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ROSEN, A TOP RANKED INVESTOR RIGHTS LAW FIRM, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CAR
GlobeNewswire News Room· 2025-06-08 17:03
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Avis Budget Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 24, 2025 [1]. Group 1: Class Action Details - Investors who purchased Avis Budget securities between February 16, 2024, and February 10, 2025, 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 can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by June 24, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for clients [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Avis Budget made false and misleading statements regarding its fleet rotation plan, which negatively impacted the value of its vehicles [5]. - It is claimed that Avis Budget would have to recognize billions in impairment charges and incur substantial losses due to the accelerated fleet rotation [5]. - The lawsuit asserts that these misrepresentations led to significant damages for investors when the true financial situation was revealed [5].
ROSEN, A TOP RANKED INVESTOR RIGHTS LAW FIRM, Encourages Bitfarms Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BITF
GlobeNewswire News Room· 2025-06-08 16:04
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Bitfarms securities between March 21, 2023, and December 9, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [2][6]. Group 2: Allegations Against Bitfarms - The lawsuit alleges that Bitfarms made false and misleading statements regarding its internal controls over financial reporting, leading to misclassification of cash flows and inaccuracies in financial statements [4]. - Specific claims include that Bitfarms overstated its ability to remediate material weaknesses in its internal controls and that these errors would likely necessitate restatements of previously issued financial statements [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3].
ROSEN, A TOP-RANKED FIRM, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CIVI
GlobeNewswire News Room· 2025-06-06 01:30
Core Viewpoint - Civitas Resources, Inc. is facing a class action lawsuit due to allegedly misleading statements regarding its oil production and financial condition during the specified class period from February 27, 2024, to February 24, 2025 [1][3]. Group 1: Class Action Details - The Rosen Law Firm is reminding investors who purchased Civitas securities during the class period of the July 1, 2025, deadline to become a lead plaintiff in the class action [1][2]. - The lawsuit claims that Civitas made materially false statements and failed to disclose significant risks, including a likely reduction in oil production and the need for substantial debt to acquire additional acreage [3]. Group 2: Allegations Against Civitas - Allegations include that Civitas would significantly reduce oil production in 2025 due to declines in the DJ Basin and low TIL counts [3]. - The company’s financial condition was said to necessitate disruptive cost-reduction measures, including workforce reductions, which were not disclosed to investors [3]. - The lawsuit asserts that Civitas overstated its business and financial prospects, leading to investor damages when the true situation became known [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being recognized for its success in the field [4]. - The firm emphasizes the importance of selecting qualified legal counsel with experience in leading securities class actions [4].
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CAR
GlobeNewswire News Room· 2025-06-06 00:12
Group 1 - The Rosen Law Firm is reminding investors who purchased Avis Budget Group, Inc. securities between February 16, 2024, and February 10, 2025, of the June 24, 2025, lead plaintiff deadline for a class action lawsuit [1] - Investors 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 by June 24, 2025, to serve as lead plaintiff [3] Group 2 - The lawsuit alleges that during the Class Period, Avis Budget made false and misleading statements regarding its fleet rotation plan, which negatively impacted the recoverable value of its vehicles [5] - The lawsuit claims that Avis Budget would have to recognize billions of dollars in impairment charges and incur substantial losses due to the accelerated fleet rotation [5] - The misleading public statements by Avis Budget are said to have overstated the company's financial and business prospects, leading to investor damages when the truth was revealed [5] Group 3 - The 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 for investors, including over $438 million in 2019 and has been ranked highly for its performance in securities class action settlements [4]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Digimarc Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – DMRC
GlobeNewswire News Room· 2025-06-01 12:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Digimarc Corporation during the specified class period of the upcoming lead plaintiff deadline on July 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the Digimarc securities is from May 3, 2024, to February 26, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by the specified deadline [2]. Group 2: Legal Representation - Investors are encouraged to select qualified counsel with a successful track record in securities class actions [3]. - Rosen Law Firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has consistently ranked in the top for securities class action settlements and has recovered hundreds of millions for investors [3]. Group 3: Case Allegations - The lawsuit alleges that Digimarc made false and misleading statements regarding a large commercial partner's contract renewal and its impact on subscription and annual recurring revenue [4]. - The misleading statements led to investor damages when the true details were revealed [4].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Compass Diversified Holdings Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm- CODI
GlobeNewswire News Room· 2025-06-01 10:21
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Compass Diversified Holdings during the specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - The class period for the Compass securities class action is from May 1, 2024, to May 7, 2025 [1]. - Investors 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 can join by contacting the law firm [3][6]. Group 2: Allegations Against Compass - The lawsuit alleges that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting [5]. - It is claimed that these irregularities rendered Compass's overall financial statements unreliable and necessitated a restatement [5]. - The lawsuit also states that Compass failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [4].
TOP RANKED ROSEN LAW FIRM Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DNUT
GlobeNewswire News Room· 2025-05-28 02:13
Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for alleged misleading statements regarding its partnership with McDonald's and the subsequent decline in product demand [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Krispy Kreme securities between February 25, 2025, and May 7, 2025 [1]. - The lawsuit claims that Krispy Kreme made false statements about the demand for its products at McDonald's locations, which significantly declined after the initial marketing launch [5]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to maintaining the partnership, leading to a pause in expansion into new locations [5]. Group 2: Investor Information - Investors who purchased Krispy Kreme securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - No class has been certified yet, meaning investors are not represented by counsel unless they retain one [7].
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Treace Medical Concepts, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TMCI
GlobeNewswire News Room· 2025-05-22 20:44
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Treace Medical Concepts, Inc. (NASDAQ: TMCI) between May 8, 2023 and May 7, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2025 lead plaintiff deadline. SO WHAT: If you purchased Treace Medical 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 arrang ...
ROSEN, A TOP RANKED LAW FIRM, Encourages Canopy Growth Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CGC
GlobeNewswire News Room· 2025-05-20 00:20
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Canopy Growth Corporation securities between May 30, 2024, and February 6, 2025, of the upcoming lead plaintiff deadline on June 3, 2025 [1] Group 1: Class Action Details - Investors who purchased Canopy Growth securities during the specified Class Period 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 can join by submitting a form or contacting the law firm [3][6] - The lawsuit alleges that Canopy Growth made false and misleading statements regarding its financial health and cost management, which negatively impacted investors when the truth was revealed [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, highlighting its own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements [4]
ROSEN, A TOP RANKED LAW FIRM, Encourages Bitfarms Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BITF
GlobeNewswire News Room· 2025-05-19 23:52
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Bitfarms Ltd. securities, alleging misleading statements and deficiencies in financial reporting during the Class Period from March 21, 2023, to December 9, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Bitfarms maintained deficient internal controls over financial reporting, leading to misclassification of cash flows and inaccuracies in financial statements [5]. - Specific allegations include the misstatement of proceeds from digital asset sales and the overstatement of remediation efforts regarding internal control weaknesses [5]. - The lawsuit asserts that these errors resulted in materially false and misleading public statements, causing investor damages when the true details emerged [5]. Group 2: Participation Information - Investors who purchased Bitfarms 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 for more information [3][6].