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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].
The Gross Law Firm Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
Prnewswire· 2025-03-27 09:45
NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC).Shareholders who purchased shares of RC 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/ready-capital-corporation-loss-submission-form/?id=138834&from=4 CLASS PERIOD: Novem ...
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]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Alarum Technologies Ltd. (ALAR) Shareholders
GlobeNewswire News Room· 2025-03-26 15:16
Core Viewpoint - The Gross Law Firm is notifying shareholders of Alarum Technologies Ltd. regarding a class action lawsuit due to alleged misleading statements made by the company during a specified class period [1][3]. Group 1: Class Action Details - Shareholders who purchased shares of Alarum Technologies (NASDAQ: ALAR) between March 14, 2024, and August 26, 2024, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][3]. - The allegations state that the company was less effective in retaining and expanding customer engagements than represented, which could impair its ability to generate consistent revenue growth [3]. - The complaint claims that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3]. Group 2: Next Steps for Shareholders - The deadline for shareholders to register for the class action is April 15, 2025, and they will be enrolled in a portfolio monitoring software for updates throughout the case [4]. - There is no cost or obligation for shareholders to participate in the case, and registration is encouraged to ensure involvement [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Newmont Corporation Class Action: The Gross Law Firm Reminds Newmont Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 – NEM
GlobeNewswire News Room· 2025-03-26 15:12
Core Points - Newmont Corporation is facing a class action lawsuit due to disappointing financial results and operational challenges reported in Q3 2024 [3][4] - The stock price of Newmont dropped significantly from $57.74 to $49.25 following the announcement of lower production and higher operating costs [3] Summary by Sections Class Action Details - Shareholders who purchased Newmont shares between February 22, 2024, and October 23, 2024, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [3][4] - The deadline for shareholders to register for the class action is April 1, 2025 [4] Financial Performance - Newmont's Q3 2024 report highlighted disappointing EBITDA, decreased production, and increased operating costs, particularly at its two Tier 1 assets [3] - The announcement led to a significant decline in stock price, indicating investor reaction to the negative news [3] Legal Representation - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [5] - Participation in the class action does not require appointment as lead plaintiff and involves no cost to shareholders [4][5]
The Gross Law Firm Notifies Grocery Outlet Holding Corp. Investors of a Class Action Lawsuit and Upcoming Deadline – GO
GlobeNewswire News Room· 2025-03-26 15:02
Core Viewpoint - Grocery Outlet Holding Corp. is facing a class action lawsuit due to significant financial underperformance and lowered guidance, which has led to a notable decline in its stock price [3][4]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from November 7, 2023, to May 7, 2024 [3]. - On May 7, 2024, Grocery Outlet announced first-quarter financial results that were significantly below expectations and reduced its guidance for the second quarter and the full fiscal year 2024 [3]. - The company cited "unforeseen systems transition costs" and "residual expense from our commission support program" as reasons for the disappointing results [3]. - Following this announcement, the stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by March 31, 2025 [4]. - Registration allows shareholders to be enrolled in a portfolio monitoring system for updates on the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Zynex, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – ZYXI
GlobeNewswire News Room· 2025-03-26 14:59
Core Viewpoint - Zynex, Inc. is facing a class action lawsuit due to allegations of issuing misleading statements and inflating revenue through improper business practices during the class period from March 13, 2023, to March 11, 2025 [3][4]. Summary by Relevant Sections Allegations - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [3] - The company's practice of filing false claims has drawn scrutiny from insurers, including the U.S. military health insurance program, Tricare [3] - As a result of these practices, Zynex is likely to face adverse consequences, including removal from insurer networks and penalties from the federal government [3] - The positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3] Class Action Details - Shareholders who purchased shares of ZYXI during the specified class period are encouraged to register for the class action [4] - The deadline to seek lead plaintiff status is May 19, 2025, and there is no cost or obligation to participate [4] Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [5] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5]
The Gross Law Firm Reminds Integral Ad Science Holding Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 – IAS
GlobeNewswire News Room· 2025-03-26 14:55
Core Viewpoint - The Gross Law Firm is notifying shareholders of Integral Ad Science Holding Corp. (NASDAQ: IAS) about a class action lawsuit due to allegations of misleading statements and undisclosed competitive pressures affecting the company's pricing strategy and revenue growth [1][3]. Group 1: Allegations and Class Period - The class period for the allegations is from March 2, 2023, to February 27, 2024 [3]. - Allegations include that IAS faced increased competitive pricing pressures, leading to price cuts to address weakening demand and slowing revenue growth [3]. - It is claimed that IAS's pricing function was no longer favorable, impacting its ability to sustain pricing and drive increases [3]. Group 2: Impact of Competition - The complaint states that pricing had become a key differentiator necessary for closing major renewals and new deals [3]. - Risks associated with competition leading to increased pricing pressure were realized, contradicting IAS's public statements [3]. Group 3: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by March 31, 2025, to participate in potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Group 4: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices, ensuring companies adhere to responsible business practices [5].
Integral Ad Science Holding Corp. Class Action: The Gross Law Firm Reminds Integral Ad Science Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 - IAS
Prnewswire· 2025-03-24 09:45
Core Viewpoint - The Gross Law Firm is notifying shareholders of Integral Ad Science Holding Corp. (NASDAQ: IAS) about a class action lawsuit due to allegations of misleading statements and competitive pricing pressures affecting the company's performance [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from March 2, 2023, to February 27, 2024 [2]. - Allegations include that IAS faced increased competitive pricing pressures, leading to price cuts to address weakening demand and slowing revenue growth [2]. - It is claimed that IAS's pricing function was no longer favorable, impacting its ability to sustain pricing and drive increases [2]. - The complaint states that pricing had become a key differentiator necessary for closing major renewals and new deals [2]. - The risks of increased pricing pressure due to competition were realized, making IAS's public statements materially false and misleading [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by March 31, 2025, to participate in potential recovery [3]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case lifecycle [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].