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ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Xiao-I Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - AIXI
GlobeNewswire News Room· 2024-11-16 20:02
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Xiao-I Corporation's American depository shares (ADSs) during the IPO and the subsequent class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Xiao-I ADSs during the IPO or between March 9, 2023, and July 12, 2024, 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 must move the Court to serve as lead plaintiff by December 16, 2024 [3]. Group 2: Legal Representation - The 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 recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that Xiao-I Corporation made false and misleading statements regarding its financial health and compliance with regulations, including downplaying risks related to its Chinese shareholders and failing to comply with U.S. GAAP [5]. - Specific claims include overstating AI capabilities, R&D resources, and the potential for compliance with NASDAQ's listing requirements, which could lead to significant financial repercussions for investors [5].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages The Toronto-Dominion Bank Investors to Secure Counsel Before Important Deadline in Securities Class Action – TD
GlobeNewswire News Room· 2024-11-16 00:08
Core Viewpoint - The Rosen Law Firm is reminding investors who purchased securities of The Toronto-Dominion Bank (TD) during the specified class period of their potential entitlement to compensation through a class action lawsuit, with a lead plaintiff deadline set for December 23, 2024 [2][3]. Group 1: Class Action Details - Investors who bought TD securities between February 29, 2024, and October 9, 2024, may be eligible for compensation without any out-of-pocket fees due to a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [3][8]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and securing over $438 million for investors in 2019 alone [4]. Group 3: Case Background - The complaint alleges that TD provided misleading information regarding its anti-money laundering (AML) program, which was intended to comply with the U.S. Bank Secrecy Act [5]. - Defendants reportedly made overly positive statements about the AML program while concealing significant failures, leading to artificially inflated security prices for investors [6].
ROSEN, A LEADING LAW FIRM, Encourages Chipotle Mexican Grill, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMG
GlobeNewswire News Room· 2024-11-15 17:19
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Chipotle Mexican Grill, Inc. common stock and options during the specified Class Period, alleging that the company made materially false and misleading statements regarding its business operations and customer satisfaction [1][5]. Group 1: Lawsuit Details - The class action lawsuit covers purchasers of Chipotle securities between February 8, 2024, and October 29, 2024 [1]. - Allegations include that Chipotle's portion sizes were inconsistent, leading to customer dissatisfaction, and that the company would need to increase portion sizes to retain customer loyalty, which would raise costs [5]. - The lawsuit claims that the defendants' statements about Chipotle's business and prospects were materially false and misleading [5]. Group 2: Participation Information - Investors who purchased Chipotle securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].
ROSEN, A LEADING LAW FIRM, Encourages Edwards Lifesciences Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – EW
GlobeNewswire News Room· 2024-11-13 21:43
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Edwards Lifesciences Corporation during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Edwards securities between February 6, 2024, and July 24, 2024, 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 must move the Court to serve as lead plaintiff by December 13, 2024 [3]. - The lawsuit claims that during the Class Period, Edwards provided misleading information regarding its expected revenue and the growth of its core product, Transcatheter Aortic Valve Replacement (TAVR) [5]. 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 [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [4].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Xiao-I Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – AIXI
GlobeNewswire News Room· 2024-11-13 18:27
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Xiao-I Corporation's American depository shares (ADSs) during the IPO and the subsequent class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Xiao-I ADSs during the IPO or between March 9, 2023, and July 12, 2024, 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 must move the Court to serve as lead plaintiff by December 16, 2024 [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, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that Xiao-I Corporation made false and misleading statements regarding its financial health and compliance with regulations, including downplaying risks related to its Chinese shareholders and failing to comply with U.S. GAAP [5]. - Specific claims include overstating AI capabilities, R&D resources, and the potential negative impact of significant R&D expenses on business performance [5]. - The lawsuit also claims that these misrepresentations led to a substantial likelihood of failing to meet NASDAQ's listing requirements, including maintaining a minimum closing bid price of $1.00 per share [5].
ROSEN, A LEADING LAW FIRM, Encourages TMC the metals company Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TMC
GlobeNewswire News Room· 2024-11-13 01:21
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of TMC the metals company Inc. securities between May 12, 2023, and March 25, 2024, alleging misleading statements and deficiencies in financial reporting [1][5]. Group 1: Lawsuit Details - The lawsuit claims that TMC maintained deficient internal controls over financial reporting, leading to the misclassification of future revenue from a partnership as deferred income instead of debt [5]. - It is alleged that this misclassification would necessitate TMC to restate previously issued financial statements, rendering the defendants' public statements materially false and misleading [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the TMC class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by January 7, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest ever against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors [4].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Paragon 28, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FNA
GlobeNewswire News Room· 2024-11-09 00:57
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Paragon 28, Inc. (NYSE: FNA) between May 5, 2023 and August 8, 2024, both dates inclusive (the “Class Period”), and those who purchased Paragon 28 call options or sold put options during the Class Period, of the November 29, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Paragon 28 securities during the Clas ...
ROSEN, A LEADING LAW FIRM, Encourages Flux Power Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FLUX
GlobeNewswire News Room· 2024-11-09 00:04
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Flux Power Holdings, Inc. (NASDAQ: FLUX) between November 11, 2022 and September 30, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 31, 2024 in the securities class action first filed by the Firm. ...
ROSEN, LEADING LAW FIRM, Encourages Edwards Lifesciences Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – EW
GlobeNewswire News Room· 2024-11-07 23:18
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Edwards Lifesciences Corporation (NYSE: EW) between February 6, 2024 and July 24, 2024, both dates inclusive (the “Class Period”), of the important December 13, 2024 lead plaintiff deadline. SO WHAT: If you purchased Edwards securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ar ...
CS Disco (LAW) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-07 00:21
Company Performance - CS Disco reported a quarterly loss of $0.06 per share, better than the Zacks Consensus Estimate of a loss of $0.09, representing an earnings surprise of 33.33% [1] - The company posted revenues of $36.27 million for the quarter ended September 2024, slightly missing the Zacks Consensus Estimate by 0.04%, but showing an increase from $34.94 million a year ago [2] - Over the last four quarters, CS Disco has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Movement and Outlook - CS Disco shares have declined approximately 20.2% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $36.99 million, and -$0.32 on revenues of $144.81 million for the current fiscal year [7] Industry Context - The Internet - Software industry, to which CS Disco belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of CS Disco's stock may also be influenced by the overall industry outlook and trends [8]