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V.F. Corporation INVESTOR ALERT: Kirby McInerney LLP Notifies V.F. Corporation Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Globenewswire· 2025-10-09 22:00
Core Viewpoint - V.F. Corporation is facing a federal securities class action lawsuit due to significant declines in its Vans brand performance and misleading statements regarding its turnaround plans [4][5]. Financial Performance - V.F. Corporation reported a substantial decline in growth for its Vans brand, with losses worsening from 8% in the previous quarter to 20% in the fourth quarter of fiscal 2025 [4]. - The company's share price fell by $2.28, approximately 15.8%, from $14.43 on May 20, 2025, to $12.15 on May 21, 2025, following the announcement of these results [4]. Lawsuit Details - The lawsuit is on behalf of investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025, alleging that the company made materially false and misleading statements regarding its turnaround efforts [5]. - The lawsuit claims that significant reset actions were necessary for the Vans brand to return to growth, which were not disclosed to investors [5]. Company Actions - V.F. Corporation attributed its poor performance and below-expectation guidance to deliberate actions taken to eliminate unprofitable businesses, indicating that even without these actions, the Vans brand would have experienced a high single-digit revenue decline [4].
Semler Scientific, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Semler Scientific, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

Businesswire· 2025-10-02 00:00
Core Points - Semler Scientific, Inc. is currently involved in a pending federal securities class action, with a deadline of October 28, 2025, for investors to seek the role of lead plaintiff [1] Group 1 - The company is reminding investors about the deadline to participate in the class action [1] - Investors who purchased or acquired Semler Scientific securities are encouraged to reach out for more information [1]
FLYYQ ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Spirit Aviation Holdings, Inc. Investors
Businesswire· 2025-10-01 19:00
Core Points - A class action lawsuit has been filed on behalf of investors who acquired Spirit Aviation Holdings, Inc. securities during the Class Period from May 28, 2025, to August 29, 2025 [1] - Investors who suffered losses on their Spirit investments have until December 1, 2025, to request lead plaintiff appointment [1] Company Information - Spirit Aviation Holdings, Inc. is identified by its OTC ticker FLYYQ and NYSE ticker FLYY [1]
Kirby Corporation Announces Date for 2025 Third Quarter Earnings Release and Earnings Webcast
Globenewswire· 2025-09-30 20:05
Core Points - Kirby Corporation will announce its 2025 third quarter results on October 29, 2025, at 6:00 a.m. CDT, followed by an earnings conference call at 7:30 a.m. CDT [1] - The financial information discussed during the conference call will be available in a press release and a Form 8-K posted on Kirby's website prior to the call [3] Company Overview - Kirby Corporation is the largest domestic tank barge operator in the U.S., transporting bulk liquid products across the Mississippi River System, Gulf Intracoastal Waterway, and U.S. coasts [4] - The company operates through two segments: marine transportation (KMT) and distribution and services (KDS) [4] - KMT focuses on transporting petrochemicals, black oil, refined petroleum products, and agricultural chemicals, while KDS provides after-market services and equipment rentals for various industrial applications [4]
Kirby McInerney LLP Reminds Fortinet, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-29 22:00
Core Viewpoint - Fortinet, Inc. is facing a securities fraud class action lawsuit due to misleading statements regarding its business performance and the sustainability of its product upgrade cycle, which led to significant stock price decline after disappointing financial results [3][4]. Financial Performance - On August 6, 2025, Fortinet reported its Q2 2025 financial results, indicating that it was "approximately 40% to 50% of the way through the 2026 firewall upgrade cycle" [3]. - The company provided weaker than expected revenue guidance for Q3 2025, projecting revenue between $1.67 billion and $1.73 billion [3]. - Following the announcement, Fortinet's share price dropped by $21.28, or approximately 22%, from $96.58 to $75.30 [3]. Lawsuit Details - The lawsuit is on behalf of investors who purchased Fortinet securities from November 8, 2024, to August 6, 2025 [4]. - Allegations include that Fortinet made materially false and misleading statements about the impact and sustainability of a "record" upgrade cycle, claiming it would generate $400 million to $450 million in product revenue for 2025 and 2026 [4]. - The lawsuit asserts that Fortinet misrepresented the true nature of the upgrade cycle, which consisted of older products and did not have a clear understanding of the number of firewalls eligible for upgrades [4].
