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Fortinet, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before November 21, 2025 to Discuss Your Rights - FTNT
Prnewswire· 2025-10-28 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Fortinet, Inc. for alleged securities fraud affecting investors between November 8, 2024, and August 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Fortinet's management made false statements regarding the refresh cycle of their products, suggesting it would be more profitable than it actually was, as it involved old products that represented a "small percentage" of the Company's business [2]. - It is alleged that Fortinet misrepresented the number of FortiGate firewalls eligible for upgrades and that the refresh cycle was pushed through more quickly than communicated, with approximately half completed by the end of Q2 2025 [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4].
FLR LAWSUIT ALERT: Levi & Korsinsky Notifies Fluor Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-10-28 12:45
Core Viewpoint - Fluor Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 18, 2025, and July 31, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Fluor Corporation made false statements regarding the rising costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, which were attributed to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on the Company's business and financial results [2]. - The financial guidance provided by Fluor for FY 2025 is claimed to be unreliable and overstated regarding the effectiveness of its risk mitigation strategy and the impact of economic uncertainty [2]. Group 2: Legal Proceedings and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Levi & Korsinsky Reminds Cytokinetics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 17, 2025 - CYTK
Prnewswire· 2025-10-28 12:45
Accessibility StatementSkip Navigation CASE DETAILS: According to the complaint, defendants made materially false and misleading statements regarding the timeline for the New Drug Application ("NDA") submission and approval process for aficamten. Specifically, defendants represented that the Company expected approval from the U.S. Food and Drug Administration ("FDA") for its NDA for aficamten in the second half of 2025, based on a September 26, 2025 PDUFA date, and failed to disclose material risks related ...
November 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against KBR
Prnewswire· 2025-10-28 12:45
Accessibility StatementSkip Navigation https://zlk.com/pslra-1/kbr-inc-lawsuit-submission-form?prid=174080&wire=4 NEW YORK, Oct. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in KBR, Inc. ("KBR, Inc." or the "Company") (NYSE: KBR) of a class action securities lawsuit. KBR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of KBR, Inc. investors who were adver ...
Levi & Korsinsky Notifies Shareholders of WPP plc(WPP) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-10-28 12:45
Accessibility StatementSkip Navigation NEW YORK, Oct. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in WPP plc ("WPP" or the "Company") (NYSE: WPP) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of WPP investors who were adversely affected by alleged securities fraud between February 27, 2025 and July 8, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/wpp-plc-lawsu ...
Levi & Korsinsky Notifies Shareholders of Baxter International, Inc.(BAX) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-10-28 12:45
Accessibility StatementSkip Navigation NEW YORK, Oct. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Baxter International, Inc. ("Baxter International, Inc." or the "Company") (NYSE: BAX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Baxter International, Inc. investors who were adversely affected by alleged securities fraud between February 23, 2022 and July 30, 2025. Follow the link below to get more information and be contac ...
QXO: Deconstructing The Playbook To Consolidate Building Products Distribution Market
Seeking Alpha· 2025-10-28 12:45
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure:I/we have a beneficial long position in the shares of QXO either t ...
AAM and Dowlais $1.44bn merger receives European Commission clearance
Yahoo Finance· 2025-10-28 12:44
American Axle & Manufacturing (AAM) Holdings and UK-based Dowlais have confirmed that the European Commission (EC) has granted unconditional clearance for their proposed merger. Earlier this year, AAM agreed to buy Dowlais in a cash-and-stock transaction valued at about $1.44bn. The combination is intended to form a larger global driveline and metal‑forming supplier with a product set for internal combustion engine (ICE), hybrid, and electric vehicles (EV). Under the deal terms, Dowlais shareholders wil ...
Brookfield Corporation (BN) Continues to Compound Intrinsic Value
Yahoo Finance· 2025-10-28 12:44
Core Insights - Alphyn Capital Management reported a 3.0% net return for its Master Account in Q3 2025, underperforming the S&P 500 Index which returned 8.1% [1] - The top ten holdings of the fund represented approximately 68% of the portfolio, with around 17% held in cash as of Q3 2025 [1] - The market narrative during the quarter was influenced by advancements in AI, credit cycles, and geopolitical uncertainties [1] Company Focus: Brookfield Corporation (NYSE:BN) - Brookfield Corporation is highlighted as a key investment, with a one-month return of 1.42% and a 52-week gain of 28.25% [2] - As of October 27, 2025, Brookfield Corporation's stock closed at $46.75 per share, with a market capitalization of $104.903 billion [2] - The company reported a 13% year-over-year growth in distributable earnings (DE) before realizations, supported by nearly $100 billion in capital inflows over the past twelve months [3]
TeraWulf signs $9.5 billion Fluidstack joint venture to add 168 MW of AI compute
Yahoo Finance· 2025-10-28 12:43
According to a company press release, TeraWulf (WULF) has expanded its strategic partnership with AI cloud platform Fluidstack by forming a joint venture to develop 168 MW of critical IT load at the Abernathy, Texas campus, under a 25-year hosting commitment worth approximately $9.5 billion in contracted revenue. Get these headlines directly to your inbox: subscribe to Blockspace. Under the agreement, TeraWulf will hold a 51% majority stake in the joint venture, which is expected to deliver the facility i ...