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Levi’s Accuses 7 For All Mankind of Trademark Infringement
Yahoo Finance· 2025-10-31 18:15
Core Viewpoint - Levi Strauss & Co. has initiated a trademark infringement lawsuit against Delta Galil Industries-owned 7 For All Mankind, claiming that the latter has misappropriated its tab trademark, which is essential for identifying authentic Levi's products [1][2]. Group 1: Trademark Infringement Allegations - The lawsuit alleges that 7FAM's use of the tab trademark could dilute or harm Levi's brand, as the tab is recognized globally as a symbol of authenticity and quality [1][2]. - Levi's claims that the tab trademark appears on nearly all of its jeans and other apparel, with millions of products sold annually featuring this trademark [2]. - The complaint specifies that the markings on 7FAM's products are likely to cause consumer confusion regarding the affiliation and origin of the products [3]. Group 2: Legal Actions Requested - Levi's has accused 7FAM of multiple legal violations, including federal trademark infringement and unfair competition, as well as California state trademark infringement [3]. - The company is seeking a court order to prevent 7FAM from creating, selling, or marketing products that resemble its tab trademark, which could mislead consumers [3].
BTIG Initiates Coverage on Levi Strauss (LEVI) with a Buy Rating and $27 Price Target
Yahoo Finance· 2025-10-30 22:53
Core Insights - Levi Strauss & Co. is recognized as one of the 15 Dividend Growth Stocks with the highest growth rates [1] - BTIG initiated coverage on Levi Strauss with a Buy rating and a price target of $27, citing the strength of the Levi's brand and strong financial performance [2][3] Financial Performance - The company reported gross profit margins of 61.38% and revenue growth of 11.22% over the past twelve months [3] - Levi Strauss distributed $151 million to investors during the quarter, marking a 118% increase from the same period last year [5] - The quarterly dividends amounted to $55 million, with a current quarterly dividend of $0.14 per share and a dividend yield of 2.77% as of October 30 [5] Management and Growth Outlook - BTIG expressed confidence in the management team's ability to execute corporate strategy effectively, positioning the company for sustained growth [4] - Earnings per share are forecasted to be $1.32 for fiscal year 2025, increasing to $1.48 in fiscal year 2026 [4]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Hims & Hers Health, Inc.
Globenewswire· 2025-10-29 15:22
Core Viewpoint - A class action securities fraud lawsuit has been filed against Hims & Hers Health, Inc. to recover losses for shareholders affected by alleged fraud between April 29, 2025, and June 22, 2025 [2][3] Group 1: Lawsuit Details - The lawsuit alleges that Hims & Hers Health, Inc. engaged in deceptive practices by promoting and selling illegitimate versions of Wegovy®, which posed risks to patient safety [3] - The complaint suggests that these actions created a substantial risk of termination of the company's collaboration with Novo Nordisk [3] - As a result of these allegations, the positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading [3]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Savara Inc.
Globenewswire· 2025-10-29 01:39
Core Viewpoint - A class action securities fraud lawsuit has been filed against Savara Inc. by Pomerantz LLP, correcting a previous statement regarding the filing firm [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between March 4, 2024, and May 23, 2025 [2]. - The complaint alleges that Savara Inc. made false statements regarding the MOLBREEVI Biologics License Application (BLA) for the treatment of pulmonary alveolar proteinosis, indicating insufficient information about its chemistry, manufacturing, and controls [3]. - It is claimed that the FDA was unlikely to approve the MOLBREEVI BLA in its current form, which would delay the submission timeline previously communicated to investors [3]. Group 2: Implications for Investors - The delay in regulatory approval for MOLBREEVI increases the likelihood that Savara would need to raise additional capital, impacting shareholder value [3]. - Shareholders who suffered losses during the relevant timeframe are encouraged to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally recognized securities litigation firm with a strong track record in securing recoveries for shareholders [5]. - The firm has been consistently ranked among the top securities litigation firms in the United States, emphasizing its expertise in complex securities cases [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against KBR, Inc.
