Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Spire Global, Inc. regarding a class action lawsuit due to alleged misleading statements and lack of internal controls related to revenue recognition [1][2]. Group 1: Allegations - The complaint alleges that during the class period from March 6, 2024, to August 14, 2024, Spire Global made materially false and misleading statements [2]. - Specific allegations include the existence of embedded leases for identifiable assets and pre-space mission activities that were not disclosed, leading to overstated revenue for certain Space Services contracts [2]. - The company is accused of lacking effective internal controls regarding revenue recognition, which contributed to the misleading nature of the defendants' positive statements about the company's business and prospects [2]. Group 2: Class Action Details - Shareholders who purchased shares of SPIR during the specified class period are encouraged to register for the class action, with a deadline set for October 21, 2024 [3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [3]. - There is no cost or obligation for shareholders to participate in this case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Spire Global, Inc. (NYSE: SPIR). Shareholders who purchased shares of SPIR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/spire-global-inc-loss-submission-form/?id=97706&from=4 CLASS PERIOD: March 6, 2024 to ...

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Spire Global, Inc. securities, alleging misleading statements and lack of effective internal controls during the Class Period from March 6, 2024, to August 14, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Spire Global made false and/or misleading statements regarding embedded leases and revenue recognition for certain Space Services contracts [5]. - It is alleged that Spire Global overstated revenue for these contracts, leading to materially misleading statements about the company's business and prospects [5]. - Investors are encouraged to join the class action to seek compensation without upfront costs through a contingency fee arrangement [2][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 [4]. - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019 and has been recognized for its performance in securities class action settlements [4]. - Investors can join the class action by submitting a form or contacting the firm directly for more information [3][6].

NEW YORK, Aug. 24, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Spire Global, Inc. (NYSE: SPIR) between March 6, 2024 and August 14, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 21, 2024. So What: If you purchased Spire Global securities during the Class Perio ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Spire Global Inc ("Spire" or "the Company") (NYSE: SPIR) investors that a lawsuit filed on behalf of investors that purchased Spire securities between March 6, 2024, and August 14, 2024. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click ...

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Spire Global, Inc. ("Spire Global" or the "Company") (NYSE:SPIR) in the United States District Court for the Eastern District of Virginia on behalf of all persons and entities who purchased or otherwise acquired Spire Global securities between March 6, 2024 and August 14, 2024, both dates inclusive (the "Class Period"). Inv ...

Group 1 - A class action has been filed against Spire Global, Inc. on behalf of shareholders who purchased securities between March 6, 2024, and August 14, 2024 [1] - The allegations include misleading investors regarding revenue recognition related to Space Services contracts, specifically failing to disclose embedded leases and ineffective internal controls [2] - On August 14, 2024, Spire Global announced it would not timely file its Q2 2024 financial report due to a review of its accounting practices, revealing that recognized revenue from certain contracts was between $10 million and $15 million annually [3] Group 2 - Following the announcement, Spire Global's share price dropped by $3.41, or 33.56%, closing at $6.75 per share on August 15, 2024 [3] - Shareholders interested in serving as lead plaintiffs must submit their applications by October 21, 2024, and can remain absent class members if they choose not to participate [4] - Robbins LLP, the law firm handling the case, has a history of recovering over $1 billion for shareholders since its inception in 2002 [5]

NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Spire Global, Inc. ("Spire" or the "Company") (NYSE:SPIR) on behalf of Spire stockholders. Our investigation concerns whether Spire has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On August 14, 2024, following the market close, Spire publicly disclosed that ...

Core Viewpoint - Johnson Fistel, LLP is investigating potential violations of securities laws by Spire Global Inc. and its executives regarding the misrepresentation or failure to disclose material adverse information to investors [1][3]. Investigation Details - The investigation was initiated after Spire announced on August 14, 2024, that its 10-Q filing for the quarter ending June 30 would be delayed, which was communicated to the SEC [3]. - Spire also indicated plans to reschedule its second-quarter results conference call, pending confirmation of the filing date for its Form 10-Q [3]. Market Reaction - Following the announcement of the delayed filing, Spire's stock experienced a significant decline, trading down 40% during early morning trading on August 15, 2024 [4].

Core Viewpoint - Spire Global, Inc. is under investigation by Block & Leviton for potential securities law violations following a significant drop in its stock price after filing a late quarterly report [1][2][4]. Group 1: Company Performance - Shares of Spire Global, Inc. have decreased by 30% after the company filed a Form 12b-25 with the U.S. SEC regarding its expected Quarterly Report for the quarter ended June 30, 2024 [2]. - The filing indicates that the company may not meet its reporting obligations on time, raising concerns among investors [2]. Group 2: Legal Investigation - Block & Leviton is investigating whether Spire Global committed securities law violations and may pursue legal action to recover losses for affected investors [4]. - Investors who have lost money on their Spire Global investments are encouraged to contact Block & Leviton for potential recovery options [5]. Group 3: Investor Eligibility - Any individual who purchased common stock of Spire Global and has experienced a decline in share value may be eligible to participate in the investigation, regardless of whether they have sold their shares [3]. Group 4: Whistleblower Information - Individuals with non-public information about Spire Global 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: Firm 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].