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Securities Fraud Lawsuit Could Allow Agilon Health Investors to Recover Losses; Block & Leviton Encourages Shareholders to Contact the Firm
TMX Newsfile· 2026-01-14 21:37
Core Viewpoint - A securities fraud lawsuit has been filed against Agilon Health, Inc. (NYSE: AGL) following a significant drop in its stock price after the resignation of its CEO and the withdrawal of its financial guidance for 2025 [1][2]. Group 1: Company Developments - Agilon Health's shares fell over 25% in after-hours trading on August 4, 2025, due to the unexpected resignation of CEO Steven Sell and the withdrawal of the company's full-year 2025 financial guidance [2]. - The company cited unexpected medical cost pressures and downward adjustments to prior revenue estimates as reasons for these actions [2]. Group 2: Legal Allegations - The lawsuit alleges that Agilon Health recklessly issued guidance for 2025 that was unlikely to be achieved, given known industry challenges [3]. - It is claimed that Agilon materially overstated the financial benefits from strategic actions intended to mitigate risks, leading to misleading statements about its business and prospects [3]. Group 3: Investor Information - Investors who purchased Agilon Health common stock between February 26, 2025, and August 4, 2025, may be eligible to recover losses, regardless of whether they sold their shares [4]. - The deadline to seek appointment as lead plaintiff in the lawsuit is March 2, 2026, and a class has not yet been certified [5]. Group 4: Whistleblower Information - Individuals with non-public information about Agilon Health are encouraged to assist in the investigation or report to the SEC under the whistleblower program, with potential rewards of up to 30% of any successful recovery [6]. Group 5: Legal Firm Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
CRWV ALERT: Securities Fraud Lawsuit Could Allow CoreWeave Investors to Recover Losses; Block & Leviton Encourages Shareholders to Contact the Firm
TMX Newsfile· 2026-01-14 20:12
Core Viewpoint - A securities fraud lawsuit has been filed against CoreWeave, Inc. and its executives, with allegations of misleading investors regarding their ability to meet demand and the risks associated with reliance on a single third-party data center supplier [1][3]. Company Overview - CoreWeave is positioned as an AI hyperscale cloud provider, generating nearly all revenue from long-term contracts for AI infrastructure, with revenue recognition contingent upon the operational status of specialized data centers [2]. Financial Performance and Issues - CoreWeave went public at $40 per share following a significant deal with OpenAI, but faced stock price declines due to infrastructure and supplier constraints, as well as lowered revenue guidance linked to data center delays [2][3]. Legal Context - The lawsuit claims that CoreWeave and its executives materially misled investors by overstating demand capabilities and downplaying risks, which became evident through a failed acquisition and subsequent executive admissions [3]. Investor Eligibility - Investors who purchased CoreWeave common stock between March 28, 2025, and December 15, 2025, and experienced a decline in share value may be eligible to participate in the lawsuit [4]. Next Steps for Investors - The deadline for seeking appointment as lead plaintiff is March 13, 2026, and investors are encouraged to contact Block & Leviton for further information [5]. Whistleblower Information - Individuals with non-public information about CoreWeave are encouraged to assist in the investigation, with potential rewards for whistleblowers who provide original information to the SEC [6]. Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
Orosur Mining Inc Announces Block Listing Six Monthly Return
Accessnewswire· 2026-01-14 07:40
Core Viewpoint - Orosur Mining Inc has announced a block listing update regarding its unlisted warrants, detailing the balance of unallotted securities and changes since the last return [1] Summary by Relevant Sections Company Information - Company Name: Orosur Mining Inc [1] - Contact: Louis Castro, Executive Chairman [1] Scheme Details - Name of Scheme: Unlisted warrants [1] - Period of Return: From July 14, 2025, to January 14, 2026 [1] Securities Information - Previous Balance of Unallotted Securities: 15,203,116 [1] - Increase in Block Scheme: 19,586,444 [1] - Securities Issued/Allotted During Period: 15,036,912 [1] - Remaining Balance of Unallotted Securities: 19,752,648 [1]
SHAREHOLDER ALERT: Travere Therapeutics, Inc. Investigated for Securities Fraud by Block & Leviton; Investors Who Lost Money Should Contact The Firm
Globenewswire· 2026-01-13 20:05
Core Viewpoint - Block & Leviton is investigating Travere Therapeutics, Inc. for potential securities law violations following a significant drop in share price after the FDA extended the review timeline for a key drug application [1][2]. Group 1: Company Overview - Travere Therapeutics, Inc. experienced a trading halt after its shares fell over 30% on January 13, 2026, due to the FDA's extension of the review timeline for the supplemental New Drug Application for FILSPARI [2]. - The FDA set a new PDUFA target action date of April 13, 2026, citing that additional responses from Travere constituted a major amendment and required further data to assess clinical benefit [2]. Group 2: Investigation Details - Block & Leviton is examining whether Travere Therapeutics adequately disclosed the risks associated with the review extension and if prior communications regarding the regulatory timeline were misleading [2][4]. - The firm is considering filing an action to recover losses for investors who have been affected by the decline in share value [4]. Group 3: Investor Eligibility - Any individual who purchased common stock of Travere Therapeutics and has experienced a decline in share value may be eligible to participate in the investigation, regardless of whether they have sold their investment [3]. Group 4: Whistleblower Information - Individuals with non-public information about Travere Therapeutics are encouraged to assist in the investigation or report to the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Group 5: Firm's Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
Why Affirm and SoFi Are Winners From Trump's Call to Cap Credit Card Interest Rates
Barrons· 2026-01-12 13:41
Core Viewpoint - Mizuho Securities suggests that fintech companies such as SoFi, Affirm, and Block may gain advantages from Trump's proposed cap on interest rates [1] Company and Industry Summary - Fintech companies like SoFi, Affirm, and Block are positioned to benefit from regulatory changes regarding interest rate caps [1]
