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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Netflix, Inc. (NASDAQ: NFLX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-11-17 19:00
Company Overview - Netflix is a major global entertainment platform, offering TV shows, movies, and games in various genres and languages to over 300 million subscribers across more than 190 countries [3]. Allegations and Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Netflix, based on allegations of providing potentially misleading business information to the investing public [1]. - The investigation focuses on whether Netflix and certain executives issued materially inaccurate or misleading statements and/or failed to disclose significant information about the company's business and operations [4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Varonis Systems, Inc. (NASDAQ: VRNS) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-11-12 18:27
Company Overview - Varonis Systems, Inc. is a data security firm that specializes in protecting and managing sensitive data across both on-premises and cloud environments through threat detection, access control, and compliance automation [3]. Allegations and Financial Performance - On October 28, 2025, Varonis Systems reported Q3 results that fell short of expectations, with term license subscriptions, which account for 15.4% of total revenues, decreasing by 63.9% to $24.8 million [4]. - Maintenance and services, representing 9.1% of total revenues, declined by 49.1% to $10.9 million [4]. - The company revised its annual recurring revenue (ARR) forecast downward, attributing this to weak on-premises subscriptions and sales issues [4]. - Following the announcement of these results, Varonis stock experienced a significant drop of 48.67%, closing at $32.34 per share on October 29, 2025 [4]. Legal Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Varonis Systems, stemming from allegations of providing misleading business information to the investing public [1][4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Simulations Plus, Inc. (NASDAQ: SLP) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-11-11 03:15
Company Overview - Simulations Plus, Inc. provides software and consulting services to support drug discovery and development in the pharmaceutical industry [3]. Allegations of Wrongdoing - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Simulations Plus, stemming from allegations of providing misleading business information to investors [1]. - On April 15, 2025, Simulations Plus hired Grant Thornton as its auditor. Following weak preliminary Q3 results reported in June, the company's stock dropped over 24% to close at $20.05 per share [4]. - On July 14, 2025, Simulations Plus reported a $77.2 million charge related to prior acquisitions and dismissed Grant Thornton, despite the auditor's objections regarding unresolved reporting and internal control issues. This led to a further stock decline of 25.76%, closing at $12.97 per share [4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Beyond Meat, Inc. (NASDAQ: BYND) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-11-11 02:15
Company Overview - Beyond Meat, Inc. specializes in plant-based meat alternatives, including products like the Beyond Burger, and utilizes non-GMO ingredients [3]. Allegations and Financial Impact - On October 24, 2025, Beyond Meat announced a significant non-cash impairment charge on certain assets, which led to a stock price drop of over 23% [4]. - Following the announcement, the company delayed its third-quarter earnings release on November 3, 2025, resulting in an additional decline of 16.52% in its share price [4]. Legal Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws related to Beyond Meat, stemming from allegations of providing misleading business information to investors [1].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Agilon Health, Inc. (NYSE: AGL) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-11-10 19:46
Company Overview - Agilon Health partners with primary care doctors to deliver coordinated, value-based senior care [3] Allegations and Financial Impact - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Agilon Health due to allegations of providing potentially misleading business information [1] - On August 4, 2025, Agilon Health announced its second-quarter 2025 results, with the Executive Chair acknowledging that industry challenges had become more severe than expected, leading to the suspension of its full-year financial guidance [4] - Following this announcement, Agilon Health's stock plummeted by 51.5% on August 5, 2025 [4]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-11-10 19:40
Company Overview - Arcturus Therapeutics specializes in creating mRNA vaccines and therapies [3] Allegations and Impact - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Arcturus, stemming from allegations of providing misleading business information to investors [1] - On October 22, 2025, Arcturus reported Phase 2 trial results for its inhaled mRNA therapy ARCT-032 in cystic fibrosis, which showed no meaningful improvement in lung function (FEV1) [4] - Following the trial results announcement, Arcturus's stock price dropped by 50.17%, closing at $11.54 per share [4]
DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Claims on Behalf of Hyundai AutoEver America Customers Whose Data May Have Been Compromised
Globenewswire· 2025-11-06 23:38
Core Points - Hyundai AutoEver America (HAEA) experienced a data breach that was discovered on or about March 1, 2025, affecting its information technology environment [3] - The unauthorized activity on HAEA's network occurred between February 22, 2025, and March 2, 2025, potentially exposing personal information such as names, Social Security numbers, and driver's license numbers [3] Company Overview - Hyundai AutoEver America is part of Hyundai Motor Group and provides full-cycle automotive IT consulting, management, and support services [2] Legal Investigation - Edelson Lechtzin LLP is investigating data privacy claims related to the HAEA incident and is considering a class action lawsuit for individuals whose sensitive personal data may have been compromised [1][4]
DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Claims on Behalf of Conduent Business Services, LLC Customers Whose Data May Have Been Compromised
Globenewswire· 2025-10-30 20:43
Core Points - Conduent Business Services, LLC experienced a data breach that was discovered on January 13, 2025, affecting its network operations [3] - An unauthorized third party accessed Conduent's network between October 21, 2024, and January 13, 2025, potentially obtaining sensitive personal information [3] - The law firm Edelson Lechtzin LLP is investigating claims related to the data breach and is considering a class action lawsuit for affected individuals [4] Company Overview - Conduent provides digital process solutions to enhance operations for businesses and government agencies [2] Incident Details - The cybersecurity incident led to disruptions in Conduent's network, prompting immediate security measures and an investigation [3] - The compromised files may have included personal information such as names, Social Security numbers, medical information, and health insurance details [3] Legal Actions - Edelson Lechtzin LLP is actively investigating the situation and seeking legal remedies for individuals whose data may have been compromised [4]
DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Claims on Behalf of AppFolio, Inc. Customers Whose Data May Have Been Compromised
Globenewswire· 2025-10-08 00:25
Core Insights - AppFolio, Inc. experienced a data breach involving unauthorized access to its CRM system through a third-party vendor, Salesloft, between August 8 and August 18, 2025 [3][4]. Group 1: Incident Details - The data breach was discovered on or around August 22, 2025, prompting AppFolio to deactivate all Salesloft integrations and initiate an investigation [3]. - Investigators found that the unauthorized party targeted a specific location within the CRM that stored sensitive personal information, potentially including names and Social Security numbers [4]. Group 2: Company Overview - AppFolio, Inc. is a technology company based in Santa Barbara, specializing in cloud-based software solutions for property management [2].
DATA BREACH ALERT: Edelson Lechtzin LLP is Investigating Claims on Behalf of SI-Bone, Inc. Customers Whose Data May Have Been Compromised
Globenewswire· 2025-10-03 16:20
Core Points - SI-Bone, Inc. experienced a data breach on or about October 1, 2025, which has led to an investigation into data privacy claims [1][3] - The breach may have exposed sensitive personal information, including names, Social Security numbers, driver's license numbers, addresses, medical information, and health insurance information [3] - Edelson Lechtzin LLP is investigating a potential class action lawsuit for individuals whose sensitive personal data may have been compromised [4] Company Overview - SI-Bone, Inc. is based in Santa Clara, California, and specializes in developing minimally invasive devices for treating sacropelvic conditions, particularly SI joint pain [2] Legal Context - Edelson Lechtzin LLP is a national class action law firm that focuses on various litigation areas, including data breaches, securities fraud, antitrust violations, and consumer fraud [5]