Any chance the Fed cuts rates this year is ‘evaporating before our very eyes' as Iran tensions raise oil prices
MarketWatch· 2026-02-28 12:00
Core Viewpoint - Rising oil prices due to increasing tensions with Iran are diminishing the justification for further interest-rate cuts by the Federal Reserve [1] Group 1 - The Federal Reserve's rationale for additional interest-rate cuts is weakening as oil prices increase [1]
$SMR Securities: BFA Law Notifies NuScale Power Corporation Investors that Suffered Losses of the Important April 20 Securities Class Action Deadline
TMX Newsfile· 2026-02-28 11:47
Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - Investors have until April 20, 2026, to request to lead the case in the U.S. District Court for the District of Oregon, under the caption Truedson v. NuScale Power Corporation, et al., No. 3:26-cv-00328 [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in NuScale Class A common stock [3]. Group 2: Allegations Against NuScale - NuScale is a nuclear technology company known for its NuScale Power Module (NPM), a small modular nuclear reactor designed for energy generation [4]. - The company allegedly misrepresented the capabilities and experience of its partner ENTRA1 Energy LLC, claiming it had extensive experience in developing power plants, which was later revealed to be untrue [5][6]. - ENTRA1 was primarily organized to support its principal, Wadie Habboush, and had never built or operated significant projects in nuclear power generation [6]. Group 3: Stock Performance Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses from $17 million in the prior year to $519 million in 3Q 2025, largely due to a $495 million payment to ENTRA1 [7]. - Following the disclosure of ENTRA1's lack of experience in nuclear projects, NuScale's stock dropped by $4.03 per share, or over 12.4%, from $32.46 on November 6, 2025, to $28.43 on November 10, 2025 [7].
$PLUG Securities: BFA Law Notifies Plug Power Inc. Investors that Suffered Losses of the Important April 3 Securities Class Action Deadline
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until April 3, 2026, to request to lead the case in the U.S. District Court for the Northern District of New York, under the caption Ortolani v. Plug Power Inc., et al. [3][12]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Plug Power investors [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. - The company announced a $1.66 billion loan guarantee from the U.S. Department of Energy to finance the construction of hydrogen production facilities [4]. Group 3: Stock Performance and Events - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the abrupt departure of its CEO and President [5]. - On November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company suspended activities under the DOE loan program [6]. - A further decline occurred on November 14, 2025, when the stock dropped by $0.48 per share (17.6%) after reports confirmed the suspension of plans to construct hydrogen production facilities [7].
$UHG Securities: BFA Law Notifies United Homes Group, Inc. Shareholders of the Ongoing Investigation into the Announced Take Private Transaction with Stanley Martin
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating United Homes Group, Inc. for potential breaches of fiduciary duties by its board of directors in relation to a proposed take-private sale that would cash out shareholders at a significantly reduced price of $1.18 per share, representing over a 50% discount from the last trading price of $2.38 [1][2][3] Group 1: Investigation Details - The investigation focuses on whether the proposed sale price of $1.18 per share is unfairly low compared to the market value prior to the announcement [3] - United Homes Group announced its agreement to become a wholly owned subsidiary of Stanley Martin Homes, LLC on February 23, 2026, which triggered the investigation [2] Group 2: Shareholder Actions - Current shareholders of United Homes Group are encouraged to seek additional information and may have legal options available to them [2][4] - Bleichmar Fonti & Auld LLP operates on a contingency fee basis, meaning shareholders will not incur costs for court expenses or litigation [4] Group 3: Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, with a strong track record of recovering significant amounts for clients [5]
$MCW Securities: BFA Law Notifies Mister Car Wash, Inc. Shareholders of the Ongoing Investigation into the Announced Take Private Transaction with LGP
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Mister Car Wash, Inc. and its controlling stockholder, Leonard Green & Partners, L.P. (LGP), for potential breaches of fiduciary duties related to a proposed take-private sale at $7 per share, which may be considered unfair to public shareholders [1][3][11]. Group 1: Investigation Details - The investigation was prompted by Mister Car Wash's announcement on February 18, 2026, regarding its agreement to be acquired by LGP for $7.00 per share, which may represent an unfairly low price for shareholders [3]. - LGP, owning over 66% of Mister Car Wash's common stock, has significant control over corporate decisions, including mergers and sales, raising concerns about conflicts of interest [4]. - LGP has already used its majority shares to approve the take-private sale without seeking further votes from public shareholders, potentially incentivizing a low sale price [5][6]. Group 2: Legal Options for Shareholders - Current shareholders of Mister Car Wash are encouraged to seek additional information and may have legal options available to them [2][7]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [7].
