Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Spire To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Spire between March 6, 2024 and August 14, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212- 983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 11, 2024 (GLOBE NEWSWIR ...

Core Viewpoint - A class action lawsuit has been filed against Spire Global, Inc. for allegedly misleading investors regarding revenue recognition related to its Space Services contracts [1][2]. Allegations - The complaint alleges that Spire Global failed to disclose embedded leases of identifiable assets and pre-space mission activities for certain Space Services contracts [2] - It is claimed that the company lacked effective internal controls regarding revenue recognition for these contracts [2] - As a result, Spire Global is accused of overstating revenue for certain Space Services contracts [2] Impact of the Announcement - On August 14, 2024, Spire Global announced it would be unable to timely file its Q2 2024 financial report due to a review of its accounting practices related to revenue recognition [3] - The company identified that the contracts under reevaluation resulted in recognized revenue of $10 to $15 million annually, with potential impacts on additional financial measures such as gross profit [3] - Following this announcement, the company's share price fell by $3.41, or 33.56%, closing at $6.75 per share on August 15, 2024 [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their applications by October 21, 2024 [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4] About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [6]

Core Viewpoint - A class action securities lawsuit has been filed against Spire Global, Inc. for alleged securities fraud affecting investors between March 6, 2024, and August 14, 2024 [1][2]. Group 1: Lawsuit Details - The complaint alleges that Spire Global made false statements and concealed information regarding embedded leases of identifiable assets and pre-space mission activities for certain Space Services contracts [2]. - It is claimed that Spire Global lacked effective internal controls over revenue recognition for these contracts, leading to an overstatement of revenue [2]. - The lawsuit asserts that the positive statements made by the defendants about the Company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 21, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Insights - The focus is on identifying dividend stocks with sustainable payout ratios and a history of growing dividends above inflation rates [1] - The investment strategy emphasizes value-oriented investing, inspired by Graham and Buffett, with a methodical approach to stock evaluation [1] Investment Strategy - The company maintains a watch list of evolving stocks to determine strong entry points for capturing appreciation and dividend yield [1] - Historical successful investments include Target, purchased at $51 per share in 2017, now at $130 with a 3.3% yield, and Emerson Electric, bought at $31 during the 2008-2010 recession, currently at $96 [1] Professional Background - The individual has an MBA from Columbia University and extensive experience in the finance industry, including roles as a registered investment advisor and commercial real estate lender [1] - The individual holds a certified general real estate appraiser license, indicating a focus on REITs, their dividends, and associated risks [1]

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 receive updates through a portfolio monitoring software regarding the status of the case [3]. - There is no cost or obligation for shareholders to participate in this class action [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].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Spire To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Spire between March 6, 2024 and August 14, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212- 983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 17, 2024 /PRNewswire/ ...

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spire Global, Inc. (NYSE: SPIR) between March 6, 2024 and August 14, 2024, both dates inclusive (the "Class Period"), of the important October 21, 2024 lead plaintiff deadline. SO WHAT: If you purchased Spire Global 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 arrangement ...

NEW YORK, Sept. 16, 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=102425&from=4 CLASS PERIOD: March 6, 2024 ...

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spire Global, Inc. (NYSE: SPIR) between March 6, 2024 and August 14, 2024, both dates inclusive (the "Class Period"), of the important October 21, 2024 lead plaintiff deadline. SO WHAT: If you purchased Spire Global 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 arrangement ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Spire To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Spire between March 6, 2024 and August 14, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212- 983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 12, 2024 /PRNewswire/ ...