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RC IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Ready Capital Corporation Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – RC
GlobeNewswire News Room· 2025-04-28 00:37
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ready Capital Corporation common stock during the specified Class Period of the upcoming lead plaintiff deadline on May 5, 2025 [1]. Group 1: Class Action Details - Investors who bought Ready Capital securities between November 7, 2024, and March 2, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 5, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Ready Capital - The lawsuit alleges that during the Class Period, Ready Capital made false and misleading statements regarding significant non-performing loans in its commercial real estate portfolio, which were not likely to be collectible [5]. - It is claimed that Ready Capital would fully reserve these problem loans to stabilize its portfolio, which was not accurately reflected in its expected credit loss or valuation allowances [5]. - As a result of these issues, Ready Capital's financial results were adversely affected, and the positive statements made by the defendants about the company's business and prospects were materially misleading [5].
FLNC FINAL DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLNC
GlobeNewswire News Room· 2025-04-27 22:25
Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and failures to disclose important information during the class period from November 29, 2023, to February 10, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluence common stock during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 12, 2025 [3]. - The lawsuit alleges that Fluence made false and misleading statements regarding its relationships with Siemens AG and The AES Corporation, which were expected to decline, and that these misrepresentations inflated Fluence's margins and revenue growth [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].
TFII FINAL DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages TFI International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TFII
GlobeNewswire News Room· 2025-04-27 21:12
Core Viewpoint - Rosen Law Firm is reminding investors who purchased TFI International Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 13, 2025, for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased TFI International securities between April 26, 2024, and February 19, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by May 13, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, TFI International made false or misleading statements and failed to disclose significant issues, including the loss of small and medium business customers and declining revenue in its TForce Freight segment [5]. - It is claimed that TFI International faced difficulties in managing costs, leading to a decline in profitability for its largest business segment, which rendered the company's positive statements materially misleading [5].
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages BigBear.ai Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BBAI
GlobeNewswire News Room· 2025-04-27 20:12
Core Points - Rosen Law Firm is reminding purchasers of BigBear.ai Holdings, Inc. securities of the June 10, 2025 lead plaintiff deadline for a class action lawsuit [1][3] - Investors who purchased BigBear.ai securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] Company Details - The lawsuit alleges that BigBear.ai made false and misleading statements and failed to disclose deficiencies in accounting review policies related to complex transactions [5] - Specific allegations include improper accounting for the 2026 Convertible Notes and the likelihood of needing to restate previously issued financial statements [5] - The lawsuit claims that these inaccuracies in financial statements increased the risk of delays in filing reports with the SEC, leading to material misstatements [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4] - Rosen Law Firm has a history of significant settlements and has been recognized for its performance in securities class action litigation [4]
MOV Investor News: Rosen Law Firm Encourages Movado Group, Inc. Investors to Inquire About Securities Class Action Investigation - MOV
Prnewswire· 2025-04-26 03:39
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Movado Group, Inc. due to allegations of materially misleading business information issued by the company [1] Group 1: Allegations and Company Response - On April 11, 2025, Movado disclosed allegations of misconduct within its Dubai branch, related to sales practices in the Middle East, India, and Asia Pacific [3] - The company identified actions taken by the former managing director and certain employees that resulted in an overstatement of sales, premature recognition of sales, and underreporting of credit notes owed to customers [3] - Movado's financial statements dating back to 2022 will require restatements to accurately reflect sales and credits, indicating ineffective internal controls over financial reporting [3] Group 2: Stock Market Reaction - Following the news of the allegations, Movado's stock price fell to $13.56 per share, marking a 1.81% decrease from the previous closing price of $13.81 [3] Group 3: Legal Action and Investor Rights - Investors who purchased Movado Group securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses and encourages affected investors to join the action [2]
Backblaze Investor News: Rosen Law Firm Encourages Backblaze, Inc. Investors to Inquire About Securities Class Action Investigation - BLZE
Prnewswire· 2025-04-25 19:40
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Backblaze, Inc. due to allegations of materially misleading business information issued by the company [1] Group 1: Investigation and Allegations - The investigation is prompted by a report from Morpheus Research that accused Backblaze of financial missteps and questionable accounting practices since its IPO in November 2021 [3] - The Morpheus Research report led to a significant drop in Backblaze's stock price, which fell by 2.1% on April 24, 2025 [3] Group 2: Class Action Details - Shareholders who purchased Backblaze securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4]
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Maravai Lifesciences Holdings, Inc. Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – MRVI
GlobeNewswire News Room· 2025-04-23 22:50
DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Maravai lacked adequate internal controls over financial reporting related to revenue recognition; (2) as a result, Maravai inaccurately recognized revenue on certain transactions during fiscal 2024; (3) its goodwill was overstated; and (4) as a result of the foregoing, defendants' positive statements about Maravai's business, operations, and prospect ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Solaris Energy Infrastructure, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SEI
GlobeNewswire News Room· 2025-04-23 22:20
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Solaris Energy Infrastructure, Inc. (NYSE: SEI) between July 9, 2024 and March 17, 2025, both dates inclusive (the “Class Period”), of the important May 27, 2025 lead plaintiff deadline. SO WHAT: If you purchased Solaris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Zynex, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ZYXI
GlobeNewswire News Room· 2025-04-23 16:27
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zynex, Inc. (NASDAQ: ZYXI) between March 13, 2023 and March 11, 2025, both dates inclusive (the “Class Period”), of the important May 19, 2025 lead plaintiff deadline. SO WHAT: If you purchased Zynex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NE ...
SWKS DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Skyworks Solutions, Inc. Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – SWKS
GlobeNewswire News Room· 2025-04-22 18:26
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Skyworks Solutions, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Skyworks securities is from July 30, 2024, to February 5, 2025, inclusive [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 5, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Skyworks' management provided misleading information regarding the company's expected revenue and growth potential, particularly in relation to its mobile business and technology investments [4]. - It is claimed that the management oversold the company's relationship with Apple, its largest customer, and its ability to leverage AI in the smartphone upgrade cycle [4]. - The lawsuit asserts that when the true state of affairs became known, investors suffered damages due to the misleading statements made by the defendants [4].