H&R Block Tax Pro Review Free for New Clients with Purchase of DIY Products
Globenewswire· 2026-01-09 12:00
Core Insights - H&R Block is offering Tax Pro Review services at no additional cost for new clients using its paid DIY online tax products until February 15, 2026, enhancing support for digital-first filers [1][4] - The introduction of the One Big Beautiful Bill Act and other 2025 tax code changes increases complexity, positioning H&R Block to provide expert guidance throughout the filing process [2] Company Offerings - Tax Pro Review allows DIY filers to independently complete their tax returns online and then have them reviewed by H&R Block tax professionals, ensuring accuracy and identifying optimization opportunities before filing [3] - The digital ecosystem of H&R Block combines digital efficiency with professional confidence, catering to consumers who value both convenience and expert validation [4] Competitive Advantage - H&R Block leverages its 70-year legacy of tax expertise and a nationwide network of professionals to redefine the value proposition of DIY tax filing, targeting digital-first consumers [4] - The company aims to ensure clients receive every credit and deduction they deserve through the Tax Pro Review service, which is available free of charge for a limited time [4]
Toast, Clover battle for small eateries
Yahoo Finance· 2026-01-08 11:16
Core Insights - The restaurant POS market is highly competitive, with established processors facing challenges from fintech newcomers like Toast and Square [3] - Smaller restaurant segments have seen significant market penetration from newer entrants, who are also securing more favorable processing rates [4] - The majority of restaurant transactions (approximately 85%) are conducted via credit or debit cards, indicating a strong reliance on electronic payment methods [4] Company Analysis - Clover, owned by Fiserv, holds a dominant position in the small restaurant POS market with an estimated 20% market share, equating to around 175,000 locations [7] - Toast follows closely with a 17% market share, representing approximately 145,000 locations, and is projected to grow significantly from 134,000 locations in 2024 to 244,000 by 2028 [6][7] - Square, part of Block, ranks as the third-largest player in the smaller restaurant segment with a 13% market share, while Global Payments holds an 11% share [7] Market Overview - The U.S. restaurant and bar market was valued at about $1.1 trillion in sales last year, with the smaller restaurant segment accounting for roughly 75% of this overall market [7] - The largest restaurant groups typically process card payments directly with major processors like Fiserv, Worldpay, and JPMorgan Chase, which influences the competitive landscape [7]
ReconAfrica Announces Upsize of Underwritten Offering to C$32.0 Million to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon
TMX Newsfile· 2026-01-07 18:22
Core Viewpoint - Reconnaissance Energy Africa Ltd. has increased the size of its private placement offering due to strong investor demand, aiming to raise C$32 million to fund its 2026 capital program and expedite activities across its portfolio [1][4]. Offering Details - The offering consists of 33,684,300 Units priced at C$0.95 each, with each Unit comprising one common share and one-half of a common share purchase warrant [1][3]. - The warrants will allow holders to purchase one common share at an exercise price of C$1.20 for up to 36 months from the closing of the offering [3]. - The offering is expected to close around January 19, 2026, subject to regulatory approvals [11]. Use of Proceeds - Net proceeds from the offering will be allocated to various activities, including: - Conducting production tests at the Kavango West 1X well, which will involve testing up to eight hydrocarbon-bearing intervals [4][5]. - Advancing the appraisal well location and permitting for the Kavango structure to facilitate a final investment decision [6]. - Accelerating geochemical sampling in Angola and commencing permitting for a potential 2D seismic program [7]. - Re-processing seismic data at the Loba discovery in Gabon to progress towards a resource report [9]. Corporate Update - The company is committed to minimal habitat disturbance and adheres to international environmental and social best practices in its operations across the Damara Fold Belt and Kavango Rift Basin [18].
ReconAfrica Announces C$20 Million Overnight Marketed Offering to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon
TMX Newsfile· 2026-01-06 22:59
Core Viewpoint - Reconnaissance Energy Africa Ltd. is conducting a private placement offering to raise C$20,000,000 to fund its 2026 capital program, which includes advancing multiple exploration and production activities across its portfolio [1][4]. Offering Details - The offering consists of units priced at C$0.95 each, with each unit comprising one common share and one-half of a common share purchase warrant, exercisable at C$1.20 for up to 36 months [1][3]. - The offering is led by Research Capital Corporation and includes participation from management and directors of the company [1][2]. - An over-allotment option allows underwriters to purchase up to 15% additional units [11]. Use of Proceeds - The net proceeds will support a comprehensive capital program, including advancing the Kavango discovery towards commercialization, progressing the Loba discovery offshore Gabon, and preparing for drilling in Angola [4][8]. - Specific activities include production testing at the Kavango West 1X well, advancing pre-drill operations for an appraisal well, and re-processing seismic data for the Loba discovery [5][10]. Corporate Update - The company has opted for a production test at the Kavango West 1X well, focusing on controlled testing of hydrocarbon-bearing intervals due to thicker than expected sections [5][6]. - The appraisal well location for the Kavango structure is being selected, with plans for permitting and drill-site preparations [7]. Regional Developments - In Angola, the company plans to accelerate geochemical sampling and commence permitting for a potential 2D seismic program in the MOU area [9]. - In Gabon, the company signed a Production Sharing Contract for the Ngulu block and is gathering seismic data for further evaluation [10].
KBW下调Block目标价至85美元
Ge Long Hui· 2026-01-02 08:50
Group 1 - KBW has lowered Block's target price from $90 to $85 [1]