$FRMI Securities: BFA Law Notifies Fermi Inc. Investors that Suffered Losses of the Important March 6 Securities Class Action Deadline
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until March 6, 2026, to request to lead the case in the lawsuit titled Lupia v. Fermi Inc., et al., pending in the U.S. District Court for the Southern District of New York [3][12]. - The complaint includes securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Sections 11 and 15 of the Securities Act of 1933 [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations state that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Performance - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7][12].
$CRWV Securities: BFA Law Notifies CoreWeave, Inc. Investors that Suffered Losses of the Important March 13 Securities Class Action Deadline
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure, relying on partners like Core Scientific for development [4]. Allegations of Misconduct - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed significant construction delays at its data centers, which led to investor losses [5][13]. Stock Performance and Impact - CoreWeave's stock experienced notable declines: - On October 30, 2025, the stock dropped $8.87 (over 6%) after the merger with Core Scientific was terminated due to insufficient shareholder votes, falling from $139.93 to $131.06 [6]. - On November 11, 2025, the stock fell $17.22 (over 16%) after CoreWeave lowered its guidance for revenue and other metrics due to construction delays, dropping from $105.61 to $88.39 [7]. - On December 16, 2025, the stock decreased by $2.85 (over 3%) following reports of further delays in a major data center project, falling from $72.35 to $69.50 [8]. Legal Proceedings - Investors have until March 13, 2026, to request to lead the case in the U.S. District Court for the District of New Jersey, under the caption Masaitis v. CoreWeave, Inc., et al. [3][13].
$ARDT Securities: BFA Law Notifies Ardent Health Investors that Suffered Losses of the Important March 9 Securities Class Action Deadline
TMX Newsfile· 2026-02-28 11:46
Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Middle District of Tennessee, captioned Postiwala v. Ardent Health, Inc., et al., No. 3:26-cv-00022 [3][10]. - Investors have until March 9, 2026, to request to be appointed to lead the case [3]. Group 2: Allegations Against Ardent Health - The lawsuit alleges that Ardent Health misrepresented its accounts receivable collection practices, claiming to rely on "detailed reviews of historical collections," while actually using a 180-day cliff method for reserving uncollectable accounts [4]. - This misrepresentation allowed Ardent Health to report inflated accounts receivable and delay recognizing losses, constituting a violation of federal securities laws [4]. Group 3: Stock Performance Impact - On November 12, 2025, Ardent Health disclosed a $43 million revenue decrease for the quarter and increased its professional liability reserves by $54 million, leading to a stock price drop of $4.75 per share, or over 33%, from $14.05 to $9.30 on November 13, 2025 [5][10].
Oddity Tech: Contrarian 'Buy' After Meta's Shock Craters Investors' Sentiment
Seeking Alpha· 2026-02-28 11:43
Company Overview - Oddity Tech Ltd. (ODD) operates as a personal care company with a digital-first direct-to-consumer (DTC) model [1] - The company's brand portfolio includes Il Makiage, SpoiledChild, and the newer telehealth concept MethodIQ [1] Recent Challenges - ODD has encountered difficulties due to an abnormal spike in user acquisition costs, which are linked to recent changes in the market [1]
$EOSE Securities: BFA Law Notifies Eos Energy Investors that Suffered Losses of its Pending Securities Fraud Investigation after Stock Declines Over 39%
TMX Newsfile· 2026-02-28 11:36
Core Viewpoint - Eos Energy Enterprises, Inc. is under investigation for potential violations of federal securities laws, particularly concerning misleading statements about its revenue growth and manufacturing capabilities [1][3]. Group 1: Investigation Details - The investigation focuses on whether Eos made false and misleading statements to investors regarding its near-term revenue growth and the execution of its manufacturing efforts [3][10]. - Eos manufactures zinc-based long-duration battery energy storage systems aimed at supporting renewable energy and grid reliability [2]. Group 2: Financial Performance - Eos reported a significant net loss of approximately $970 million for fiscal year 2025, with revenue falling short of previously reaffirmed guidance [4]. - The company attributed its poor performance to high spending on scaling manufacturing operations, including inefficiencies and automation costs, as well as large non-cash financing and asset write-down charges [4]. - Eos also issued weaker-than-expected revenue guidance for 2026, citing slower production progress and increased execution risk [4]. Group 3: Stock Market Reaction - Following the announcement of its financial results, Eos's stock price dropped over 39% on February 26, 2026 [5][10].