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Saxena White P.A. Files Securities Fraud Class Action Against WPP plc and Certain of Its Executives, Expanding the Class Period and Allegations Asserted in Related Action
Globenewswire· 2025-11-28 23:55
Core Viewpoint - Saxena White P.A. has initiated a securities fraud class action lawsuit against WPP plc and certain executives, alleging misrepresentation of the company's transformation strategy and its impact on business performance during the class period from February 22, 2024, to July 8, 2025 [1][2][6]. Group 1: Class Action Details - The class action expands the allegations from a related lawsuit, extending the class period for WPP ADR purchasers [2]. - Investors wishing to serve as lead plaintiff must file a motion by December 8, 2025, as per the Private Securities Litigation Reform Act [3]. Group 2: Company Overview - WPP provides a range of services including advertising, media management, consultancy, and public relations, and has undergone a strategic transformation since becoming the world's largest advertising company in 2020 [4]. - The company rebranded its media division to WPP Media in May 2025, aiming to simplify operations and enhance strategic synergies [4]. Group 3: Allegations Against WPP - The lawsuit claims that WPP misrepresented its transformation strategy, stating that it lacked a coherent plan and faced significant internal disruptions that hindered new business generation and led to the loss of major clients [5][6]. - Positive statements made by WPP regarding its business prospects were allegedly false and misleading, lacking a reasonable basis [6]. Group 4: Impact of the Allegations - The truth about WPP's struggles was revealed on July 9, 2025, when the company admitted to disappointing results due to lower new business, resulting in an 18% drop in ADR price [7].
Tesla loses some AI staff to a new robotics startup
Business Insider· 2025-11-28 23:51
Core Insights - Sunday Robotics has emerged from stealth mode, revealing a team with significant experience from Tesla, including at least 10 former employees involved in Tesla's humanoid robot and self-driving initiatives [1][4] - The startup has introduced its home robot, Memo, which is capable of performing various household tasks [5] Company Overview - Sunday Robotics was co-founded by Cheng Chi and Tony Zhao in 2024, with Zhao having interned on Tesla's Autopilot team [5] - The company employs around 50 people, including engineers and memory developers focused on training the robot [4] Product Development - The home robot, Memo, was unveiled on November 19, showcasing its ability to pick up wine glasses, load a dishwasher, and fold socks [5] - Sunday Robotics is part of a growing trend in the robotics industry, with other startups like 1X also developing consumer-ready home robots [7] Team Composition - The team includes former Tesla employees with extensive backgrounds in AI infrastructure and robotics, such as Perry Jia and Nadeesha Amarasinghe, who worked on Tesla's Autopilot and Optimus programs [2][3] - The startup also has several former interns and employees from Tesla's Autopilot team, indicating a strong foundation in advanced robotics [4]
HALPER SADEH LLC ENCOURAGES AMYLYX PHARMACEUTICALS, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-28 23:40
Core Points - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Amylyx Pharmaceuticals, Inc. [1] - Long-term shareholders of Amylyx may seek corporate governance reforms, financial incentives, or other benefits through legal action [2] - Shareholder involvement is emphasized as a means to improve company policies and enhance shareholder value [3] - Halper Sadeh LLC has a history of representing investors affected by securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
HALPER SADEH LLC ENCOURAGES DANAHER CORPORATION SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-28 23:34
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Danaher Corporation, which may affect shareholder rights and corporate governance [1][2]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Danaher may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2]. - Shareholder involvement is crucial for improving company policies and practices, leading to enhanced shareholder value [3]. Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered significant funds for defrauded investors [4].
Builders Capital Mortgage Corp. Reports Third Quarter 2025 Results
Newsfile· 2025-11-28 23:31
Builders Capital Mortgage Corp. Reports Third Quarter 2025 ResultsAchieved Second Highest Quarterly Revenue of $1.85 MillionNovember 28, 2025 6:31 PM EST | Source: Builders Capital Mortgage Corp.Calgary, Alberta--(Newsfile Corp. - November 28, 2025) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its third quarter financial results for the period ended September 30, 2025.Highlights include:Generated quarterly revenue of $1.85 m ...
UK's easyJet completes software update on many Airbus A320 aircraft after recall
Reuters· 2025-11-28 23:30
Core Insights - easyJet has completed software updates on many A320 aircraft following a global recall issued by Airbus [1] Company Summary - easyJet has proactively addressed the software update requirements for its A320 fleet in response to the recent global recall from Airbus [1]
HALPER SADEH LLC ENCOURAGES ENOVIX CORP. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-28 23:28
Accessibility StatementSkip Navigation Shareholders should contact the firm immediately as there may be limited time to enforce your rights. NEW YORK, Nov. 28, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Enovix Corp. (NASDAQ: ENVX) breached their fiduciary duties to shareholders. If you currently own Enovix stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back t ...
Mondelēz Global LLC Conducts Limited Voluntary Recall of 1 SKU of RITZ Peanut Butter Cracker Sandwiches in New York, New Jersey, Pennsylvania, Georgia, Arkansas, Missouri, Oklahoma, and Alabama
Globenewswire· 2025-11-28 23:22
EAST HANOVER, N.J., Nov. 28, 2025 (GLOBE NEWSWIRE) -- Mondelēz Global LLC announced today a voluntary recall of 70 cases of RITZ Peanut Butter Cracker Sandwiches and sold in the following U.S. states: New York, New Jersey, Pennsylvania, Georgia, Arkansas, Missouri, Oklahoma, and Alabama. This recall is limited to 1 SKU and 2 Code Dates previously recalled in July. This action is not an expansion of that prior recall and is being conducted out of an abundance of caution. The affected cartons include individu ...
HALPER SADEH LLC ENCOURAGES GLOBE LIFE INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-28 23:19
Accessibility StatementSkip Navigation Shareholders should contact the firm immediately as there may be limited time to enforce your rights. NEW YORK, Nov. 28, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Globe Life Inc. (NYSE: GL) breached their fiduciary duties to shareholders. SOURCE Halper Sadeh LLP 21% more press release views with Request a Demo Also from this source Halper Sadeh LLC Encourages SEMR, EXAS, MRSN Sharehol ...
TNR Gold Corporate Update and Strategic Review of the Developing M&A Opportunities
Newsfile· 2025-11-28 23:18
TNR Gold Corporate Update and Strategic Review of the Developing M&A OpportunitiesNovember 28, 2025 6:18 PM EST | Source: TNR Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to provide a corporate update and announce that the Company is continuing its strategic review of developing M&A opportunities."TNR Gold Corp is your gateway to the green energy rEVolution and gold stability," stated Ki ...