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Bath & Body Works, Inc. Stockholders Who Lost Money Investing in BBWI Should Contact Robbins LLP for Information About Their Rights
Prnewswire· 2026-01-24 00:31
Core Viewpoint - A class action has been filed against Bath & Body Works, Inc. for allegedly misleading investors regarding its business strategy and financial performance during a specified period [1][2]. Allegations - The complaint alleges that Bath & Body Works did not disclose that its strategy of pursuing "adjacencies, collaborations and promotions" was failing to grow its customer base and was not delivering the expected growth in net sales [2] - It is claimed that the company relied on brand collaborations to mask weak financial results as its strategy faltered [2] - The company is accused of being unlikely to meet its previously issued financial guidance due to these issues [2] Financial Performance - On November 20, 2025, Bath & Body Works reported disappointing third-quarter results, with revenue declining by 1% year over year, missing the guidance of 1-3% growth [3] - Net income fell by 26% to $77 million, and the company reduced its full-year guidance for net sales and earnings per diluted share from $3.28 to "at least $2.83" [3] - The company acknowledged that its previous strategy had not grown its total customer base and admitted to an over-reliance on promotions to drive growth [3] Stock Market Reaction - Following the announcement of the disappointing financial results and strategic changes, Bath & Body Works' stock price dropped by $5.22, or 24.8%, closing at $15.82 per share on November 20, 2025 [4]
SDM Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Against Smart Digital Group Limited
Globenewswire· 2026-01-23 19:10
Core Viewpoint - A class action has been filed against Smart Digital Group Limited (SDM) due to allegations of market manipulation and fraudulent promotion schemes that affected the company's stock price and trading status [1][2]. Group 1: Allegations and Issues - The complaint alleges that SDM was involved in a market manipulation scheme that included misinformation on social media and impersonators posing as financial professionals [2]. - Insiders allegedly used offshore accounts to facilitate the coordinated dumping of shares during a price inflation campaign, which was not disclosed to investors [2]. - SDM's public statements failed to mention the risks of fraudulent trading or market manipulation, which contributed to the unique risk of trading suspension by the SEC and NASDAQ [2]. Group 2: Stock Price Impact - On September 26, 2025, SDM's stock price collapsed by 86.4%, closing at $1.85 per share after an intraday halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations that aimed to artificially inflate the stock price [3]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information, and trading remains suspended at the time of the filing [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against SDM, with a deadline to submit papers to serve as lead plaintiff by March 16, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
CPNG Stockholders Who Lost Money Investing in Coupang, Inc. Should Contact Robbins LLP for Information About Their Rights
Prnewswire· 2026-01-21 20:40
Core Viewpoint - A class action has been filed against Coupang, Inc. for failing to disclose a significant cybersecurity event that impacted the company, leading to a decline in stock price and harming investors [1][2]. Group 1: Allegations - Coupang allegedly had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection [2]. - The company is accused of not reporting the data breach in compliance with applicable reporting rules to the U.S. Securities and Exchange Commission [2]. - The failure to disclose these issues subjected Coupang to increased regulatory and legal scrutiny [2]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Coupang and can contact Robbins LLP if they wish to serve as lead plaintiff [3]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [3]. Group 3: Company Background - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services in retail, restaurant delivery, video streaming, and fintech under various brands [1].
Shareholder Rights Law Firm Robbins LLP Urges Fermi Inc. Stockholders to Seek Information About Their Rights Against FRMI
Businesswire· 2026-01-20 21:43
Core Viewpoint - Robbins LLP is investigating allegations that Fermi Inc. misled investors regarding its business prospects, particularly related to its Project Matador campus [2]. Group 1: Allegations and Misleading Information - Fermi Inc. allegedly overstated tenant demand for its Project Matador campus [2]. - The company did not disclose the reliance on a single tenant's funding commitment for financing the construction of Project Matador [2]. - There was a significant risk that the tenant could terminate its funding commitment, which was not communicated to investors [2]. Group 2: Impact on Stock Price - On December 12, 2025, Fermi revealed that the first tenant for Project Matador had terminated its $150 million funding agreement, leading to a stock price drop of $5.16 per share, or 33.8%, closing at $10.09 [3]. - By the time of the class action announcement, Fermi's stock had traded as low as $8.59 per share, representing a 59% decline from the IPO price of $21.00 per share [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against Fermi Inc., with a deadline to submit papers to the court by March 6, 2026, for those wishing to serve as lead plaintiff [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].
