NAVN Shareholder Alert: April 24, 2026 Lead Plaintiff Deadline in Navan, Inc. Securities Class Action Lawsuit -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - Navan, Inc. is facing a securities class action lawsuit due to allegations of misleading statements and increased sales and marketing expenses that led to a significant decline in share value, with shares dropping over 60% from the offering price [3]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals who purchased or acquired Navan's shares during the offering period on October 30, 2025 [2]. - By the time the lawsuit commenced, Navan's shares were trading as low as $9.01, indicating a decline of over 60% from the offering price [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action lawsuit by the deadline of April 24, 2026, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Monarch Quantum Surpasses $100M in Capital and Contracts with $55M Growth Round to Scale Quantum Photonics Infrastructure
Prnewswire· 2026-03-31 13:00
Core Insights - Monarch Quantum has successfully raised $55 million in an oversubscribed growth round, bringing total capital and contracts to over $115 million within six months of its founding in 2025 [1][7][3] - The funding will be utilized to accelerate the production of Monarch's Quantum Light Engines™, which are essential for quantum computing, sensing, and networking [2][5] - The company aims to address the infrastructure gap in quantum technology, which is critical for scaling from laboratory setups to commercial deployment [4][11] Company Overview - Monarch Quantum, founded in 2025 by Dr. Timothy Day, specializes in integrated photonics systems for quantum technologies [3][8] - The company has secured over $60 million in customer contracts from notable clients such as Quantinuum, Infleqtion (NYSE: INFQ), and NASA [1][3] - Monarch's technology is positioned as a vital hardware infrastructure supplier within the emerging quantum ecosystem [3][6] Investment and Partnerships - The growth round was led by Serendipity Capital, with participation from 55 North and Global Innovation Labs, all of which have significant experience in the quantum technology sector [1][9][10] - Investors emphasize the importance of Monarch's technology in enabling scalable quantum systems and its potential to become a global leader in the field [11][12] Technology and Market Impact - Monarch's Quantum Light Engines™ provide a scalable photonics infrastructure layer necessary for various quantum applications, including computing and sensing [5][6] - The company leverages its team's extensive experience in photonics to transition from complex laboratory systems to manufacturable hardware [8][9] - As public and private investments in quantum technologies increase, Monarch's solutions are seen as critical for the commercial viability of quantum systems [4][11]
CWH Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Camping World Holdings, Inc. Securities Lawsuit -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Camping World Holdings, Inc. (CWH) regarding a class action lawsuit due to alleged misleading statements and omissions made by the company during the class period from April 29, 2025, to February 24, 2026 [1][2]. Allegations - The complaint alleges that CWH overstated its ability to manage inventory and optimize profits through data analytics [2]. - It is claimed that the company exaggerated retail demand and failed to disclose the need for strict inventory management, which negatively impacted gross profit and margins [2]. - The lawsuit also points out that inadequate systems and processes at CWH led to inaccurate disclosures about its financial health and management of expenses [2]. - As a result of these issues, the positive statements made by the company regarding its business operations and prospects were deemed materially misleading [2]. Class Action Details - Shareholders who purchased CWH shares during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for May 11, 2026 [3]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
Luminar Media Group / Fortun Reports Record Results for Fourth Quarter and Full Year 2025
Accessnewswire· 2026-03-31 13:00
Core Insights - Luminar Media Group reported record financial results for FY 2025, with revenue increasing by 542% to $5.6 million, positive operating income of $1.3 million, and net income of $1.1 million [2][3]. Financial Performance - FY 2025 Revenue: $5.6 million, up 542% from $866,000 in FY 2024 [3]. - Operating income: $1.3 million compared to an operating loss of $414,000 in FY 2024 [3]. - Net income: $1.1 million compared to a net loss of $349,000 in FY 2024 [3]. Accounting Methodology - The company updated its GAAP presentation to align with auditor guidance, which reflects accounting treatment changes but does not affect operational performance [3]. - Only approximately 32.8% of each dollar deposited is recognized as revenue, with 100% of expenses recognized upfront [4]. - A bad debt expense of approximately $1 million was recorded, which is non-cash and does not involve actual write-offs [4]. Operational Metrics - Q4 2025 gross funding volume reached $3.9 million, up 109% year-over-year from $1.9 million in Q4 2024 [6]. - Receivable cash deposits for Q4 2025 were $3.5 million, up 191% year-over-year from $1.2 million in Q4 2024 [6]. - Full-year 2025 gross funding volume was $12.3 million, up 287% from $3.2 million in 2024 [6]. Strategic Insights - The company emphasized its commitment to operational discipline and the scalability of its platform without compromising quality [6]. - The focus on advanced analytics and automated underwriting is driving efficiency and improving portfolio quality [6]. - The company is well-positioned to capitalize on future opportunities and continue its growth strategy [6].
