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KBR, Inc. (NYSE: KBR) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by November 18, 2025
Prnewswire· 2025-11-13 18:27
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with HomeSafe, which led to a significant drop in KBR's stock price after the termination of a contract by the U.S. Department of Defense's TRANSCOM [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - The allegations include KBR's failure to disclose concerns from TRANSCOM about HomeSafe's ability to fulfill its obligations under the Global Household Goods Contract [3]. Group 2: Impact on Stock Price - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's shares fell by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 3: Company Background - KBR, Inc. is headquartered in Houston, Texas, and provides engineering, logistics, defense contracting, and mission-critical government services [2].
INVESTOR REMINDER: Berger Montague Notifies Cepton, Inc. (NASDAQ: CPTN) Investors of a Class Action Lawsuit and Deadline
Prnewswire· 2025-11-12 18:17
Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares during the specified Class Period, alleging undisclosed material information regarding a competing acquisition bid during the merger with Koito Manufacturing Co., Ltd. [1][3][4] Group 1: Lawsuit Details - The lawsuit claims that Cepton's senior executives failed to disclose a credible third-party acquisition bid that valued the company at more than double the price of the Koito merger proposal, which was valued at $3.17 per share [3][5]. - The Delaware Court of Chancery lawsuit indicates that Cepton's Board of Directors did not adequately explore the competing offer and did not disclose its terms when recommending the Koito transaction to shareholders [5][4]. - Investors became aware of the concealed material information after a redacted amended complaint was made public in September 2025, revealing that the proxy materials for the Koito acquisition lacked transparency [4][5]. Group 2: Company Background - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito Manufacturing Co., Ltd. in January 2025, after which its stock is no longer publicly traded [2].
Berger Montague PC Investigating Claims on Behalf of Telix Pharmaceuticals Ltd. (NASDAQ: TLX) After Class Action Filing
Prnewswire· 2025-11-12 18:03
Accessibility StatementSkip Navigation PHILADELPHIA, Nov. 12, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Telix Pharmaceuticals Ltd. (NASDAQ: TLX) ("Telix" or the "Company") on behalf of investors who purchased Telix securities during the period of February 21, 2025 through August 28, 2025 (the "Class Period"). Investor Deadline: Investors who purchased Telix securities during the Class Period may, no later than Januar ...
WEDNESDAY DEADLINE: Berger Montague Advises V.F. Corporation (NYSE: VFC) Investors to Inquire About a Securities Fraud Class Action by November 12, 2025
Prnewswire· 2025-11-10 19:11
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who acquired VFC shares between October 30, 2023, and May 20, 2025, alleging misrepresentation regarding the company's business transformation plan and its impact on financial performance [1][3]. Company Overview - V.F. Corporation is a leading global apparel and footwear company based in Denver, Colorado, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2]. Allegations - The lawsuit claims that VFC misrepresented the scope and progress of its business transformation plan, particularly failing to disclose necessary reset actions to address declining performance at the Vans brand [3]. - It is alleged that these undisclosed actions materially affected the company's financial outlook [3]. Financial Impact - On May 21, 2025, VFC reported a 20% drop in Vans revenue for the fourth quarter, compared to an 8% decline in the previous quarter, attributing the declines to internal restructuring and undisclosed revenue reductions [4]. - VFC acknowledged that even without these measures, Vans would have experienced a high single-digit revenue decline [4]. - Following the announcement, VFC's stock price fell sharply by 15.8%, from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025 [4].
Berger Montague PC Investigating Claims on Behalf of Six Flags Entertainment Corp. (NYSE: FUN) Investors After Class Action Filing
Prnewswire· 2025-11-07 20:44
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who purchased shares during the specified class period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational status, highlighting a history of underinvestment in its parks [3]. - The class period for the lawsuit is defined as July 1, 2024, through November 5, 2025, with a deadline for investors to seek lead plaintiff status by January 5, 2026 [2]. Group 2: Stock Performance - Following the merger's closing on July 1, 2024, Six Flags' stock price dropped significantly from over $55 per share to as low as $20, representing a decline of nearly 64% [4].
