BRBR NEWS: Did BellRing Brands, Inc. Mislead Investors? Contact BFA Law about its Investigation into the Company (NYSE:BRBR)
GlobeNewswire News Room· 2025-08-09 11:38
Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its sales growth driven by temporary trade inventory loading rather than genuine consumer demand [1][2]. Group 1: Company Overview - BellRing Brands operates in the convenient nutrition category, primarily known for its brands Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2]. - The company reported that Premier Protein achieved an all-time high in household penetration, indicating strong demand and growth across all channels due to distribution expansion and promotional activities [2]. Group 2: Sales and Stock Performance - On May 5, 2025, BellRing disclosed that several key retailers reduced their weeks of supply, which would negatively impact growth in Q3 2025. Following this announcement, the stock price dropped by $13.96, or over 18%, from $77.34 to $63.38 per share [3]. - On August 4, 2025, the company announced disappointing quarterly consumption figures for Premier Protein RTD Shakes, which aligned more closely with shipments than expected. This led to a significant stock decline of $17.46, nearly 33%, from $53.64 to $36.18 per share [4].
FLR NEWS: Did Fluor Corporation Mislead Investors? Contact BFA Law about its Investigation into the Company (NYSE:FLR)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws following the revelation of undisclosed issues in its infrastructure projects, leading to significant stock price declines [1][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement and construction, fabrication and modularization, and project management services, operating through three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - During the relevant period, Fluor claimed strong productivity in its infrastructure portfolio; however, several projects faced undisclosed design errors, delays, and price escalations that adversely affected the company's business [3]. - On August 1, 2025, Fluor reported disappointing fiscal Q2 2025 results, disclosing a $54 million net impact from cost growth and expected recoveries on three infrastructure projects due to subcontractor design errors, which led to a more than 30% drop in stock price on the same day [4].
FLYW NEWS: Did Flywire Corporation Mislead Investors? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - A lawsuit has been filed against Flywire Corporation and its senior executives for potential violations of federal securities laws, with claims related to the company's misrepresentation of its revenue growth and the impact of visa-related restrictions on its business [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of New York, titled Hickman v. Flywire Corp., et al., No. 1:25-cv-04110 [2]. - Investors have until September 23, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Flywire operates as a payments-enablement and software company, primarily serving the education sector, which relies heavily on international enrollments [3]. - The company has faced challenges due to tightening student visa and permitting rules implemented by the Canadian and Australian governments in late 2023 and early 2024 [3]. Group 3: Allegations and Impact - The lawsuit alleges that Flywire overstated the strength and sustainability of its revenue growth while downplaying the negative impacts of permit- and visa-related restrictions [4]. - On February 25, 2025, Flywire disclosed significant deterioration in its education sector business, citing "double digit declines in student visa issuance" and anticipated continued restrictions [5]. - Following this announcement, Flywire's stock price fell approximately 37%, from $17.64 per share to $11.05 per share within a day [5].
RXST NEWS: Did RxSight, Inc. Mislead Investors? Contact BFA Law by September 22 Class Action Deadline (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, with claims related to undisclosed challenges in product adoption and a significant decline in stock value following revenue forecast cuts [1][2][4][5][6]. Company Overview - RxSight, Inc. specializes in manufacturing light adjustable intraocular lenses for cataract surgery, with its primary product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [3]. Legal Proceedings - Investors have until September 22, 2025, to request to lead the case, which is currently pending in the U.S. District Court for the Central District of California under the caption Makaveev v. RxSight, Inc., et al. [2]. Financial Performance - The company experienced a slowdown in LAL utilization, first noted in 2024, which was not disclosed to investors despite claims of strong sales [4]. - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, leading to a stock price drop of approximately 38%, from $26.12 to $16.21 per share [5]. - A further revenue forecast cut on July 8, 2025, attributed to slower LAL utilization and adoption challenges, resulted in another 38% decline in stock price, from $12.79 to $7.95 per share [6].
LINE NEWS: Did Lineage, Inc. Mislead Investors? Contact BFA Law by September 30 Class Action Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws, particularly related to misleading statements made during its IPO [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Michigan, with claims under Sections 11 and 15 of the Securities Act of 1933 for investors who purchased stock during the IPO on July 25, 2024 [2]. - Investors have until September 30, 2025, to request to lead the case [2]. Group 2: Company Overview - Lineage, Inc. operates as a cold storage-focused real estate investment trust (REIT), owning and managing temperature-controlled storage facilities for perishable products [3]. Group 3: Allegations and Financial Performance - The IPO documents claimed that Lineage had "consistent cold chain demand" and strong cash flows, suggesting resilience during economic stress, while the reality was a downturn due to customers destocking excess inventory from the pandemic [4]. - Following the IPO, Lineage's stock price fell from $78 to approximately $40 per share, indicating a significant decline of nearly 50% [5].
SRPT NEWS: Did Sarepta Therapeutics Mislead Investors? Contact BFA Law by August 25 Class Action Deadline (NASDAQ:SRPT)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - A lawsuit has been filed against Sarepta Therapeutics, Inc. and its senior executives for potential violations of federal securities laws, particularly concerning the safety claims of its product Elevidys [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled Dolgicer v. Sarepta Therapeutics, Inc., et al., No. 25-cv-05317 [2]. - Investors have until August 25, 2025, to request to be appointed to lead the case [2]. Group 2: Product and Allegations - Sarepta is focused on developing treatments for rare diseases, with Elevidys being its key product for Duchenne muscular dystrophy [3]. - The complaint alleges that Sarepta misrepresented the safety profile of Elevidys, claiming its benefits outweighed risks, while in reality, it has caused fatal acute liver failure in some patients [3]. Group 3: Stock Performance and Impact - Following the announcement of a patient's death due to Elevidys on March 18, 2025, Sarepta's stock plummeted by $27.81, or over 27%, from $101.35 to $73.54 per share [4]. - A second death announcement on June 15, 2025, led to a further decline of $15.24, or more than 42%, from $36.18 to $20.94 per share [4]. - A third death related to Elevidys was reported on July 17, 2025, resulting in a stock drop of over 40% on July 18, 2025 [5].
SJM NEWS: Did The J.M. Smucker Co. Mislead Investors?
GlobeNewswire News Room· 2025-08-09 11:36
NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The J.M. Smucker Company (NYSE: SJM) for potential violations of the federal securities laws. If you invested in J.M. Smucker, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/the-jm-smucker-company-class-action-lawsuit. Why Is J.M. Smucker being Investigated? J.M. Smucker manufactures and markets branded food and beverage products. I ...
CNC NEWS: Did Centene Corporation Mislead Investors? Contact BFA Law by September 8 Class Action Deadline (NYSE:CNC)
GlobeNewswire News Room· 2025-08-09 11:36
NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Centene Corporation (NYSE: CNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Centene, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/centene-corporation-class-action-lawsuit. Investors have until September 8, 2025, to ask the ...
AAPL NEWS: Did Apple Inc. Mislead Investors? Contact BFA Law by August 19 Class Action Deadline (NASDAQ:AAPL)
GlobeNewswire News Room· 2025-08-09 11:36
NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Apple, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/apple-inc-class-action-lawsuit. Investors have until August 19, 2025, to ask the Court to be appoint ...
BDC Weekly Review: Tight Spreads Keep A Lid On Net Income
Seeking Alpha· 2025-08-09 11:32
Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company [BDC] sector from both the bottom-up, highlighting individual news and events-as well as the top-down-providing an overview of the broader market.Check out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations. Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred, and baby bond market ...