Globenewswire·2025-10-10 16:06Core Viewpoint - Class action lawsuits have been filed against RCI Hospitality Holdings, Fortinet, and Molina Healthcare, alleging that these companies made materially false and misleading statements regarding their business operations and prospects, leading to investor losses [2][3][4]. RCI Hospitality Holdings, Inc. (NASDAQ: RICK) - Class period spans from December 15, 2021, to September 16, 2025, with a lead plaintiff deadline of November 20, 2025 [2]. - Allegations include engagement in tax fraud, bribery to cover up tax fraud, and understatement of legal risks, resulting in misleading positive statements about the company's business [2]. Fortinet, Inc. (NASDAQ: FTNT) - Class period spans from November 8, 2024, to August 6, 2025, with a lead plaintiff deadline of November 21, 2025 [3]. - Allegations include misrepresentation of the refresh cycle's profitability, lack of clarity on upgradeable FortiGate firewalls, and misleading statements about the momentum of the refresh, leading to materially misleading information about the company's prospects [3]. Molina Healthcare, Inc. (NYSE: MOH) - Class period spans from February 5, 2025, to July 23, 2025, with a lead plaintiff deadline of December 2, 2025 [4]. - Allegations include failure to disclose adverse facts regarding medical cost trend assumptions, dependency on low utilization of services for growth, and likelihood of cutting financial guidance for fiscal year 2025, resulting in misleading positive statements about the company's operations [4].