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ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BAX
Globenewswire· 2025-10-30 23:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Baxter International Inc. common stock between February 23, 2022, and July 30, 2025, about the December 15, 2025, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Baxter common stock during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3] - The deadline to move the Court to serve as lead plaintiff is December 15, 2025, with the lead plaintiff representing other class members [3] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time and has recovered hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Allegations - The lawsuit alleges that Baxter misled investors by failing to disclose systemic defects in the Novum IQ Large Volume Pump, which led to serious risks for patients [5] - Specific issues included underinfusion, overinfusion, and complete non-delivery of fluids, with Baxter being aware of multiple malfunctions and injuries [5] - Baxter's inadequate remedial measures and the persistence of design flaws heightened the risk of halting sales and negatively impacted the company's statements regarding product safety and sales prospects [5]
DISCO Study Highlights Rapid Pace of Legal Generative AI Adoption, Key Barriers for Lawyers
Businesswire· 2025-10-30 12:46
Core Insights - Generative AI is rapidly transforming the legal technology landscape, particularly in eDiscovery, with 72% of legal professionals expecting to incorporate GenAI tools within the next 12 months or sooner [1][4][12] Industry Trends - The legal profession is experiencing a swift evolution driven by innovation, with a sense of urgency among legal teams to adapt to new technologies [2][3] - The pressure to adopt AI solutions is increasing, with 43% of law firm participants and 64% of corporate legal departments feeling pressure from leadership to implement AI [5][12] - The complexity of litigation is growing due to exploding data volumes, leading to longer and more complicated legal matters [6][12] Adoption Challenges - While there is a growing comfort level with the efficacy of AI tools, security concerns remain the primary barrier to adoption, cited by 68% of in-house participants and 70% of law firm participants [7][12] - The sheer number of generative AI options complicates the selection process, making it time-consuming for legal teams to find suitable solutions [12] Human Element - Despite increasing confidence in GenAI tools, legal professionals emphasize the ongoing need for human oversight and verification to maximize the technology's effectiveness [8][12] Survey Details - The survey conducted by DISCO and Ari Kaplan Advisors included 112 participants, with a balanced representation from law firms and corporate legal departments, focusing on the challenges and opportunities presented by generative AI [9]
DISCO Study Highlights Rapid Pace of Legal Generative AI Adoption, Key Barriers for Lawyers
Businesswire· 2025-10-30 12:46
Core Insights - Generative AI is rapidly transforming the legal technology landscape, particularly in eDiscovery, with 72% of legal professionals expecting to incorporate GenAI tools within the next 12 months or sooner [1][4][12] Industry Trends - The legal profession is experiencing a swift evolution driven by technological innovation, creating urgency among legal teams to adapt and enhance their performance [2][3] - The pressure to adopt AI solutions is increasing, with 43% of law firm participants and 64% of corporate legal departments feeling pressure from leadership to integrate AI [5][12] Adoption Challenges - Despite the growing comfort with AI capabilities, security concerns remain the primary barrier to adoption, with 68% of in-house participants and 70% of law firm participants citing data security and privacy as key concerns [7][12] - The sheer volume of data and its complexity are extending the litigation lifecycle, necessitating additional technology to manage these challenges [6][12] Future Outlook - The study indicates that most legal teams plan to incorporate generative AI into their routine processes within the next year, with 35% already having done so and 13% expecting to finish integration in six months [4][12] - The combination of human oversight with AI tools is seen as essential for maximizing the effectiveness of generative AI in legal practices [8][12]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – JHX
Globenewswire· 2025-10-29 23:33
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the performance of its North America Fiber Cement segment during the specified Class Period from May 20, 2025, to August 18, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie misled investors about the strength of its key segment, despite knowing that distributors were destocking inventory [5]. - Investors who purchased common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm for more information [3][6]. - A lead plaintiff must be appointed by December 23, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has been ranked highly in the field since 2013 [4].
ROSEN, A LEADING LAW FIRM, Encourages MoonLake Immunotherapeutics Investors to Secure Counsel Before Important Deadline in Securities Class Action – MLTX
Globenewswire· 2025-10-25 23:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of MoonLake Immunotherapeutics during the specified Class Period of the upcoming lead plaintiff deadline on December 15, 2025 [1] Group 1: Class Action Details - Investors who bought MoonLake common stock between March 10, 2024, and September 29, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The lawsuit claims that defendants made false or misleading statements regarding the efficacy of their product compared to traditional monoclonal antibodies, leading to investor damages when the truth was revealed [5] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]
ROSEN, A HIGHLY RANKED LAW FIRM, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-10-25 13:47
Core Viewpoint - Rosen Law Firm is reminding investors who purchased V.F. Corporation securities during the specified class period of the upcoming lead plaintiff deadline on November 12, 2025 [1] Group 1: Class Action Details - Investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The lawsuit alleges that V.F. Corporation's management provided misleading information regarding the company's turnaround plans, particularly concerning the Vans brand [5] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements [4]
Halper Sadeh LLC Encourages CS Disco, Inc. Shareholders to Contact the Firm to Discuss Their Rights
Businesswire· 2025-10-23 16:00
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of CS Disco, Inc. [1] Group 1 - The investigation pertains to whether the officers and directors acted in the best interests of shareholders [1] - Shareholders who acquired CS Disco stock on or before July 21, 2021, may seek various forms of relief, including corporate governance reforms and financial incentives [1]
DISCO to Announce Third Quarter 2025 Financial Results On November 5, 2025
Businesswire· 2025-10-22 20:15
Core Points - DISCO will announce its third quarter 2025 financial results on November 5, 2025, after market close [1] - A conference call and webcast to discuss the financial results will take place at 4:00 p.m. Central Time on the same day [2] - The company provides innovative litigation technology solutions, leveraging AI to enhance legal processes [4] Financial Results Announcement - The financial results for the third quarter ended September 30, 2025, will be reported after market close on November 5, 2025 [1] - A conference call will be accessible via phone and webcast, with specific dial-in numbers and conference ID provided [2] Company Overview - DISCO is recognized for its cloud-native platform that supports modern litigation, combining technology with professional services [4] - The company aims to simplify complex legal tasks and improve outcomes for law firms and corporations [4]
ROSEN, A LONGSTANDING LAW FIRM, Encourages Savara Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action– SVRA
Globenewswire· 2025-10-21 22:47
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Savara Inc. securities between March 7, 2024, and May 23, 2025, of the upcoming lead plaintiff deadline on November 7, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Savara securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2] - To serve as lead plaintiff, individuals must file a motion with the court by November 7, 2025 [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3] Group 3: Case Allegations - The lawsuit alleges that Savara's defendants made false or misleading statements regarding the MOLBREEVI Biologics License Application, which lacked sufficient information for FDA approval [4] - It is claimed that the delay in regulatory approval increased the likelihood of Savara needing to raise additional capital [4] - The lawsuit asserts that the public statements made by the defendants were materially false and misleading, resulting in investor damages when the true information became public [4]
ROSEN, A LONGSTANDING LAW FIRM, Encourages aTyr Pharma, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ATYR
Globenewswire· 2025-10-21 17:30
Core Viewpoint - Rosen Law Firm is reminding investors who purchased aTyr Pharma, Inc. common stock between January 16, 2025, and September 12, 2025, of the December 8, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought aTyr Pharma common stock during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is December 8, 2025, with the lead plaintiff representing other class members in the litigation [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - The firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [4]. Group 3: Case Background - The complaint alleges that defendants made misleading statements regarding the efficacy of Efzofitimod, particularly its ability to allow patients to taper steroid usage, leading to investor damages when the truth was revealed [5].