CRWV Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the CoreWeave, Inc. Class Action Lawsuit
Globenewswire· 2026-01-16 23:43
Core Points - A class action has been filed against CoreWeave, Inc. (NASDAQ: CRWV) on behalf of investors who acquired its securities between March 28, 2025, and December 15, 2025 [1] - CoreWeave is characterized as an AI cloud computing company and a "Hyperscaler," which indicates its capability to deliver large-scale computing infrastructure and services [1] Allegations - The complaint alleges that CoreWeave misled investors by overstating its ability to meet customer demand [2] - It is claimed that the company materially understated the risks associated with its reliance on a single third-party data center supplier, which could negatively impact its revenue [2] Stock Performance - Following disclosures that revealed the truth about the company's operations, CoreWeave's stock price fell from a high of $183.58 on June 20, 2025, to $69.50 per share by December 16, 2025 [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by March 13, 2026, but participation is not required to be eligible for recovery [4] Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [5]
SDM Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Smart Digital Group Limited Securities Class Action
Prnewswire· 2026-01-15 01:52
Core Viewpoint - A class action has been filed against Smart Digital Group Limited (NASDAQ: SDM) on behalf of investors who acquired its securities between May 5, 2025, and September 26, 2025, due to allegations of market manipulation and fraudulent promotion schemes [1][2]. Allegations - The complaint alleges that insiders facilitated a market manipulation scheme involving misinformation on social media and impersonators posing as financial professionals [2]. - It is claimed that insiders used offshore or nominee accounts to coordinate the dumping of shares during a price inflation campaign [2]. - SDM's public statements and risk disclosures reportedly omitted any mention of the risks associated with fraudulent trading or market manipulation that could affect the company's stock price [2]. - As a result of these actions, SDM securities faced a unique risk of suspension in trading by the SEC and NASDAQ [2]. Stock Price Collapse - On September 26, 2025, SDM's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, citing potential manipulation through social media recommendations designed to artificially inflate the stock price [3]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Smart Digital Group Limited, with a deadline to submit papers to serve as lead plaintiff by March 16, 2026 [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4].
Robbins LLP Urges F5, Inc. Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Prnewswire· 2026-01-15 00:53
Core Viewpoint - A class action has been filed against F5, Inc. for allegedly misleading investors regarding the financial impact of a significant security breach that affected the company's operations and stock performance [1][2]. Group 1: Allegations and Security Breach - Robbins LLP is investigating allegations that F5, Inc. misled investors about its ability to secure client data amid a major security breach [2]. - The breach involved the compromise of F5's BIG-IP product development and engineering knowledge management platforms, including the source code [3]. Group 2: Stock Performance Impact - Following the announcement of the security breach on October 15, 2025, F5's stock price fell from $343.17 per share to $295.35 per share, a decline of approximately 13.9% within two days [3]. - On October 27, 2025, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, attributing this to the security breach [4]. - After the fiscal results announcement, F5's stock price dropped from $290.41 per share to $258.76 per share, representing an additional decline of 10.9% in two days [4].
CRWV Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against CoreWeave, Inc.
Prnewswire· 2026-01-14 22:39
Core Points - A class action has been filed against CoreWeave, Inc. (NASDAQ: CRWV) on behalf of investors who acquired its securities between March 28, 2025, and December 15, 2025, alleging misleading statements regarding the company's capabilities [1] - The allegations include that CoreWeave overstated its ability to meet customer demand, understated risks associated with reliance on a single third-party data center supplier, and that these factors were likely to negatively impact revenue [2] - Following disclosures that revealed the truth about the company's situation, CoreWeave's stock price fell from a high of $183.58 on June 20, 2025, to $69.50 per share by December 16, 2025 [3] Legal Proceedings - Shareholders interested in serving as lead plaintiff must submit their papers by March 13, 2026, and participation in the case is not required to be eligible for recovery [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]
Robbins LLP Reminds Jayud Global Logistics Limited Stockholders About the January 20, 2026 Lead Plaintiff Deadline in the JYD Class Action – Contact the firm today for information about your rights
Globenewswire· 2026-01-14 19:28
Core Viewpoint - Jayud Global Logistics Limited is facing a class action lawsuit due to allegations of engaging in a fraudulent stock promotion scheme during the class period from April 21, 2023, to April 30, 2025 [2]. Allegations - The complaint states that Jayud failed to disclose involvement in a fraudulent stock promotion scheme that utilized social media misinformation and impersonated financial professionals [3]. - Insiders and/or affiliates allegedly used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [3]. - Jayud's public statements and risk disclosures reportedly omitted any mention of false rumors and artificial trading activity that influenced the stock price [3]. Stock Price Movement - In the weeks leading up to April 2025, Jayud's share price increased from approximately $1.00 to an all-time high of around $8.00 per share, despite a lack of fundamental news to justify this surge [4]. - Investigations revealed that Jayud was involved in a "pump-and-dump" promotion scheme, where impersonators promoted the company in online forums and social media with sensational but unfounded claims [4].
Investor Notice: Robbins LLP Informs Investors of the CoreWeave, Inc. Securities Class Action
Businesswire· 2026-01-13 17:40
Core Points - A class action has been filed against CoreWeave, Inc. (NASDAQ: CRWV) on behalf of investors who purchased its securities between March 28, 2025, and December 15, 2025, alleging that the company misled investors regarding its ability to meet customer demand [1][2] - The allegations include that CoreWeave overstated its capacity to meet customer demand, materially understated risks associated with reliance on a single third-party data center supplier, and that these issues were likely to negatively impact the company's revenue [2] - Following disclosures that revealed the truth about these allegations, CoreWeave's stock price fell from a high of $183.58 on June 20, 2025, to $69.50 per share by December 16, 2025 [3] Legal Proceedings - Shareholders interested in participating in the class action can contact Robbins LLP, with the option to serve as lead plaintiff, representing other class members in the litigation [4] - Participation in the case is not required to be eligible for recovery, and shareholders can choose to remain absent class members [4] Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance since its establishment in 2002 [5]