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SLP LOSS ALERT: Simulations Plus, Inc. Investors with Losses are Reminded of the Ongoing Securities Fraud Investigation – Contact BFA Law (NASDAQ:SLP)
Simulations PlusSimulations Plus(US:SLP) GlobeNewswire News Room·2025-08-17 11:23

Core Viewpoint - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial results and issues related to its acquisition of Pro-ficiency Holdings, Inc. [1][2][3] Group 1: Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2] - The company acquired Pro-ficiency Holdings, Inc. in June 2024, aiming to double its total addressable market and enhance sales [2][3] Group 2: Financial Performance and Issues - Simulations Plus reported disappointing preliminary financial results for Q3 2025, citing market uncertainties as significant headwinds, leading to a stock price drop of over 24% [4] - The company announced a $77.2 million charge related to prior acquisitions in its Q3 2025 financial results, which contributed to a further decline in stock price of nearly 26% [5] - The dismissal of Grant Thornton LLP as the company's auditor raised concerns about internal controls and segment reporting, with the auditor identifying unresolved issues [5]