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Berger Montague PC Investigating Claims on Behalf of Altimmune, Inc. (NASDAQ: ALT) Investors After Class Action Filing
Prnewswire· 2025-08-12 17:53
Group 1 - A class action lawsuit has been filed against Altimmune Inc. on behalf of investors who acquired its securities between August 10, 2023, and June 25, 2025 [1][2] - The lawsuit follows the announcement of disappointing results from the IMPACT Phase 2b trial of Pemvidutide for treating MASH, where the primary endpoint of fibrosis reduction did not achieve statistical significance [3] - Following the trial results announcement, Altimmune's stock price plummeted by 53.2%, closing at $3.61 on June 26, 2025, down from $7.71 the previous day [4] Group 2 - Altimmune is a clinical-stage biopharmaceutical company based in Gaithersburg, Maryland, focusing on therapeutics for obesity and liver disease, including MASH [2] - The company had previously made positive statements regarding the trial results, which ultimately did not materialize as expected [3]
ATTENTION NASDAQ: SPPI INVESTORS: Contact Berger Montague About a Spectrum Pharmaceuticals Class Action Lawsuit
GlobeNewswire News Room· 2025-08-07 15:46
Core Viewpoint - National plaintiffs' law firm Berger Montague PC is investigating securities fraud claims against Spectrum Pharmaceuticals, Inc. for misleading statements made during the Class Period from March 17, 2022, to September 22, 2022 [1][3] Company Overview - Spectrum Pharmaceuticals is a biopharmaceutical company focused on oncology treatments [2] Legal Proceedings - A class action lawsuit has been filed alleging that Spectrum made false or misleading statements regarding its Pinnacle Study, which involved the drug poziotinib for lung cancer treatment [3] - Investors who acquired Spectrum securities during the Class Period have until September 24, 2025, to seek appointment as lead plaintiff representative [2] Company Actions - Spectrum shares were delisted following the merger with Assertio Holdings, Inc. [3]
NYSE: SOC INVESTOR ALERT: Berger Montague Advises Sable Offshore Corp. (NYSE: SOC) Investors of September 26, 2025 Deadline
Prnewswire· 2025-08-07 15:06
Group 1 - A class action lawsuit has been filed against Sable Offshore Corp. by Berger Montague PC on behalf of investors who acquired Sable's publicly traded securities between May 19, 2025, and June 3, 2025 [1][2] - The lawsuit alleges that Sable made materially false and misleading statements regarding the status of its oil production, specifically claiming that production had restarted off the coast of California when it had not [3] - These misrepresentations are said to have artificially inflated Sable's stock price, leading to investor harm when the truth was revealed [3] Group 2 - Investors who purchased Sable securities during the class period have until September 26, 2025, to seek appointment as lead plaintiff representative [2] - Berger Montague has a long history in securities class action litigation, having represented individual and institutional investors for over five decades [4]
Berger Montague PC Investigating Claims on Behalf of Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) Investors
Prnewswire· 2025-08-06 19:41
Core Viewpoint - National plaintiffs' law firm Berger Montague PC is investigating securities fraud claims against Spectrum Pharmaceuticals, Inc. on behalf of investors who acquired shares during the specified class period [1][2] Group 1: Legal Investigation - The investigation focuses on claims that Spectrum made false or misleading statements regarding its Pinnacle Study, a clinical trial for the drug poziotinib aimed at treating certain lung cancer patients [3] - Investors who purchased Spectrum securities between March 17, 2022, and September 22, 2022, are eligible to seek appointment as lead plaintiff representative by the deadline of September 24, 2025 [2] Group 2: Company Background - Spectrum Pharmaceuticals is a biopharmaceutical company that specializes in oncology treatments [2] - Following a merger with Assertio Holdings, Inc., Spectrum shares were delisted [3]
Berger Montague PC Investigating Claims on Behalf of Novo Nordisk A/S (NYSE: NVO) After Class Action Filing
GlobeNewswire News Room· 2025-08-04 19:43
Core Viewpoint - A class action lawsuit has been filed against Novo Nordisk A/S by Berger Montague PC on behalf of investors who acquired Novo's publicly traded securities during the specified class period from May 7, 2025, to July 28, 2025 [1][2] Company Summary - Novo Nordisk A/S is a global pharmaceutical company headquartered in Denmark [3] - The lawsuit alleges that Novo understated the impact of the personalization exception to the compounded GLP-1 exclusion, which has allowed continued use of compounded alternatives to its products [3] - The company is accused of overstating the likelihood that patients using less expensive compounded drugs would switch to its branded products, leading to an overestimation of its long-term growth potential [3] Financial Performance - On July 29, 2025, Novo announced a reduction in its sales and profit outlook for fiscal 2025, citing slower-than-expected growth for its products Wegovy® and Ozempic® [4] - The guidance revision was attributed to ongoing competition from compounded GLP-1 products [4] - Following this announcement, Novo's stock price fell from $69.00 per share on July 28, 2025, to $53.94 per share on July 29, representing a decline of approximately 21.83% in one day [4]
ATTENTION NYSE: FI INVESTORS: Contact Berger Montague About a Fiserv, Inc. Class Action Lawsuit
Prnewswire· 2025-07-31 14:06
PHILADELPHIA, July 31, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC is investigating potential claims against Fiserv, Inc. (NYSE: FI) ("Fiserv" or the "Company") related to alleged securities law violations. This investigation follows the filing of a securities class action lawsuit against Fiserv and certain of its senior executives on behalf of investors who purchased the Company's securities between July 24, 2024 and July 22, 2025 (the "Class Period"). Investor Deadline: Investors ...
