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DoubleVerify Holdings, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before July 21, 2025 to Discuss Your Rights - DV
Prnewswire· 2025-06-17 09:45
Core Viewpoint - A class action securities lawsuit has been filed against DoubleVerify Holdings, Inc. alleging securities fraud that negatively impacted investors between November 10, 2023, and February 27, 2025 [1] Group 1: Allegations of the Lawsuit - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where the company's technological capabilities were limited [2] - It is alleged that the monetization of DoubleVerify's Activation Services was constrained due to the high costs and time required for technology development for closed platforms [2] - The complaint states that DoubleVerify's competitors were better positioned to integrate AI into their offerings, which adversely affected the company's competitive standing and profits [2] - The lawsuit also alleges that DoubleVerify overbilled customers for ad impressions served to bots and that the company's risk disclosures were misleading [2] Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until July 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Levi & Korsinsky Notifies Shareholders of Open Lending Corporation (LPRO) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-06-17 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Open Lending Corporation, alleging securities fraud that affected investors between February 24, 2022, and March 31, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that the defendants made false statements regarding the company's risk-based pricing models and profit share revenue [2]. - It is alleged that the company failed to disclose that its 2021 and 2022 vintage loans were worth significantly less than their outstanding loan balances [2]. - The complaint also states that the underperformance of the company's 2023 and 2024 vintage loans was misrepresented [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 30, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [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 [4].
Investors in Civitas Resources, Inc. Should Contact Levi & Korsinsky Before July 1, 2025 to Discuss Your Rights - CIVI
Prnewswire· 2025-06-17 09:45
Core Viewpoint - Civitas Resources, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 27, 2024, and February 24, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Civitas was likely to significantly reduce its oil production in 2025 due to declines after a production peak at the DJ Basin in Q4 2024 and a low TIL count at the end of 2024 [2] - Increasing oil production would necessitate acquiring additional acreage and development locations, leading to significant debt and potential asset sales to cover acquisition costs [2] - The company's financial condition may require disruptive cost reduction measures, including a significant workforce reduction [2] - As a result, Civitas's business and financial prospects, as well as operational capabilities, were allegedly overstated, making public statements materially false and misleading [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until July 1, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the U.S. [4]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 7, 2025 in Digimarc Corporation Lawsuit - DMRC
Prnewswire· 2025-06-17 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Digimarc Corporation, alleging securities fraud that negatively impacted investors between May 3, 2024, and February 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Digimarc's management made false statements regarding a significant commercial partner's contract renewal, which would not occur on the same terms [2]. - It is alleged that the company would need to renegotiate this large commercial contract, leading to adverse effects on subscription revenue and annual recurring revenue [2]. - The positive statements made by the defendants about the company's business and prospects were misleading or lacked a reasonable basis due to these issues [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until July 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require 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 strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Group Diversified Holdings, LLC Lawsuit - CODI
Prnewswire· 2025-06-17 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Compass Group Diversified Holdings, LLC due to alleged securities fraud affecting investors between May 1, 2024, and May 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Compass Diversified failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc., which had undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2]. - On May 7, 2025, Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an internal investigation into Lugano, leading to a significant drop in stock price from $17.25 to $6.55 per share [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 8, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [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 and consistently ranking among the top securities litigation firms in the United States [4].
Coherent Stock Falls 23% This Year. AI To The Rescue?
Forbes· 2025-06-17 09:35
Core Insights - Coherent stock (NYSE:COHR) has decreased by nearly 23% year-to-date in 2025 due to a mixed macroeconomic environment and cautious near-term forecasts, despite robust fundamental performance [2] - Revenue for Q3 increased by 24% year-over-year to $1.5 billion, with earnings per share rising to $0.91, an increase of $0.53 compared to last year [2] - The company is focusing on AI products, with revenue from its 800G model for ultra-fast data transmission increasing nearly 80% sequentially to nearly $200 million [2] Financial Performance - Coherent's price-to-sales (P/S) ratio is 2.2, compared to 3.0 for the S&P 500, indicating it may be slightly undervalued [3] - Revenue growth has averaged 22.1% over the past three years, with a 21.7% increase from $4.6 billion to $5.6 billion in the last 12 months [3] - Operating income over the last four quarters was $467 million, resulting in an operating margin of 8.4%, lower than the S&P 500's 13.2% [4] Margins and Future Outlook - Operating cash flow (OCF) reached $666 million, with an OCF margin of 11.9%, also below the S&P 500's 14.9% [4] - Adjusted gross margins increased to 38.5%, reflecting a rise of approximately 490 basis points year-over-year, with a target of 40% margins in the near future [4] - The industrial laser division is expected to gain traction as demand for advanced lasers grows, supported by a global manufacturing presence across approximately 60 locations in 14 countries [5]
IBM Builds A Solid AI And Cloud Foundation For GARP Investors
Seeking Alpha· 2025-06-17 09:31
Group 1 - IBM's supercomputer Watson achieved a significant technological milestone by defeating two human champions on the quiz show Jeopardy! in February 2011 [1] - This event not only showcased IBM's advancements in artificial intelligence but also set the stage for future developments in the field [1] Group 2 - The article reflects the author's investment criteria, emphasizing the importance of companies that demonstrate growth in revenue, earnings, and free cash flow [1] - It highlights a preference for companies with excellent growth prospects, favorable valuations, and high free cash flow margins [1]
Banking giant raises Nvidia stock price target
Finbold· 2025-06-17 09:31
Barclays has raised its price target for Nvidia (NASDAQ: NVDA) to $200 from $170, citing strong Blackwell chip production momentum.The update comes as NVDA shares jumped 1.92% to close at $144.69 on Monday, putting the AI chip giant within striking distance of an all-time high after a two-month turnaround. Shares closed about 3% off the record closing high.NVDA 1-day stock  price chart. Source: Google FinanceThe latest upward movement follows Nvidia’s GTC Paris event last week, where CEO Jensen Huang also a ...
Aon's 2025 Global Cyber Risk Report Reveals Reputation Risk Events Can Reduce Shareholder Value by 27 percent
Prnewswire· 2025-06-17 09:30
DUBLIN, June 17, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today released its 2025 Cyber Risk Report, revealing that cyber events that cause reputation risks can result in an average of 27 percent drop in shareholder value, highlighting the growing financial and reputational stakes of cyber risk.The findings build on Aon's 2023 research, which showed that major cyber incidents led to an average 9 percent decline in shareholder value over the following year. This ...
RTX's Pratt & Whitney adds ITP Aero to GTF MRO Network
Prnewswire· 2025-06-17 09:30
Madrid-based shop becomes 21st GTF MRO facilityPARIS, June 17, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, announced it will expand its global network of GTF engine maintenance providers to include ITP Aero ("ITP"). The Madrid-based facility will maintain the PW1500G engine for the Airbus A220 family and the PW1900G for the Embraer E-Jets E2 family with full maintenance, repair and overhaul (MRO) services and test capability. ITP will become the 21st shop in the GTF MRO network and th ...