NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Neogen Corporation (“Neogen” or the “Company”) (NASDAQ: NEOG) securities during the period of January 25, 2023 through June 3, 2025, inclusive (“the Class Period”). If you suffered a loss on your Neogen investments, you have until September 16, 2025 to request lead plaintiff appointment. Follow the link below for more information: [CONTACT T ...

On this news, the price of Fortinet shares declined by $21.28 per share, or approximately 22%, from $96.58 per share on August 6, 2025 to close at $75.30 on August 7, 2025. NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Fortinet, Inc. ("Fortinet" or the "Company") (NASDAQ: FTNT). The investigation concerns whether Fortinet and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful busine ...

I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...

Core Insights - AVITA Medical, Inc. is under investigation by Kirby McInerney LLP for potential violations of federal securities laws and unlawful business practices [1][3] - The company's second quarter 2025 financial results revealed a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand [3] - AVITA's share price dropped by approximately 21% following the announcement of the backlog, from $5.38 to $4.25 per share [3] Company Overview - AVITA Medical, Inc. is involved in the development and commercialization of wound care products, specifically the Recell system [3] - The company faced challenges due to contractors from the Centers for Medicare & Medicaid Services failing to timely adjudicate claims and assign appropriate pricing for its products [3] Financial Impact - The backlog of unpaid claims accumulated from January to June 2025, leading to uncertainty among providers and a reduction in Recell utilization during the first half of the year [3] - The decline in share price reflects investor concerns regarding the company's operational challenges and financial health [3]

NEW YORK, Aug. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH). The investigation concerns whether Lantheus and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On August 6, 2025, Lantheus announced disappointing second quarter 2025 results, revealing earnings-per-share (“E ...

Core Viewpoint - Nutex Health Inc. is under investigation for potential violations of federal securities laws and unlawful business practices, following a significant surge in its share price and subsequent allegations of fraudulent activities related to its revenue reporting [1][3]. Group 1: Share Price Surge and Allegations - On July 22, 2025, Blue Orca Capital published a report claiming that Nutex's recent 20-fold share price increase was artificially inflated by a third-party vendor, HaloMD, which allegedly facilitated inflated billing awards [3]. - The report indicated that multiple federal lawsuits have been filed against HaloMD, alleging a fraudulent scheme that siphoned millions from insurers, raising doubts about the legitimacy of Nutex's reported revenue [3]. - Following the report, Nutex's share price fell by $11.18, approximately 10.05%, from $111.19 on July 21, 2025, to $100.01 on July 22, 2025 [3]. Group 2: Delay in Financial Reporting - On August 14, 2025, Nutex announced a delay in filing its quarterly financial statements for the period ending June 30, 2025, due to incomplete accounting adjustments [4]. - This announcement led to a further decline in Nutex's share price by $18.22, or approximately 16.39%, from $111.13 on August 14, 2025, to close at $92.91 on August 15, 2025 [4].

Group 1 - The law firm Kirby McInerney LLP is investigating potential claims against National Grid USA Service Company, Inc. for possible violations of federal securities laws and unlawful business practices [1] - A report by the National Energy System Operator revealed that a fire at Heathrow Airport was caused by a known fault at an electrical substation owned by National Grid, which the company had been aware of since 2018 but failed to address [3] - Following the release of the NESO report, National Grid's American Depositary Receipt (ADR) price fell by $3.77, or approximately 5.07%, from $74.38 to $70.61 [3] Group 2 - Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against BellRing Brands, Inc. regarding possible violations of federal securities laws and unlawful business practices [1] Group 1: Company Performance - On May 5, 2025, BellRing announced that several key retailers had lowered their weeks of supply on hand starting in Q2 2023, which would negatively impact Q3 2025 growth. The company also stated it would expand promotions to boost sales and offset reductions in retailer trade inventory levels [3] - Following this announcement, BellRing's share price fell by $13.96, approximately 18%, from $77.34 on May 5, 2025, to close at $63.38 on May 6, 2025 [3] - On August 4, 2025, BellRing reported disappointing quarterly consumption of Premier Protein RTD Shakes, which did not meet expectations of outpacing shipments due to retailer destocking. This led to a share price decline of $17.46, or approximately 33%, from $53.64 on August 4, 2025, to close at $36.18 on August 5, 2025 [4] Group 2: Legal Investigation - The investigation by Kirby McInerney LLP focuses on whether BellRing and/or its officers have engaged in unlawful business practices or violated federal securities laws [1] - The law firm has a history of successful recoveries in securities litigation, totaling billions of dollars for shareholders [7]

Core Insights - Kirby McInerney LLP is investigating potential claims against PubMatic, Inc. regarding possible violations of federal securities laws and unlawful business practices [1][3] - PubMatic reported a significant revenue decline expected in Q3 2025 due to reduced ad spend from a major demand-side platform (DSP) partner [3] Financial Performance - On August 11, 2025, PubMatic disclosed a headwind from a top DSP buyer that shifted clients to a new platform, impacting revenue [3] - Following the announcement, PubMatic's share price fell by $2.23, approximately 21.1%, from $10.57 to $8.34 [3]

Core Viewpoint - Albany International Corporation is under investigation for potential violations of federal securities laws and unlawful business practices, following disappointing financial results that led to a significant drop in share price [1][3]. Financial Performance - On July 30, 2025, Albany reported non-GAAP earnings per share of $0.57, which was $0.16 below consensus estimates [3]. - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3]. - Following the earnings announcement, Albany's share price fell by $16.77, or approximately 23.63%, from $70.96 to $54.19 [3]. Legal Investigation - Kirby McInerney LLP is investigating potential claims against Albany and its officers regarding possible violations of federal securities laws [1]. - The law firm is reaching out to individuals who purchased Albany securities or have relevant information to discuss their rights [4]. Law Firm Background - Kirby McInerney LLP specializes in securities, antitrust, whistleblower, and consumer litigation, with a history of achieving recoveries totaling billions of dollars for shareholders [6].