Berger Montague PC Investigates Akero Therapeutics, Inc. and Its Board of Directors for Breach of Fiduciary Duties and Violations of Federal Securities Laws (NASDAQ: AKRO)
Prnewswire· 2025-10-29 22:06
Core Points - An investigation is underway regarding Akero Therapeutics, Inc. and its Board of Directors for potential breaches of fiduciary duties and violations of federal securities laws [1] - The investigation is linked to a proposed merger with Novo Nordisk A/S, where Akero shareholders would receive $54.00 per share in cash and a Contingent Value Right worth an additional $6.00 per share if Akero's lead product candidate, efruxifermin, receives regulatory approval by June 30, 2031 [2] Company Overview - Akero Therapeutics, Inc. is a clinical stage biopharmaceutical company based in San Francisco, focusing on developing efruxifermin for the treatment of metabolic dysfunction-associated steatohepatitis (MASH) [2]
DEADLINE APPROACHING: Berger Montague Advises V.F. Corporation (NYSE: VFC) Investors to Inquire About a Securities Fraud Class Action by November 12, 2025
Prnewswire· 2025-10-29 22:06
Core Points - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who purchased shares between October 30, 2023, and May 20, 2025 [1][2] - The lawsuit claims that VFC misled investors regarding the effectiveness of its turnaround plan, particularly for the Vans brand, failing to disclose necessary restructuring steps that were already in progress [3][4] - Following a report of a 20% decline in Vans revenue for Q4 fiscal 2025, VFC's stock price dropped over 15% in a single day, indicating significant investor concern [4] Company Overview - V.F. Corporation, headquartered in Denver, Colorado, is a global leader in branded lifestyle apparel, footwear, and accessories, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2] Financial Performance - In Q4 fiscal 2025, Vans revenue declined by 20%, worsening from an 8% decline in the previous quarter, attributed to undisclosed internal cost-cutting and restructuring actions [4] - VFC indicated that even without these restructuring measures, Vans would have experienced a high single-digit revenue decline, raising concerns about deeper issues within the brand [4]
CLASS ACTION NOTICE: Berger Montague Advises Cepton, Inc. (NASDAQ: CPTN) Investors to Inquire About a Securities Fraud Class Action
Prnewswire· 2025-10-28 20:35
Core Points - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025 [1][2] - Cepton, a technology company specializing in lidar solutions, was acquired by Koito Manufacturing Co., Ltd. in January 2025, and its stock is no longer publicly traded [2] - The lawsuit alleges that Cepton misrepresented and omitted critical information regarding a competing merger proposal that valued the company at more than double the price offered by Koito [3] - It is claimed that Cepton's CEO had personal financial conflicts that improperly influenced the Board's decision to accept the Koito deal [4] Company Information - Cepton, Inc. is based in San Jose, California, and focuses on developing lidar solutions for automotive and smart infrastructure applications [2] - The company is no longer publicly traded following its acquisition by Koito Manufacturing Co., Ltd. [2] Legal Context - Investors who traded Cepton securities during the specified class period have until December 8, 2025, to seek appointment as lead plaintiff [2] - The lawsuit references documents from a pending case in Delaware that highlight the alleged failure of Cepton's Board to evaluate a competing offer [3]
Berger Montague PC Investigating Claims on Behalf of James Hardie Industries plc (NYSE: JHX) Investors After Class Action Filing
Prnewswire· 2025-10-28 20:06
Core Points - A class action lawsuit has been filed against James Hardie Industries plc on behalf of investors who purchased its common stock or American Depositary Shares between May 20, 2025, and August 18, 2025 [1][2] - The lawsuit alleges that James Hardie misled investors regarding the strength of its North America Fiber Cement segment, claiming demand was strong while distributors were actually destocking inventory [3] - Following a 12% decline in the segment reported on August 19, 2025, attributed to "normalization of channel inventories," the company's stock price dropped over 34%, resulting in significant losses for investors [4] Company Overview - James Hardie is headquartered in Dublin, Ireland, and is recognized as the world's largest manufacturer of fiber cement products [2] Legal Context - Investors have until December 23, 2025, to seek appointment as lead plaintiff representatives in the class action [2]
Berger Montague PC Investigates KinderCare Learning Companies, Inc.'s Board of Directors for Breach of Fiduciary Duties (NYSE: KLC)
Globenewswire· 2025-10-28 16:21
Core Viewpoint - An investigation is underway regarding KinderCare Learning Companies, focusing on potential breaches of fiduciary duties by its Board of Directors towards the company and its shareholders [1] Group 1: Investigation Details - The investigation is led by Berger Montague and centers on allegations that KinderCare failed to disclose significant safety and compliance failures at its facilities [3] - Specific accusations include the omission of numerous incidents of child abuse, neglect, and harm occurring at KinderCare centers [3] Group 2: Company Background - KinderCare Learning Companies, headquartered in Portland, Oregon, operates as a national provider of early childhood education centers [2]