Synopsys, Inc. Notice of Application Deadline for Recovery in Class Action Lawsuit – Filing Deadline December 30, 2025
Globenewswire· 2025-12-17 03:47
Core Viewpoint - A class action securities lawsuit has been filed against Synopsys, Inc. due to alleged securities fraud affecting investors between December 4, 2024, and September 9, 2025 [1][2]. Financial Performance - Synopsys reported 3Q2025 financial results with quarterly revenue of $1.740 billion, which was below the prior guidance of $1.755 billion to $1.785 billion [4]. - The net income for the quarter was $242.5 million, representing a 43% decline from $425.9 million reported in 3Q2024 [4]. - The Design IP segment contributed approximately 25% of total revenue, amounting to $426.6 million, which is a 7.7% year-over-year decline [4]. - Guidance indicated that Design IP revenues are expected to decline by at least 5% for the full fiscal year 2025 [4]. Stock Market Reaction - Following the announcement of the financial results, Synopsys' share price dropped by $216.59, or 35.8%, closing at $387.78 per share on September 10, 2025, with unusually high trading volume [4]. Legal Proceedings - The initial case filed is Kim v. Synopsis, Inc., et al., No. 25-cv-09410, with a subsequent case, New England Teamsters Pension Fund v. Synopsis, Inc., et al., No. 25-cv-10201, expanding the class period [5]. - Investors who suffered losses during the relevant timeframe have until December 30, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [5]. About the Law Firm - Kahn Swick & Foti, LLC is a prominent boutique securities litigation law firm, ranked among the top 10 firms nationally based on total settlement value [6].
Vision Marine Technologies (VMAR) Stock Popped 157% on Tuesday: Here's Why It's Trending - Vision Marine Techs (NASDAQ:VMAR)
Benzinga· 2025-12-17 03:46
Vision Marine Technologies Inc. (NASDAQ:VMAR) shares are trending on Wednesday.Check out the current price of VMAR stock here.Shares of the Canadian company fell 13.43% to $0.84 in after-hours trading on Tuesday.Dilutive Offering Triggers SelloffVision Marine Technologies filed an amended Form F-1 registration statement, used by foreign private issuers to register securities for public sale in the U.S., with the Securities and Exchange Commission on Monday.The SEC filing seeks to offer up to 15.09 million c ...
Jayud Global Logistics Ltd. Notice of January 19, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq.
Globenewswire· 2025-12-17 03:46
Core Viewpoint - A class action securities lawsuit has been filed against Jayud Global Logistics Limited, alleging securities fraud that affected investors between April 21, 2023, and April 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Jayud Global was involved in a fraudulent stock promotion scheme, which included misinformation on social media and impersonation of financial professionals [4]. - It is alleged that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign [4]. - The company's public statements and risk disclosures reportedly failed to mention the false rumors and artificial trading activity that inflated the stock price [4]. - As a result of these actions, the positive statements made by the defendants regarding Jayud's business and prospects were deemed materially misleading [4]. Group 2: Legal Process - The case is identified as Lindstrom v. Jayud Global Logistics Limited, et al., Case No. 25-cv-09662 [5]. - Investors who suffered losses during the specified timeframe have until January 19, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [5]. Group 3: Law Firm Background - Kahn Swick & Foti, LLC, the law firm handling the case, is recognized as one of the top boutique securities litigation firms in the U.S., with a ranking among the top 10 firms nationally based on total settlement value [5]. - The firm represents a diverse range of clients, including institutional and retail investors, seeking recoveries for losses due to corporate fraud [5].
DeFi Technologies Inc. Notice of Application Deadline for Recovery in Class Action Lawsuit – Filing Deadline January 30, 2026
Globenewswire· 2025-12-17 03:45
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies Inc. due to alleged securities fraud affecting investors between May 12, 2025, and November 14, 2025 [2][4]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors adversely affected by the company's actions during the specified period [2]. - The case is identified as Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637 [5]. Group 2: Financial Performance - On November 13, 2025, DeFi Technologies announced a nearly 20% decline in revenue for Q3 2025, significantly below market expectations [4]. - The company revised its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing DeFi Alpha arbitrage opportunities due to market conditions [4]. - Following the announcement, DeFi's share price dropped by $0.40, or 27.59%, closing at $1.05 per share on November 17, 2025 [4]. Group 3: Investor Actions - Investors who suffered losses during the relevant timeframe have until January 30, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this [5].
