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WLTH SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations
Globenewswire· 2026-01-23 23:00
NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Wealthfront Corporation (“Wealthfront” or the “Company”) (NASDAQ:WLTH) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On December 12, 2025, Wealthfront completed its Initial Public Offering (“IPO”) of 34,615,384 s ...
INVESTOR ALERT: Securities Class Action Filed Against BellRing Brands, Inc. – Contact Kirby McInerney LLP by March 23, 2026
Businesswire· 2026-01-23 23:00
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. on behalf of investors who acquired its securities during the specified class period, indicating potential legal challenges for the company [1]. Group 1 - The lawsuit pertains to investors who purchased BellRing securities from November 19, 2024, to August 4, 2025, suggesting a defined timeframe for the alleged grievances [1]. - Investors who experienced losses on their BellRing investments are encouraged to request lead plaintiff appointment by March 23, 2026, highlighting a deadline for participation in the lawsuit [1].
KLAR INVESTOR ALERT: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Klarna Group plc Investors
Globenewswire· 2026-01-22 23:00
Core Viewpoint - The law firm Kirby McInerney LLP is reminding investors of Klarna Group plc about the upcoming lead plaintiff deadline for a class action lawsuit related to the company's IPO and subsequent financial disclosures [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that Klarna's Registration Statement during its September 2025 IPO contained false or misleading statements and failed to disclose the risk of a significant increase in loss reserves shortly after the IPO [3]. - Klarna launched its IPO on September 2025, selling 34,311,274 shares at a price of $40.00 per share [4]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which revealed a substantial increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [4]. Group 2: Legal Process and Contact Information - The lead plaintiff in a class action lawsuit oversees the litigation and can influence key decisions, including litigation strategy and settlement [2]. - Investors who purchased Klarna securities and wish to learn more about the investigation can contact Lauren Molinaro of Kirby McInerney LLP for further information [6].
NAVN INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Navan, Inc.
Globenewswire· 2026-01-22 01:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating Navan, Inc. for potential violations of federal securities laws and other unlawful business practices following its recent IPO and subsequent financial disclosures [1][3]. Group 1: Company Overview - Navan, Inc. conducted its initial public offering on October 30, 2025, selling approximately 36.9 million shares at a price of $25.00 per share [3]. - The company reported a GAAP loss from operations of $79 million for the third quarter of fiscal 2026, compared to a loss of $19 million in the same period the previous year [3]. - Navan's GAAP operating margin was reported at (41%), a significant decline from (13%) in the same quarter of the previous year [3]. Group 2: Management Changes - Following the financial results announcement, Navan's CFO stepped down immediately, just six weeks post-IPO [3]. - The company agreed to provide the departing CFO with accelerated vesting of 100% of unvested restricted stock units and stock options, along with a cash payment of $3.7 million [3]. Group 3: Market Reaction - The announcement of the CFO's departure and the financial results led to a decline in Navan's share price by $1.74, or approximately 11.9%, dropping from $14.64 on December 15, 2025, to $12.90 on December 16, 2025 [3].
VENU INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Venu Holding Corporation
Businesswire· 2026-01-22 01:00
Group 1 - Venu Holding Corporation conducted its initial public offering on November 27, 2024, issuing 1.2 million shares at a price of $10.00 per share [1] - On November 14, 2025, Venu reported third-quarter financial results, revealing revenue of $5.38 million, which was a 1.3% year-over-year decline and missed consensus estimates by $2.05 million [1] - Following the financial report, Venu's share price dropped by $2.37, or approximately 21.45%, from $11.05 on November 14, 2025, to close at $8.68 on November 17, 2025 [1] Group 2 - Kirby McInerney LLP is investigating potential violations of federal securities laws by Venu and its senior management [1] - No lawsuit has been filed yet, and the investigation aims to determine if claims can be brought under federal securities laws [2] - The law firm specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [3]
STUB DEADLINE NOTICE: StubHub Holdings, Inc. Investors Encouraged to Contact Kirby McInerney LLP By January 23, 2026
Globenewswire· 2026-01-22 01:00
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for allegedly misleading investors during its September 2025 IPO regarding its financial health and cash flow situation [4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased securities based on the offering documents from the September 2025 IPO [4]. - Allegations include failure to disclose changes in vendor payment timing, which adversely affected free cash flow [4]. - The lawsuit claims that the free cash flow reports were materially misleading, impacting the integrity of the IPO offering documents [4]. Group 2: Financial Impact - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive free cash flow of $10.6 million [5]. - Following this earnings report, StubHub's share price dropped by $3.95, or approximately 21.0%, from $18.82 to $14.87 [5]. - By November 24, 2025, StubHub's stock price fell to $12.01, nearly 50% below the IPO price of $23.50 [6].
