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INTEGER CLASS ACTION: Integer Holdings (ITGR) Accused of Misrepresentations About Its Sales Outlook in Securities Lawsuit, Contact BFA Law by February 9
TMX Newsfile· 2026-02-06 11:36
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation and certain senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Company Overview - Integer Holdings Corporation specializes in designing and manufacturing cardiac rhythm management and cardiovascular products, including electrophysiology devices that diagnose and treat arrhythmias [4]. Allegations of Securities Fraud - The lawsuit claims that Integer misrepresented the demand and revenue for its electrophysiology products, which had reportedly fallen sharply, contradicting the company's public statements about sales growth and market position [5][4]. Stock Price Decline - On October 23, 2025, Integer lowered its 2025 sales guidance to between $1.840 billion and $1.854 billion, down from a previous range of $1.850 billion to $1.876 billion, which was below analysts' expectations. The company also projected a net sales growth of -2% to 2% and organic sales growth of 0% to 4% for 2026. This announcement led to a stock price drop of $35.22 per share, or over 32%, from $109.11 to $73.89 [6]. Legal Proceedings - Investors have until February 9, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York, under the case caption West Palm Beach Firefighters' Pension Fund v. Integer Holdings Corporation, et al. [3].
FERMI CLASS ACTION: Fermi Inc. (FRMI) Accused of Misrepresentations About Its $150 Million Customer Agreement in Securities Fraud Lawsuit, Contact BFA Law by March 6
TMX Newsfile· 2026-02-06 11:36
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 focused on building 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 announcement that the First Tenant was terminating its agreement [7].
PLUG POWER CLASS ACTION: Plug Power Inc. (PLUG) Accused of Misrepresentations About Its DOE Funding in Securities Fraud Lawsuit, Contact BFA Law by April 3
TMX Newsfile· 2026-02-06 11:36
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]. Company Overview - 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]. Legal Proceedings - Investors have until April 3, 2026, to request to lead the case, which is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al. [3]. Financial Impact - Plug Power announced a $1.66 billion loan guarantee from the U.S. Department of Energy to finance the construction of hydrogen production projects, but allegedly overstated the likelihood of receiving these funds [4]. - The stock price dropped significantly following key announcements: - On October 7, 2025, the abrupt departure of CEO Andrew Marsh and President Sanjay Shrestha led to a 6.3% drop, from $4.13 to $3.87 per share [5]. - On November 10, 2025, the suspension of activities under the DOE loan program caused a 3.4% drop, from $2.65 to $2.56 per share [6]. - On November 14, 2025, confirmation of the suspension of plans to construct hydrogen facilities resulted in a 17.6% drop, from $2.49 to $2.25 per share [7].
The Largest Write Off In Car Industry History
247Wallst· 2026-02-06 11:33
Core Insights - Ford has recently written off $19.5 billion due to the collapse of its electric vehicle (EV) business [1] Company Summary - The write-off indicates significant financial challenges faced by Ford in its EV segment [1] - This substantial loss reflects the difficulties in transitioning to electric vehicles and the competitive pressures in the automotive industry [1] Industry Summary - The automotive industry is experiencing a shift towards electric vehicles, but companies like Ford are facing hurdles in achieving profitability in this segment [1] - The write-off may signal broader challenges within the industry as traditional automakers adapt to the evolving market landscape [1]
Mineros S.A. Announces 2026 Guidance: A Disciplined Approach to Production Growth and Strategic Expansion
Businesswire· 2026-02-06 11:31
MEDELLà N, Colombia--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, OTCQX:MNSAF, BVC:MINEROS) ("Mineros†or the "Company†) announces its production and cost guidance for 2026. The Company's 2026 outlook reflects a dual-track strategy: maximizing near-term production to capitalize on the current gold price environment, while advancing the technical evaluations required for a multi- year growth trajectory. STRATEGIC CAPITAL ALLOCATION: NEAR-TERM OPTIMIZATION For 2026, Mineros is providing consolidated gol. ...
Graham Corporation Reports Third Quarter Fiscal 2026 Results
Businesswire· 2026-02-06 11:30
BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) ("GHM†or the "Company†), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries, today reported financial results for its third quarter for the fiscal year ending March 31, 2026 ("fiscal 2026†). Graham's President and Chief Executive Officer, Matthew J. Malone stated, "Our third quarter result. ...
Gorman-Rupp Reports Fourth Quarter and Full Year 2025 Financial Results
Businesswire· 2026-02-06 11:30
MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter 2025 Highlights Net sales of $166.6 million increased 2.4%, or $3.9 million, compared to the fourth quarter of 2024 Net income was $13.7 million, or $0.52 per share, compared to net income of $11.0 million, or $0.42 per share, for the fourth quarter of 2024 Adjusted earnings per share1 for the fourth quarter of 2025 and 2024 were. ...
A Legacy of Brighter Smiles: Celebrating 24 Years of the Give Kids A Smile Program
Businesswire· 2026-02-06 11:30
HOUSTON--(BUSINESS WIRE)--The American Dental Association Foundation (ADAF) is officially kicking off Give Kids A Smile® (GKAS) 2026 at UTHealth Houston School of Dentistry, marking 24 years of transforming children's lives through this access-to-oral-health-care initiative. What began as a local grassroots movement in St. Louis, MO, has evolved into a national movement, having served more than 10.2 million underserved children since 2003. GKAS begins nationally in February, which is National C. ...
Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2025 Financial Results and Conference Call
Businesswire· 2026-02-06 11:30
OAKVILLE, Ontario--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ("AQN†) today announced plans to release its fourth quarter and full year 2025 financial results on Friday, March 6, 2026, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, March 6, 2026, hosted by Chief Executive Officer, Rod West, and Chief Financial Officer, Rob Stefani. Conference call details are as follows: Date: Friday, March 6, 2026 Time: 8:30 a.m. E. ...