PHILADELPHIA, May 27, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Viatris Inc. (“Viatris” or the “Company”) (NASDAQ: VTRS) on behalf of purchasers of Viatris securities between August 8, 2024 through February 26, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired Viatris securities during the Class Period may, no later than JUNE 3, 2025, seek to be appointed as a lead plaintiff represent ...

Core Viewpoint - A securities class action lawsuit has been filed against Viatris Inc. for allegedly misleading investors during the Class Period from August 8, 2024, to February 26, 2025 [1][3]. Company Overview - Viatris is a healthcare company based in Canonsburg, PA, that provides medicines to one billion patients globally [2]. Legal Context - The lawsuit claims that Viatris misled investors by downplaying the consequences of a failed inspection at its Indore, India facility and a Warning Letter from the U.S. Food and Drug Administration [3]. - Investors who purchased Viatris securities during the Class Period have until June 3, 2025, to seek appointment as lead plaintiff [2]. Law Firm Background - Berger Montague, the law firm handling the case, has been involved in securities class action litigation since 1970 and has represented both individual and institutional investors [5].

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for failing to disclose significant accounting irregularities related to its acquisition of Lugano Holdings, impacting the financial reporting during the Class Period from May 1, 2024, to May 7, 2025 [1][3]. Company Overview - Compass Diversified Holdings is a private equity firm headquartered in Westport, Connecticut, which acquired a majority interest in Lugano Holdings, Inc., a high-end jewelry designer, in 2021 for an enterprise value of $256 million [2]. Legal Allegations - The lawsuit alleges that Compass did not disclose that: - Lugano violated applicable accounting rules and industry practices during fiscal 2024 [3]. - Lugano's 2024 financial results were artificially distorted due to these accounting irregularities [3]. - Compass failed to implement effective internal controls over its financial reporting [3]. Investor Information - Investors who purchased Compass securities during the Class Period have until July 8, 2025, to seek appointment as a lead plaintiff representative of the class [2].

PHILADELPHIA, May 19, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Civitas Resources, Inc. ("Civitas" or the "Company") (NYSE: CIVI) on behalf of purchasers of Civitas securities between February 27, 2024 through February 24, 2025, inclusive (the "Class Period"). Investor Deadline: Investors who purchased or acquired Civitas securities during the Class Period may, no later than JULY 1, 2025, seek to be appointed as a lead plaintiff r ...

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for failing to disclose significant accounting irregularities related to its acquisition of Lugano Holdings, leading to a substantial drop in stock price [1][3][4]. Company Overview - Compass Diversified Holdings is a private equity firm headquartered in Westport, Connecticut, which acquired a majority interest in Lugano Holdings, Inc., a high-end jewelry designer, in 2021 for an enterprise value of $256 million [2]. Lawsuit Details - The lawsuit claims that during the class period from May 1, 2024, to May 7, 2025, Compass did not disclose that Lugano violated accounting rules and that its 2024 financial results were distorted due to these irregularities [3]. - Compass also allegedly failed to implement effective internal controls over its financial reporting [3]. Stock Price Impact - Following the announcement of identified irregularities in Lugano's financial practices on May 7, 2025, Compass's stock price fell by $10.70 per share, a decline of over 62%, closing at $6.55 on May 8, 2025 [4].

PHILADELPHIA, May 15, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. ("Solaris" or the "Company") (NYSE: SEI) on behalf of purchasers of Solaris securities between July 9, 2024 through March 17, 2025, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired Solaris securities during the Class Period may, no later than MAY 27, 2025, seek to be appointed as a lead plaintiff ...

Core Viewpoint - A securities class action lawsuit has been filed against Zynex, Inc. for allegedly misleading investors regarding its revenue practices and product shipments during the class period from March 13, 2023, to March 11, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Zynex shipped products, including electrodes, in excess of demand, which allowed the company to inflate its revenue [3]. - It is alleged that Zynex's practice of filing false claims attracted scrutiny from insurers, including Tricare, leading to potential adverse consequences such as removal from insurer networks and federal penalties [3]. Group 2: Company Information - Zynex, headquartered in Englewood, CO, specializes in manufacturing electrotherapy devices for pain management and rehabilitation [2]. - Investors who purchased Zynex securities during the class period have until May 19, 2025, to seek appointment as lead plaintiff representatives [2].

Core Viewpoint - A securities class action lawsuit has been filed against Semtech Corporation for alleged issues related to its CopperEdge product sales during the specified class period from August 27, 2024, to February 7, 2025 [1][2]. Company Overview - Semtech Corporation is headquartered in Camarillo, California, and operates as a semiconductor, digital systems, and cloud connectivity service provider. The company's product portfolio includes CopperEdge products, which are utilized in active copper cables [2]. Recent Developments - On February 7, 2025, Semtech announced that CopperEdge sales would not meet expectations for fiscal year 2026, indicating that sales would be lower than the previously estimated floor case of $50 million due to customer feedback and necessary architectural changes [3]. - Following this announcement, Semtech's stock price experienced a significant decline, dropping by $16.91, or 31%, to close at $37.60 per share on February 10, 2025 [3]. Legal Context - Investors who purchased Semtech securities during the class period have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action lawsuit [2].

Core Viewpoint - A securities class action lawsuit has been filed against Monolithic Power Systems, Inc. for the period between February 8, 2024, and November 8, 2024, due to significant issues with its largest customer, Nvidia Corporation [1][3]. Company Overview - Monolithic Power Systems, Inc. is headquartered in Kirkland, WA, and specializes in power management components for electronic systems [3]. - The company's largest customer is Nvidia Corporation, a leading supplier of GPUs [3]. Lawsuit Details - The lawsuit is on behalf of investors who purchased Monolithic Power securities during the specified Class Period [1]. - Investors have until April 7, 2025, to seek appointment as lead plaintiff representative of the class [3]. Key Events - On November 11, 2024, a report from Edgewater Research indicated that Nvidia had canceled half of its outstanding orders with Monolithic Power and planned to exclude its products from future chip generations due to performance issues [4]. - Following this news, Monolithic Power's share price dropped by $114, or 15%, from $761.30 on November 8, 2024, to $647.31 on November 11, 2024 [5].