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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in NuScale Power Corporation of Class Action Lawsuit and Upcoming Deadlines – SMR
Globenewswire· 2026-02-24 21:47
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against NuScale Power Corporation (“NuScale” or the “Company”) (NYSE: SMR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether NuScale and certain of i ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hub Group, Inc. - HUBG
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Hub Group, Inc. following the announcement of a financial restatement due to accounting errors [1] Financial Impact - Hub Group announced it would restate its financial statements for the first three quarters of 2025, resulting in a total reduction of $77 million in accounts payable and purchased transportation costs [1] - The company has delayed its full earnings release and is assessing the potential impact on its financial statements for 2023 and 2024, suggesting that the accounting errors may extend beyond 2025 [1] Stock Market Reaction - Following the announcement of the financial restatement, Hub Group's stock price fell by $9.37 per share, or 18.25%, closing at $41.96 per share on February 6, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ralliant Corporation - RAL
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating claims on behalf of investors of Ralliant Corporation regarding potential securities fraud or unlawful business practices following a significant financial impairment announcement [1] Financial Results - On February 4, 2026, Ralliant reported a $1.4 billion non-cash goodwill impairment in its Test & Measurement segment, linked to its acquisition of EA Elektro-Automatik [1] - The impairment was attributed to revised long-term expectations for the EA business and a reduction in industry forecasts for future electric vehicle (EV) adoption [1] Stock Market Reaction - Following the announcement of the impairment, Ralliant's stock price dropped by $17.89 per share, representing a decline of 31.79%, closing at $38.39 per share on February 5, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ostin Technology Group Co., Ltd. of Class Action Lawsuit and Upcoming Deadlines - OST
Prnewswire· 2026-02-20 01:06
Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. for alleged securities fraud, resulting in significant investor losses exceeding $950 million in market capitalization [1]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Ostin and certain officers and/or directors engaged in unlawful business practices [1]. - Investors have until April 17, 2026, to request to be appointed as Lead Plaintiff if they purchased Ostin securities during the Class Period [1]. Group 2: Allegations and Financial Impact - The complaint alleges that from around December 2024, Ostin and its co-conspirators engaged in a securities fraud scheme that inflated the company's market capitalization from approximately $22 million to over $1 billion [1]. - On June 26, 2025, Ostin investors faced substantial losses as the stock price fell from an intraday high of $9.40 to a closing price of $0.55, resulting in a loss of over 94% of the company's market capitalization in a single day [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gemini Space Station, Inc. - GEMI
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices involving Gemini Space Station, Inc. following the departure of key executives and a significant drop in stock price [1] Group 1: Company Overview - Gemini Space Station, Inc. (NASDAQ: GEMI) conducted its initial public offering on September 12, 2025, selling 15,937,501 shares of Class A common stock at a price of $28.00 per share [1] - The company announced the departure of Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade, effective February 17, 2026 [1] Group 2: Stock Performance - Following the announcement of executive departures, Gemini's stock price fell by $0.975 per share, representing a decline of 12.9%, closing at $6.585 per share on February 17, 2026 [1] Group 3: Legal Investigation - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, and is currently investigating claims on behalf of Gemini's investors [1] - The firm has a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY
Prnewswire· 2026-02-20 01:04
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of KDDI Corporation ("KDDI" or the "Company") (OTCMKTS: KDDIY). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether KDDI and certain of its officers and/or directors have engage ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EverCommerce Inc. - EVCM
Prnewswire· 2026-02-20 01:04
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EverCommerce Inc. - EVCM [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether EverCommerce and certain of its officers and/or direct ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Enphase Energy, Inc. and Certain Officers - ENPH
Prnewswire· 2026-02-20 00:29
Core Viewpoint - A class action lawsuit has been filed against Enphase Energy, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from April 22, 2025, to October 28, 2025, seeking damages for misleading statements regarding the company's business and financial prospects [1]. Company Overview - Enphase Energy, Inc. is a global energy technology company founded in March 2006, focusing on solar generation, storage, and communication solutions [1]. - The company partners with solar and battery financing companies to offer third-party ownership arrangements for solar and battery products to homeowners [1]. Financial Context - Enphase reported "safe harbor revenue," defined as sales made to customers planning to install its products over more than a year [1]. - The Residential Clean Energy Credit allowed homeowners to deduct 30% of costs for clean energy property installed at their homes, which was set to terminate on December 31, 2025, instead of December 31, 2032, as originally enacted [1]. Allegations in the Lawsuit - The lawsuit alleges that Enphase made materially false and misleading statements regarding its ability to manage channel inventory and mitigate the effects of the termination of the 25D Credit, leading to an overstatement of its financial and operational prospects [1]. - Specific allegations include that Enphase overstated its ability to manage inventory and its financial outlook, resulting in misleading public statements throughout the Class Period [1]. Stock Market Reaction - Following the announcement of its third-quarter financial results on October 28, 2025, Enphase's stock price fell by $5.56 per share, or 15.15%, closing at $31.14 per share on October 29, 2025, due to concerns over elevated channel inventory and the impact of the 25D Credit expiration on future revenues [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Galaxy Digital Inc. - GLXY
Globenewswire· 2026-02-17 22:14
Group 1 - Galaxy Digital Inc. is under investigation by Pomerantz LLP for potential securities fraud or unlawful business practices involving its officers and/or directors [1] - On February 3, 2026, Galaxy reported a net loss of $482 million for Q4 2025, which was below analyst expectations, primarily due to the depreciation of digital asset prices [2] - Following the financial results announcement, Galaxy's stock price dropped by $4.46 per share, or 16.87%, closing at $21.98 per share [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PennyMac Financial Services, Inc. - PFSI
Globenewswire· 2026-02-17 22:11
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by PennyMac Financial Services, Inc. and its officers or directors following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, indicating challenges in capitalizing on refinance opportunities due to increased competition in the origination market [3]. - Following the earnings report, PennyMac's stock price fell by $49.78 per share, or 33.25%, closing at $99.92 per share on January 30, 2026 [4]. Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of PennyMac investors, suggesting potential securities fraud or other unlawful practices by the company and its leadership [1].