Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Company Overview - 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 is Project Matador, designed to provide dedicated power for AI workloads [4]. 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 suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - 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].

Core Viewpoint - Wealthfront Corporation is under investigation for potential violations of federal securities laws, particularly concerning misleading statements made during its IPO process [1][3]. Company Overview - Wealthfront is an online financial advisor that utilizes automated tools to provide investment and financial advice [2]. IPO Details - On December 12, 2025, Wealthfront completed its IPO, offering over 34 million shares at a price of $14.00 per share [2]. Financial Performance - Wealthfront reported net deposit outflows of $208 million in its first quarterly results as a public company, a significant decline from the $874 million inflows during the same period the previous year [4]. - The stock price dropped by $2.12, nearly 17%, from $12.59 to $10.47 per share following the earnings report [4]. Management Commentary - CEO David Fortunato attributed the decline in deposits to falling interest rates and highlighted the strategic importance of Wealthfront's new home-lending business [4]. - Fortunato disclosed that he owns a 95.1% stake in the home-lending business and mentioned the possibility of revisiting the ownership structure [4].

Core Viewpoint - A class action lawsuit has been filed against Bath & Body Works, 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 - The lawsuit is pending in the U.S. District Court for the Southern District of Ohio, captioned Lingam v. Bath & Body Works, Inc., et al., No. 2:26-cv-00039 [3]. - Investors have until March 16, 2026, to request to be appointed to lead the case [3]. Group 2: Company Performance and Strategy - Bath & Body Works is a specialty retailer focusing on home fragrance and body care products, exploring product categories beyond its core business, including men's products, lip care, hair care, and laundry [4]. - The company claimed that customers were responding favorably to its innovations and that its strategy was effective in driving topline growth through category adjacencies [5]. Group 3: Stock Performance - On August 28, 2025, Bath & Body Works reported disappointing Q2 2025 financial results, cutting its full-year earnings guidance by $0.03 to a range of $3.28 to $3.53, leading to a stock price drop of $2.18 per share, or 6.9% [6]. - Following the Q3 2025 financial results on November 20, 2025, which revealed that the strategy of pursuing adjacencies had not grown the customer base, the stock price fell by $5.22 per share, or 24.8% [7].

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]. - Investors have until March 9, 2026, to request to be appointed to lead the case [3]. - The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Ardent Health securities [3]. Group 2: Allegations Against Ardent Health - Ardent Health is accused of misrepresenting its process for determining the collectability of accounts receivable, claiming to rely on "detailed reviews of historical collections" while actually using a "180-day cliff" method [4]. - This misrepresentation allegedly allowed Ardent Health to report inflated accounts receivable and delay recognizing losses on uncollectable accounts, constituting a violation of federal securities laws [4]. Group 3: Stock Price Impact - On November 12, 2025, Ardent Health announced a $43 million decrease in revenue for the quarter and a $54 million increase in professional liability reserves, leading to a stock price drop of $4.75 per share, or over 33%, from $14.05 to $9.30 [5].

Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and its 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 [4]. - The company relies on partnerships, notably with Core Scientific, to develop its data centers and support its AI computing operations [4]. Allegations and Stock Performance - CoreWeave allegedly overstated its ability to meet customer demand and concealed significant construction delays at its data centers [5]. - On October 30, 2025, CoreWeave's stock dropped by $8.87 per share (over 6%) after Core Scientific announced the termination of a merger agreement due to insufficient shareholder votes [6]. - Following a revenue guidance reduction on November 10, 2025, due to delays from a third-party developer, CoreWeave's stock fell by $17.22 per share (over 16%) [7]. - A report on December 15, 2025, regarding delays in a major data center project led to an additional drop of $2.85 per share (over 3%) [8].

New York, New York--(Newsfile Corp. - January 31, 2026) - Leading international securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Integer Holdings Corporation (NYSE: ITGR) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws. If you invested in Integer, you are encouraged to obtain additional information by visiting: https://www.bfala ...

Core Viewpoint - Carvana Co. is under investigation for potential violations of federal securities laws due to significant stock price drops linked to claims of accounting improprieties [2][3]. Company Overview - Carvana is an online e-commerce platform and used-car retailer that enables customers to buy, sell, or finance vehicles entirely online. A substantial portion of its revenue is derived from online vehicle sales and auto loans, which are often securitized or sold to external parties [3]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Carvana overstated its earnings and improperly accounted for related party transactions [3]. - Gotham City Research LLC issued a report alleging that Carvana's financial results are closely tied to a network of related party entities controlled by Ernest Garcia II, which includes DriveTime, Bridgecrest, and GoFi. The report claims that these relationships led to an overstatement of Carvana's earnings by over $1 billion [4]. Stock Performance - Following the release of the Gotham City report on January 28, 2026, Carvana's stock price fell over 20%, dropping from $474.06 per share at market open to a low of $374.55 per share [5].

Group 1: Arista Networks (NYSE: ANET) - Arista Networks is benefiting from sustained investment in AI-driven data center infrastructure, supplying high-speed networking equipment to hyperscale cloud providers [2] - Strong demand from large technology customers supports expectations of double-digit revenue growth into 2026, with revenue projected to exceed $10 billion [3] - Despite valuation concerns, the company's earnings growth, expanding margins, and backlog related to AI infrastructure spending contribute to a bullish outlook [4] Group 2: Verizon Communications (NYSE: VZ) - Verizon Communications has gained attention following stronger-than-expected earnings and improving subscriber trends, beating fourth-quarter expectations with adjusted earnings per share of about $1.09 and revenue of roughly $36.4 billion [8] - The company added around 616,000 postpaid phone customers, marking its best quarterly performance in several years [8] - Verizon has outlined a multi-year share repurchase program extending into 2026, indicating confidence in free cash flow generation and management guidance points to continued subscriber growth and rising adjusted earnings per share [12]

Core Viewpoint - Tesla Inc has introduced a new initiative allowing owners of Model 3 and Model Y vehicles to loan their cars to the company's robotaxi network, potentially transforming these vehicles into revenue-generating assets [1] Group 1 - The announcement was made during Tesla's Q4 2025 earnings call, highlighting the company's innovative approach to vehicle utilization [1] - CEO Elon Musk emphasized the potential for Tesla owners to benefit financially from their vehicles by participating in the robotaxi network [1]

Beneficial owners continue to scoop up Under Armour Inc. ...