WEALTHFRONT CORPORATION INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-01-22 01:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Wealthfront Corporation ("Wealthfront†or the "Company†) (NASDAQ:WLTH). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On December 12, 2025, Wealthfront completed its Initial Public Offering ("IPO†) of 34,615,38. ...
FRMI SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Fermi Inc. Investors - Contact Kirby McInerney LLP by March 6, 2026
Businesswire· 2026-01-20 23:00
Core Viewpoint - Fermi Inc. is facing a class action lawsuit due to allegations of securities fraud related to its Project Matador campus, with significant implications for investors who purchased shares during the specified class period [3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Fermi securities between September 28, 2025, and December 11, 2025, alleging that the company overstated tenant demand for its Project Matador campus [3]. - Allegations include the reliance on a single tenant's funding commitment for financing the construction of Project Matador and the risk of that tenant terminating its funding commitment [3]. - Fermi's share price dropped significantly after the announcement that the first tenant had terminated a $150 million funding agreement, leading to a decline of approximately 33.8% from $15.25 to $10.09 per share [4]. Group 2: Investor Actions - Investors who suffered losses on their Fermi investments have until March 6, 2026, to request lead plaintiff appointment, which is crucial for overseeing the litigation [2]. - Individual investors can be appointed as lead plaintiffs, influencing key decisions in the lawsuit [2]. - Interested parties are encouraged to contact Kirby McInerney LLP for more information regarding their rights and interests in the lawsuit [5].
NAVN Investors: Contact Kirby McInerney LLP About Investigation into Navan, Inc.
Businesswire· 2026-01-20 23:00
Group 1 - The law firm Kirby McInerney LLP is investigating Navan, Inc. for possible violations of federal securities laws and other unlawful business practices [1] - Navan conducted its IPO on October 30, 2025, selling approximately 36.9 million shares at $25.00 per share [2] - In its Q3 fiscal 2026 results released on December 15, 2025, Navan reported a GAAP loss from operations of $79 million, compared to a loss of $19 million in the same period the previous year, resulting in a GAAP operating margin of -41% versus -13% [2] - Following the announcement of the CFO's immediate resignation and the associated financial compensation, Navan's share price dropped by $1.74, or approximately 11.9%, closing at $12.90 on December 16, 2025 [2]
Kirby Corporation (NYSE:KEX) Receives Upgrade from Citigroup
Financial Modeling Prep· 2026-01-20 17:00
Company Overview - Kirby Corporation (NYSE:KEX) is a leading provider of marine transportation and diesel engine services, operating a fleet of inland tank barges and towing vessels to transport bulk liquid products across the United States [1] - The company also offers diesel engine services for the marine, power generation, and industrial sectors, with main competitors including Ingram Barge Company and American Commercial Lines [1] Stock Performance - On January 20, 2026, Citigroup upgraded Kirby's stock to a "Buy" rating, increasing the price target from $131 to $145, reflecting confidence in the company's future performance and growth potential [2] - Currently, KEX is trading at $125.88, showing a slight decrease of 0.34% or $0.43, with fluctuations today ranging from a low of $125.37 to a high of $127.21 [3] - Over the past year, KEX has experienced a high of $127.21 and a low of $79.52, indicating volatility in its stock price [3] Market Capitalization and Trading Activity - Kirby's market capitalization is approximately $7.02 billion, representing the total market value of its outstanding shares [4] - The trading volume on the NYSE is 761,275 shares, indicating active investor interest which can influence stock price movements and overall market perception [4]