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SHAREHOLDER ALERT: Spire Global, Inc. Investigated for Securities Fraud Violations by Block & Leviton
SpireSpire(US:SR) GlobeNewswire News Roomยท2024-08-15 14:30

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].