Globenewswire· 2025-10-29 01:39
Core Viewpoint - A class action securities fraud lawsuit has been filed against KBR, Inc. by The Rosen Law Firm, P.A., correcting a previous misstatement regarding the filing firm [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between May 6, 2025, and June 19, 2025 [2]. - The complaint alleges that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to visit a provided link to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders, having ranked in the Top 50 Report for seven consecutive years [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Fortinet, Inc.
Globenewswire· 2025-10-29 01:16
Core Viewpoint - A class action securities fraud lawsuit has been filed against Fortinet, Inc. to recover losses incurred by shareholders due to alleged misrepresentations regarding the company's product refresh cycle and its impact on business performance [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between November 8, 2024, and August 6, 2025 [2]. - The complaint alleges that Fortinet's management made false statements and concealed critical information about the refresh cycle of their products, indicating it would not be as profitable as claimed [3]. - It is claimed that Fortinet misrepresented the number of FortiGate firewalls eligible for upgrades and that the refresh was pushed through much faster than communicated to investors [3]. Group 2: Legal Representation - Levi & Korsinsky LLP, a well-established securities litigation firm, is representing the plaintiffs in this case, having a strong track record in securing significant recoveries for shareholders [5]. - The firm has been recognized in the Top 50 Report by ISS Securities Class Action Services for seven consecutive years, highlighting its expertise in complex securities litigation [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Fluor Corporation
Globenewswire· 2025-10-29 01:13
Core Viewpoint - A class action securities fraud lawsuit has been filed against Fluor Corporation, alleging that the company made false statements regarding its financial health and project costs, which negatively impacted shareholders [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between February 18, 2025, and July 31, 2025 [2]. - The complaint claims that Fluor Corporation concealed rising costs associated with infrastructure projects due to subcontractor errors, price increases, and scheduling delays [3]. - It is alleged that the company's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategies and understating the impact of economic uncertainty [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the plaintiffs and has a strong track record in securing recoveries for shareholders [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against RCI Hospitality Holdings, Inc.
Globenewswire· 2025-10-29 01:06
Core Viewpoint - A class action securities fraud lawsuit has been filed against RCI Hospitality Holdings, Inc. to recover losses incurred by shareholders due to alleged fraudulent activities between December 15, 2021, and September 16, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit alleges that RCI Hospitality Holdings, Inc. engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks and materially false statements regarding the company's business and operations [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the case and has a strong track record of securing significant recoveries for shareholders [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against KinderCare Learning Companies, Inc.
Globenewswire· 2025-10-28 21:58
Core Viewpoint - A class action securities fraud lawsuit has been filed against KinderCare Learning Companies, Inc. to recover losses for investors affected by alleged fraudulent activities related to the company's initial public offering in October 2024 [2][3]. Group 1: Lawsuit Details - The lawsuit alleges that KinderCare made false statements and concealed incidents of child abuse, neglect, and harm at its facilities [3]. - It is claimed that KinderCare failed to provide the "highest quality care possible" and did not meet minimum standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Group 2: Investor Information - Investors who suffered losses in KinderCare stock during the relevant timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [4]. - The lawsuit is on behalf of all purchasers of KinderCare common stock in or traceable to the company's October 2024 initial public offering [2]. Group 3: Legal Representation - Levi & Korsinsky LLP, a nationally recognized securities litigation firm, is representing the plaintiffs and has a strong track record in securing recoveries for shareholders [5].
Levi's Rolls Out New Premium Denim, but Aims to Keep Appealing to Budget Shoppers
WSJ· 2025-10-28 10:00
Core Insights - The brand has launched its Blue Tab collection to enhance its existing product lines [1] Product Offering - The new Blue Tab collection is designed to complement the brand's current offerings, which are priced as low as approximately $20 [1]