Stride, Inc. Securities Fraud Class Action Result of Customer Experience Issues and +54% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:44
Core Viewpoint - Stride, Inc. is facing a securities class action lawsuit due to allegations of failing to disclose material information and engaging in fraudulent practices, which has led to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors who suffered substantial losses from Stride's securities between October 22, 2024, and October 28, 2025, have until January 12, 2026, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the Eastern District of Virginia, under the case name MacMahon v. Stride, Inc., et al. [6]. - Allegations against Stride include fraud, deceptive trade practices, and systemic violations of law, particularly related to inflating enrollment numbers to secure state funding [4]. Group 2: Financial Impact - Following the complaint filed by the Gallup-McKinley County Schools Board of Education, Stride's share price dropped by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [4]. - On October 28, 2025, Stride disclosed that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, resulting in a share price decline of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [5].
Sprouts Farmers Market, Inc. Securities Fraud Class Action Result of Undisclosed Financial Problems and 26% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:43
Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for failing to disclose material information during the class period, leading to significant investor losses [3][4]. Group 1: Lawsuit Details - Investors who suffered substantial losses from purchasing Sprouts' securities between June 4, 2025, and October 29, 2025, have until January 26, 2026, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the District of Arizona, under the case name Singh Family Revocable Trust u/a dtd 02/18/2019 v. Sprouts Farmers Market, Inc., et al. [5]. Group 2: Financial Performance - On October 29, 2025, Sprouts announced its third quarter fiscal 2025 results, revealing comparable store sales growth below expectations and disappointing fourth quarter guidance, which led to a significant drop in share price [4]. - Following the announcement, Sprouts' share price fell from $104.55 to $77.25, a decline of approximately 26.11% in one day [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case, with a strong track record in recovering investment losses due to corporate fraud [5].
Six Flags Entertainment Corporation Securities Fraud Class Action Result of Undisclosed Financial Problems and 63% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:42
Core Viewpoint - Investors with substantial losses in Six Flags Entertainment Corporation have until January 5, 2026, to file lead plaintiff applications in a securities class action lawsuit related to the company's merger with Cedar Fair, L.P. [1] Group 1: Lawsuit Details - The lawsuit alleges that Six Flags and certain executives failed to disclose material information in the registration statement for the merger, violating federal securities laws [3]. - The registration statement did not reveal that Legacy Six Flags suffered from chronic underinvestment and required millions in additional capital to maintain its market share [4]. - Following the appointment of CEO Selim Bassoul in November 2021, aggressive cost-cutting measures were implemented, degrading operational competence and guest experience [4]. Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock traded above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [5].
James Hardie Industries Securities Fraud Class Action Result of Sales Issues and +34% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:41
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for failing to disclose material information during the Class Period, leading to significant financial losses for investors [3][4]. Summary by Sections Lawsuit Details - The lawsuit involves allegations against James Hardie and certain executives for not disclosing critical information that violated federal securities laws during the Class Period from May 20, 2025, to August 18, 2025 [3]. - On August 19, 2025, the company revealed a 12% decline in sales in its North America Fiber Cement segment, attributed to customer destocking, which was first identified in April and May [3]. Financial Impact - Following the disclosure of the sales decline, James Hardie's share price plummeted over 34%, dropping from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025, representing a loss of $9.79 per share [4]. Legal Process - Investors who purchased shares during the Class Period have until December 23, 2025, to file lead plaintiff applications in the ongoing lawsuit [1][2].
CarMax, Inc. Securities Fraud Class Action Result of Undisclosed Financial Problems and 20% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:38
Core Viewpoint - Investors with substantial losses in CarMax, Inc. have until January 2, 2026, to file lead plaintiff applications in a securities class action lawsuit due to alleged failure to disclose material information during the Class Period from June 20, 2025, to November 5, 2025 [1][3]. Summary by Sections Lawsuit Details - CarMax and certain executives are accused of violating federal securities laws by not disclosing important information during the Class Period [3]. - The lawsuit is identified as Cap v. CarMax, Inc., No. 25-cv-03602 [4]. Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales, a 6.3% decrease in comparable store unit sales, and a 2.2% decrease in wholesale units [3]. - The net earnings per diluted share were reported at $0.64, down from $0.85 a year ago [3]. Market Reaction - Following the financial results announcement, CarMax's share price dropped by $11.5, or 20.07%, closing at $45.60 per share on September 25, 2025 [4].
Warner Bros Discovery to reject Paramount's $108 billion bid? Netflix may emerge winner of mega deal — What we know
MINT· 2025-12-17 03:36
Warner Bros. Discovery Inc. is likely to turn down Paramount Skydance Corp.’s hostile takeover bid worth $108.4 billion, Bloomberg and Reuters reported quoting people familiar with the matter.According to the Bloomberg report, the latest twist in the race for acquiring the production house comes amid Warner Bros Discovery's concerns regarding financing and other such terms.The board of Warner Bros Discovery is likely to reject the offer by Paramount Skydance as early as Wednesday and may ask shareholders to ...