RGNX Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in REGENXBIO Inc. Securities Lawsuit -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - REGENXBIO Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its gene therapy product RGX-111, which has led to significant stock price declines following adverse developments in clinical trials [2][3]. Group 1: Allegations and Impact - The lawsuit claims that REGENXBIO provided investors with overly positive information about RGX-111's potential success based on favorable biomarker and safety data from ongoing trials while concealing material adverse facts about the therapy's efficacy and safety [2]. - Following the announcement of a clinical hold by the FDA due to the discovery of a CNS tumor in a trial participant, REGENXBIO's stock price dropped from $13.41 to $11.01, marking a decline of 17.8% in one day [2]. Group 2: Class Action Details - Shareholders who purchased RGNX shares between February 9, 2022, and January 27, 2026, are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for April 14, 2026 [3]. - Participants in the class action will be enrolled in a portfolio monitoring system to receive updates on the case's progress, with no cost or obligation to join [3]. Group 3: Legal Representation - The Gross Law Firm, a nationally recognized class action law firm, is representing the shareholders, emphasizing its commitment to protecting investors' rights against deceit and fraud [4].
ATRA Shareholder Alert: May 22, 2026 Lead Plaintiff Deadline in Atara Biotherapeutics, Inc. Securities Class Action Lawsuit -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - Atara Biotherapeutics, Inc. is facing a securities class action lawsuit due to allegations of misleading statements regarding the regulatory prospects of its product tabelecleucel, which may impact the company's financial condition and business operations [2]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from May 20, 2024, to January 9, 2026 [2]. - Allegations include that Atara failed to disclose manufacturing issues and deficiencies in the ALLELE study, which made FDA approval of tabelecleucel unlikely [2]. - The lawsuit claims that these undisclosed issues heightened regulatory scrutiny risks and jeopardized ongoing clinical trials, likely leading to significant negative impacts on Atara's business and financial condition [2]. Group 2: Shareholder Actions - Shareholders who purchased ATRA shares during the class period are encouraged to register for the class action, with a lead plaintiff appointment deadline set for May 22, 2026 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. - Participation in the case incurs no cost or obligation for shareholders [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [4].
ENPH Shareholder Alert: Enphase Energy, Inc. Securities Class Action Lawsuit Investors With Losses May Join -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - Enphase Energy, Inc. is facing a securities class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial and operational prospects during the class period from April 22, 2025, to October 28, 2025 [2]. Group 1: Allegations and Class Period - The lawsuit claims that Enphase overstated its ability to manage channel inventory and mitigate effects from the termination of the 25D Credit [2]. - It is alleged that these misstatements led to an artificial inflation of the company's stock, making public statements materially false and misleading [2]. Group 2: Shareholder Actions - Shareholders who purchased ENPH shares during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for April 20, 2026 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm Background - The Gross Law Firm, which is handling the case, is recognized nationally for its commitment to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
CIGL Shareholder Alert: May 18, 2026 Lead Plaintiff Deadline in Concorde International Group, Ltd. Securities Class Action Lawsuit -- The Gross Law Firm
Prnewswire· 2026-03-31 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Concorde International Group, Ltd. (NASDAQ: CIGL) regarding a securities class action lawsuit, highlighting allegations of fraudulent activities and misleading statements by the company during a specified class period [1][2]. Group 1: Allegations and Class Period - The class period for the lawsuit is defined as April 21, 2025, to July 14, 2025 [2]. - Allegations include that Concorde was involved in a fraudulent stock promotion scheme utilizing social media misinformation and impersonation of financial professionals [2]. - It is claimed that insiders and affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [2]. - The company's public statements and risk disclosures allegedly omitted critical information regarding false rumors and artificial trading activity that influenced the stock price [2]. - As a result of these actions, the defendants' positive statements about the company's business and prospects were deemed materially misleading [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit, with a deadline set for May 18, 2026, to seek lead plaintiff status [3]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [3]. - Participation in the case incurs no cost or obligation for the shareholders [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [4]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [4].