Pubmatic, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Pubmatic, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Businesswire· 2025-09-25 20:55
Core Viewpoint - PubMatic, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its business operations and financial outlook, particularly related to a significant reduction in ad spend from a top demand-side platform (DSP) partner [3][2]. Financial Performance - On August 11, 2025, PubMatic reported its second quarter 2025 financial results, revealing a decline in ad spend from a key DSP partner, which negatively impacted the company's revenue outlook [2]. - Following the announcement, PubMatic's share price dropped by $2.23, approximately 21.1%, from $10.57 to $8.34 per share [2]. Lawsuit Details - The class action lawsuit is on behalf of investors who purchased PubMatic securities between February 27, 2025, and August 11, 2025 [3]. - The lawsuit claims that the company failed to disclose critical information regarding the shift of clients to a new platform by a top DSP buyer, leading to reduced ad spend and revenue [3]. Legal Representation - Kirby McInerney LLP is the law firm representing the investors in this class action lawsuit, focusing on securities litigation and has a history of achieving significant recoveries for shareholders [4].
Kirby Approves $8 Million Buyback Program: Will it Aid the Bottom Line?
ZACKS· 2025-09-25 20:26
Core Insights - Kirby Corporation's board has authorized a stock repurchase of up to an additional $8 million shares, enhancing shareholder value and signaling confidence in its business strategy [1][8] - The new buyback authorization adds to a previous 5 million share repurchase program, allowing for a total of nearly 8.8 million shares to be repurchased [2][4] - Kirby's consistent share buyback efforts reflect its commitment to rewarding shareholders, with significant repurchases in recent years [4][5] Financial Performance - In 2024, Kirby generated $413.8 million in free cash flow, a substantial increase from $138.5 million in 2023, indicating strong financial health [5][8] - The adjusted EBITDA for Kirby in 2024 was reported at $708.3 million, showcasing operational efficiency [5] Market Position - Kirby's shares have declined by 22.3% year-to-date, contrasting with an 8.3% increase in the Zacks Transportation - Shipping industry [6] - The stock is currently trading at a forward 12-month price-to-sales ratio of 1.30X, which is below the industry average of 2.18X, suggesting an attractive valuation [15][16] Shareholder Initiatives - Kirby's buyback program is part of a broader trend in the transportation sector, with other companies like Werner Enterprises and Union Pacific also engaging in shareholder-friendly actions [10][12] - The upward revision of earnings estimates for Kirby over the past 90 days indicates positive market sentiment [13]
Kirby McInerney LLP Reminds V.F. Corporation Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-23 22:05
Group 1 - The core issue revolves around V.F. Corporation's significant decline in growth for its Vans brand, which reported a 20% loss in the fourth quarter of fiscal 2025, worsening from an 8% loss in the previous quarter [3] - The company attributed its disappointing results and below-expectation guidance to deliberate actions aimed at eliminating unprofitable businesses, indicating that even without these actions, Vans would have experienced a high single-digit revenue decline [3] - Following the announcement of these results, VFC's share price dropped by $2.28, approximately 15.8%, from $14.43 on May 20, 2025, to $12.15 on May 21, 2025 [3] Group 2 - A class action lawsuit has been filed on behalf of investors who purchased VFC securities between October 30, 2023, and May 20, 2025, alleging that the company made materially false and misleading statements regarding its turnaround plans for the Vans brand [4] - The lawsuit claims that the company concealed the need for additional significant reset actions to return the Vans brand to growth, which would adversely affect its revenue growth trajectory [4]
Kirby McInerney LLP Reminds Nutex Health Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm

Businesswire· 2025-09-22 18:34
NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP reminds investors who purchased Nutex Health Inc. ("Nutex†or the "Company†) (NASDAQ:NUTX) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost. If you suffered a loss on your Nutex investments, you have until October 21, 2025 to request lead plaintiff appointment. Follow the l. ...
Kirby McInerney LLP Reminds Semler Scientific, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-17 21:36
Core Viewpoint - Semler Scientific, Inc. is facing a securities fraud class action lawsuit due to alleged misleading statements regarding a Department of Justice investigation into the company's reimbursement claims related to the QuantaFlo device [3][5]. Group 1: Company Background and Events - On February 28, 2025, Semler disclosed in its Form 10-K that it received a civil investigative demand from the DOJ in July 2017 concerning its reimbursement claims [3]. - Following unsuccessful settlement discussions with the DOJ in February 2025, Semler's share price fell by approximately 9.39%, from $42.92 to $38.89 [3]. - On April 15, 2025, Semler announced a settlement agreement of $29.75 million to resolve all claims, leading to a further decline in share price by about 9.9%, from $34.40 to $31.00 [4]. Group 2: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Semler securities from March 10, 2021, to April 15, 2025, alleging that the company made false or misleading statements regarding the DOJ investigation [5]. - The lawsuit claims that the company failed to disclose material information about the investigation, which resulted in investor damages when the truth was revealed [5].