Berger Montague PC Announces Class Action Filed Against Sable Offshore Corp. (NYSE: SOC) for Alleged Securities Violations
Prnewswire· 2025-07-30 19:06
Core Viewpoint - Berger Montague PC is investigating claims against Sable Offshore Corp. following a class action lawsuit alleging misrepresentation of oil production status [1][3]. Group 1: Company Overview - Sable Offshore Corp. is an offshore oil and gas operations company based in Houston, Texas [1]. - The company is publicly traded on the New York Stock Exchange under the ticker symbol SOC [1]. Group 2: Legal Proceedings - A class action lawsuit has been filed against Sable, claiming that the company falsely stated that oil production off California's coast had resumed when it had not [3]. - Investors who purchased Sable securities between May 19, 2025, and June 3, 2025, are eligible to seek appointment as lead plaintiff representative by September 26, 2025 [2]. Group 3: Impact on Investors - The revelation of the true state of Sable's operations led to a decline in share prices, resulting in losses for investors [3].
RCKT DEADLINE REMINDER: Berger Montague Reminds Rocket Pharmaceuticals (NASDAQ: RCKT) Investors of Important Class Action Lawsuit Deadline
Prnewswire· 2025-07-29 21:06
Core Viewpoint - Rocket Pharmaceuticals is facing a class action lawsuit for allegedly concealing safety concerns related to its RP-A501 trial, which has resulted in significant investor losses [1][2]. Company Overview - Rocket Pharmaceuticals is based in Cranbury, New Jersey, and focuses on research and clinical programs in genetic medicine [2]. Legal Issues - The lawsuit claims that Rocket Pharmaceuticals failed to disclose the introduction of a new immunomodulatory agent in the RP-A501 protocol before a patient experienced a fatal adverse event [2]. - Following the announcement of an FDA clinical hold, Rocket Pharmaceuticals' stock price declined nearly 37% over two trading days [2]. Class Action Details - Individuals who purchased Rocket Pharmaceuticals securities from September 17, 2024, to May 26, 2025, may be eligible to join the class action [3]. - The deadline to file for lead plaintiff status is August 11, 2025 [3].
Berger Montague PC Investigating Claims on Behalf of Sable Offshore Corp. (NYSE: SOC) Investors After Class Action Filing
GlobeNewswire News Room· 2025-07-29 18:15
Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corp. for allegedly making false statements regarding its oil production status, which misled investors and inflated stock prices [1][3]. Company Overview - Sable Offshore Corp. is headquartered in Houston and operates in offshore oil and gas [3]. Legal Action Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who acquired Sable securities between May 19, 2025, and June 3, 2025, including during the Company's secondary public offering in May 2025 [1][2]. - Investors are encouraged to seek appointment as lead plaintiff representatives by the deadline of September 26, 2025 [2]. Allegations - The complaint alleges that Sable misrepresented the status of its oil production, claiming it had restarted operations off the coast of California when it had not, leading to an artificial inflation of the stock price [3].
Berger Montague PC Investigating Claims on Behalf of Fiserv, Inc. (NYSE: FI) Investors After Class Action Filing
Prnewswire· 2025-07-28 12:21
Core Viewpoint - Berger Montague PC is investigating potential claims against Fiserv, Inc. related to alleged securities law violations following a class action lawsuit filed against the company and its senior executives [1][3]. Group 1: Legal Investigation - The investigation is prompted by a securities class action lawsuit on behalf of investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025 [1][2]. - Investors have until September 22, 2025, to seek appointment as lead plaintiff representative of the class [2][4]. Group 2: Allegations Against Fiserv - The lawsuit alleges that Fiserv and certain executives overstated the company's growth by failing to disclose that its new payment platform, Clover, was experiencing increased revenue growth and gross payment volumes due to the forced transition of merchants from the legacy Payeezy platform [3].