VTel Wireless partners with Ericsson to launch first nationwide 5G Standalone VoNR roaming for rural America
Prnewswire· 2026-03-31 13:00
Core Insights - VTel Wireless has partnered with Ericsson to launch the first nationwide 5G Standalone VoNR roaming service for rural America, enhancing wireless connectivity in remote areas [1][2]. Group 1: Partnership and Technology Deployment - VTel has selected Ericsson as its 5G Core and Radio Access Network (RAN) provider, marking a significant step in the rollout of a 5G Standalone network [1][2]. - This deployment will enable VTel to support fully native 5G Standalone VoNR roaming, allowing subscribers of national communications service providers to maintain high-quality 5G connectivity in rural areas [2][5]. - The new core network eliminates reliance on legacy 4G LTE VoLTE systems, providing a modern 5G experience for users [2][5]. Group 2: Leadership and Vision - VTel aims to close the digital divide in rural communities through substantial investment in next-generation infrastructure, as emphasized by its CEO Dr. Michel Guité [3]. - The partnership with Ericsson is seen as a pivotal move to ensure that rural communities can access world-class connectivity, thereby participating fully in the digital economy [3][4]. Group 3: Broader Impact and Future Readiness - The deployment of Ericsson's dual-mode 5G Core and advanced RAN technologies will enhance network efficiency and flexibility, preparing VTel for future 5G innovations [4][6]. - The collaboration with Xtreme Enterprises aims to expand 5G SA roaming capabilities to ultra-rural carriers across the U.S., creating a scalable model for modern rural connectivity [6].
Shaq Is Back! Shaq-A-Licious SLAMS, A Slam Dunk Gummy Candy, Brings Big Flavor to Final Four® Weekend
Prnewswire· 2026-03-31 13:00
Core Insights - Shaquille O'Neal's Shaq-A-Licious SLAMS has been introduced as the official gummy candy for the NCAA Tournament, marking its second consecutive year as a partner [1][2] - The product features unique gummy candies inspired by basketball, with flavors including watermelon, strawberry, orange, and a chewy sour mango hoop [2][3] Company and Product Overview - Shaq-A-Licious SLAMS is a collaboration with The Hershey Company, designed to provide a fun and interactive candy experience for fans during the NCAA Final Four Weekend [2][3] - The product is available at retailers nationwide and online, catering to game-day celebrations and events [4] Marketing and Fan Engagement - A series of activations will take place during the Final Four weekend, including candy samples, giveaways, and a live taping of Shaquille O'Neal's podcast, Big Pod [6] - The partnership aims to enhance fan experiences and promote community engagement through events like the Tip-Off Tailgate [6] Brand and Entrepreneurial Background - Shaquille O'Neal is recognized as a successful athlete-turned-businessman, with a diverse portfolio that includes sports analysis, music, and philanthropy [5][7] - His brand, Shaq-A-Licious, reflects his "Business of Fun" mantra, appealing to both sports fans and candy lovers [5][7] Hershey Company Overview - The Hershey Company is a leading snacks company with over $11.2 billion in annual revenues, known for its iconic brands and commitment to community support [10][11] - Hershey has a long-standing history of responsible operations and philanthropic efforts, including educational initiatives [11]