements regarding its business operations and financial health during the specified Class Period from July 27, 2023, to October 23, 2024 [1]. Group 1: Allegations Against ICON - The lawsuit claims that ICON suffered a material loss of business due to customer cost reduction measures and funding limitations affecting its client base [3]. - It is alleged that ICON's hybrid model offerings were inadequate to protect the company from a significant market downturn [3]. - The requests for proposals from biotechnology customers were reportedly used as price discovery tools rather than reflecting actual client demand [3]. - Customers of ICON are said to have canceled contracts, reduced engagements, and delayed clinical trial work, impacting new contract opportunities [3]. - The two largest customers of ICON were diversifying their service providers away from the company [3]. - As a result of these issues, ICON's reported net new business awards and book-to-bill metrics were claimed to misrepresent actual client demand [3]. - The positive statements made by ICON regarding its business and prospects were deemed materially misleading [3]. Group 2: Legal Process and Participation - Investors in ICON have until April 11, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [4]. - A lead plaintiff is typically the investor or group of investors with the largest financial interest and who are representative of the class [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4].
Class Action Filed Against ICON Public Limited Company (ICLR) - April 11, 2025 Deadline to Join – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-03-21 17:31
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in ICON Public Limited Company ("ICON " or the "Company") (NASDAQ: ICLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ICON investors who were adversely affected by alleged securities fraud between July 27, 2023 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/icon-public-limited-c ...
ICLR Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against ICON Public Limited Company (ICLR)
Prnewswire· 2025-03-21 12:47
Core Viewpoint - A securities class action lawsuit has been filed against ICON Public Limited Company for allegedly making materially false and misleading statements regarding its business operations and prospects during the Class Period from July 27, 2023, to October 23, 2024 [1]. Group 1: Allegations Against ICON - The lawsuit claims that ICON suffered a material loss of business due to customer cost reduction measures and funding limitations impacting its client base [2]. - It is alleged that ICON's hybrid model offerings were inadequate to protect the company from a significant market downturn [2]. - The requests for proposals from biotechnology customers were reportedly used as price discovery tools, not reflecting actual client demand [2]. - Customers of ICON are said to have canceled contracts, limited engagements, delayed clinical trial work, and failed to enter into new contracts at historical rates [2]. - The two largest customers of ICON were diversifying their providers away from the company [2]. - As a result of these issues, ICON's reported net new business awards and book-to-bill metrics allegedly misrepresented client demand for its services [2]. - Positive statements made by ICON regarding its business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]. Group 2: Lead Plaintiff Process - ICON investors have until April 11, 2025, to seek appointment as a lead plaintiff representative of the class or may choose to remain absent [3]. - A lead plaintiff acts on behalf of all class members and selects counsel to represent the class, with the ability to share in any recovery not affected by the decision to serve as a lead plaintiff [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and encourages ICON investors who have suffered significant losses to contact them for more information [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].
ICLR Investors are Reminded of Final Opportunity to Lead ICON Public Limited Company Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-19 14:18
LOS ANGELES, March 19, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ICON Public Limited Company ("Icon" or "the Company") (NASDAQ: ICLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between July 27, 2023 and October 23, 2024, inclusive (the "Class Peri ...
ICLR SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against ICON Public Limited Company (ICLR)
GlobeNewswire News Room· 2025-03-18 23:22
Core Viewpoint - A securities class action lawsuit has been filed against ICON Public Limited Company for allegedly making materially false and misleading statements regarding its business operations and financial health during the class period from July 27, 2023, to October 23, 2024 [1]. Allegations of Misconduct - The lawsuit claims that ICON suffered a significant loss of business due to customer cost reduction measures and funding limitations affecting its client base [3]. - ICON's hybrid model offerings were reportedly insufficient to mitigate the adverse effects of a market downturn [3]. - Requests for proposals from biotechnology customers were primarily used for price discovery rather than indicating actual client demand [3]. - Customers canceled contracts, reduced engagements, and delayed clinical trial work, impacting ICON's ability to secure new contracts at historical rates [3]. - Two of ICON's largest customers began diversifying their service providers away from the company [3]. - As a result of these issues, ICON's reported net new business awards and book-to-bill metrics misrepresented actual client demand [3]. - Positive statements made by ICON regarding its business and prospects were deemed materially misleading and lacked a reasonable basis [3]. Lead Plaintiff Process - Investors in ICON have until April 11, 2025, to seek appointment as a lead plaintiff representative of the class or may choose to remain absent [4]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [4]. - The lead plaintiff has the authority to select counsel to represent the class, subject to court approval [4].
ICON Public Limited Company Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 11, 2025 to Discuss Your Rights - ICLR
Prnewswire· 2025-03-18 09:45
NEW YORK, March 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in ICON Public Limited Company ("ICON " or the "Company") (NASDAQ: ICLR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ICON investors who were adversely affected by alleged securities fraud between July 27, 2023 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/icon-public-limited-company ...