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Contact The Gross Law Firm by May 5, 2025 Deadline to Join Class Action Against AppLovin Corporation(APP)
Prnewswire· 2025-03-31 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of AppLovin Corporation regarding a class action lawsuit due to alleged misleading statements about the company's financial growth and advertising practices [1][2]. Summary by Sections Class Action Details - The class period for the lawsuit is from May 10, 2023, to February 25, 2025 [2]. - Allegations include that AppLovin provided investors with false information about its financial stability and growth, particularly regarding its AXON 2.0 digital ad platform and the use of AI technologies [2]. - The lawsuit claims that AppLovin engaged in dishonest advertising practices, including reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. Stock Price Impact - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 per share to $331.00 per share, reflecting a significant decline in investor confidence [2]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 5, 2025, to participate in potential recovery efforts [3]. - Registered shareholders will receive updates through a portfolio monitoring system [3]. Law Firm Background - The Gross Law Firm is recognized for its commitment to protecting investors' rights and ensuring companies adhere to ethical business practices [4].
Investors in Elastic N.V. Should Contact The Gross Law Firm Before April 14, 2025 to Discuss Your Rights - ESTC
Prnewswire· 2025-03-31 09:45
NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Elastic N.V. (NYSE: ESTC). Shareholders who purchased shares of ESTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/elastic-n-v-loss-submission-form/?id=139400&from=4 CLASS PERIOD: May 31, 2024 to August 29 ...
Contact The Gross Law Firm by April 1, 2025 Deadline to Join Class Action Against Newmont Corporation(NEM)
Prnewswire· 2025-03-31 09:45
NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Newmont Corporation (NYSE: NEM). Shareholders who purchased shares of NEM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: February 22, 2024 to October 23, 2024 ALLEGATIONS: According to the complaint, on October 23, 2024, Newmont published a press rele ...
Shareholders that lost money on Monolithic Power Systems Inc.(MPWR) should contact The Gross Law Firm about pending Class Action - MPWR
Prnewswire· 2025-03-31 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to alleged misleading statements and quality control issues affecting the company's products [1][2]. Group 1: Allegations and Issues - The class period for the allegations is from February 8, 2024, to November 8, 2024 [2]. - Allegations include that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [2]. - These defects reportedly impacted the performance of products from Monolithic's largest customer, Nvidia, and the relationship between Monolithic and Nvidia has been irreparably damaged [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action lawsuit by April 7, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [4].
Newmont Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before April 1, 2025 to Discuss Your Rights - NEM
Prnewswire· 2025-03-27 09:45
NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Newmont Corporation (NYSE: NEM).Shareholders who purchased shares of NEM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/newmont-corporation-loss-submission-form/?id=138812&from=4CLASS PERIOD: February 22, 202 ...
Investors who lost money on AppLovin Corporation(APP) should contact The Gross Law Firm about pending Class Action - APP
Prnewswire· 2025-03-27 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of AppLovin Corporation regarding a class action lawsuit due to alleged misleading statements about the company's financial growth and advertising practices [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from May 10, 2023, to February 25, 2025, during which AppLovin allegedly provided investors with misleading information about its financial stability and growth [2]. - The complaint claims that AppLovin's executives expressed confidence in the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies, while engaging in dishonest advertising practices [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell from $377.06 to $331.00 per share, indicating a significant loss for investors [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit by May 5, 2025, to potentially become lead plaintiffs and to receive updates on the case [3]. - There is no cost or obligation for shareholders to participate in the lawsuit, and they will be enrolled in a portfolio monitoring system for status updates [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 23, 2025 in Ultra Clean Holdings, Inc. Lawsuit - UCTT
Prnewswire· 2025-03-27 09:45
Core Viewpoint - The article discusses a class action lawsuit against Ultra Clean Holdings, Inc. (NASDAQ: UCTT) due to allegations of misleading statements regarding demand for its products in the Chinese market, leading to significant stock price decline following the revelation of "demand softness" [2][3]. Group 1: Allegations and Impact - The lawsuit alleges that Ultra Clean's executives provided investors with overly positive information about demand from Chinese OEMs and the domestic market, claiming increased revenue and demand without disclosing material adverse facts [2]. - On February 24, 2025, Ultra Clean reported fourth quarter and full year 2024 results, revealing "demand softness" in China, which led to a dramatic stock price drop from $36.06 to $25.90, a decline of over 28% in one day [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 6, 2024, to February 24, 2025, and shareholders are encouraged to register for potential lead plaintiff appointment [2][3]. - The deadline for shareholders to seek lead plaintiff status is May 23, 2025, and there is no cost or obligation to participate in the case [3]. Group 3: Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to deceitful practices and misleading statements by companies [4].
Shareholders that lost money on Monolithic Power Systems Inc.(MPWR) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-03-27 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to alleged misleading statements and quality control issues affecting the company's products [1][2]. Allegations - The complaint alleges that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [1]. - These defects negatively impacted the performance of products offered by Nvidia, Monolithic's largest customer [1]. - Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia [1]. - The relationship between Monolithic and Nvidia has been irreparably damaged due to these performance and quality control issues [1]. Class Action Details - The class period for the lawsuit is from February 8, 2024, to November 8, 2024 [1]. - Shareholders are encouraged to register for the class action by April 7, 2025, to potentially be appointed as lead plaintiff [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors who have suffered from deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3].
Zynex, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - ZYXI
Prnewswire· 2025-03-27 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Zynex, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from March 13, 2023, to March 11, 2025 [1] Allegations - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [1] - It is claimed that Zynex's practice of filing false claims attracted scrutiny from insurers, including the U.S. military health insurance program, Tricare [1] - The lawsuit suggests that Zynex is likely to face adverse consequences, including removal from insurer networks and penalties from the federal government [1] - The positive statements made by the defendants regarding the company's business, operations, and prospects are alleged to be materially misleading and lacking a reasonable basis [1] Next Steps for Shareholders - Shareholders who purchased shares of ZYXI during the specified timeframe are encouraged to register for the class action by May 19, 2025 [2] - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case [2] - There is no cost or obligation for shareholders to participate in this case [2] About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3] - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in e.l.f. Beauty Lawsuit - ELF
Prnewswire· 2025-03-27 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of e.l.f. Beauty, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from November 1, 2023, to November 19, 2024 [1] Allegations - The complaint alleges that e.l.f. Beauty was experiencing rising inventory levels due to declining sales, contrary to its representations to investors [1] - The company falsely attributed the rising inventory levels to changes in sourcing practices [1] - To maintain investor confidence, e.l.f. reported inflated revenue, profits, and inventory over several quarters [1] - The company's business and financial prospects were overstated, which, once revealed, would likely have a material negative impact [1] - The public statements made by the company were materially false and misleading at all relevant times [1] Class Action Details - Shareholders who purchased shares of e.l.f. Beauty during the specified class period are encouraged to register for the class action, with a deadline of May 5, 2025, to seek lead plaintiff status [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [3]