Group 1: Extreme Networks, Inc. (NASDAQ:EXTR) - Grabar Law Office is investigating claims on behalf of Extreme Networks shareholders regarding potential breaches of fiduciary duties by certain officers [1] - A securities fraud class action complaint alleges that Extreme Networks made false and misleading statements about its business and financial condition, including adverse client demand trends and misrepresentation of backlog orders [2][3] - The complaint indicates that Extreme Networks' backlog was decreasing at a faster rate than previously communicated to investors, contradicting statements that backlog would only begin to shrink in Q4 2023 [2] Group 2: Newmont Corporation (NYSE:NEM) - Grabar Law Office is investigating claims on behalf of Newmont Corporation shareholders concerning potential breaches of fiduciary duties by certain officers [4] - A securities fraud class action lawsuit alleges that Newmont provided misleading information regarding its fiscal results and financial outlook, particularly concerning gold production and cost management [5][6] - The complaint claims that Newmont's positive statements were made while concealing material adverse facts about its ability to deliver increased gold production and lower costs [7] Group 3: Domino's Pizza, Inc. (NASDAQ:DPZ) - Grabar Law Office is investigating claims on behalf of Domino's shareholders regarding potential breaches of fiduciary duties by certain officers [9] - A securities fraud class action complaint alleges that Domino's made materially false and misleading statements about its business operations, particularly concerning challenges faced by its largest master franchisee [10] - The complaint suggests that Domino's was unlikely to meet its long-term guidance for annual global net store growth, leading to overstated business and financial prospects [10] Group 4: Olaplex Holdings, Inc. (NASDAQ:OLPX) - Grabar Law Office is investigating claims on behalf of Olaplex shareholders regarding potential breaches of fiduciary duties by certain officers [12] - A securities fraud class action complaint alleges that Olaplex's IPO Offering Documents contained misleading statements and failed to disclose significant market pressures and competition [14][15] - The complaint highlights that a federal court found sufficient grounds for the allegations, particularly regarding omissions related to the EU ban on a key ingredient in Olaplex's product [16]
Grabar Law Office is Investigating Claims On Behalf of Long-Term Shareholders of Extreme Networks, Inc. (NASDAQ: EXTR); Newmont Corporation (NYSE: NEM); Domino's Pizza Corp. (NASDAQ: DPZ); and Olaplex Holdings, Inc. (NASDAQ: OLPX)