Robbins LLP
Search documents
Blue Owl Capital Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the Class Action Against OWL
Prnewswire· 2025-12-15 22:10
Group 1 - A class action has been filed on behalf of investors in Blue Owl Capital Inc. (NYSE: OWL) [1] - The class period for the allegations is from February 6, 2025, to November 16, 2025 [2] - Allegations include that Blue Owl misled investors regarding its business prospects, specifically about asset base pressure from BDC redemptions and undisclosed liquidity issues [2] Group 2 - The complaint states that Blue Owl was likely to limit or halt redemptions of certain BDCs due to these undisclosed issues [2] - Positive statements made by the defendants about the company's business and operations were deemed materially misleading [2] - Following the revelation of the truth, Blue Owl's stock price fell, negatively impacting investors [2] Group 3 - Shareholders wishing to serve as lead plaintiff must submit their papers to the court by February 2, 2026 [3] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [4]
FUN Stockholders With Large Losses Can Lead the Six Flags Entertainment Corporation Class Action Lawsuit – Contact Robbins LLP for Information
Globenewswire· 2025-12-08 18:56
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation, alleging that the company made false and misleading statements regarding its merger with Cedar Fair, L.P. and the financial health of Legacy Six Flags prior to the merger [1][3]. Group 1: Merger Details - The merger between Legacy Six Flags and Cedar Fair was approved by shareholders on March 12, 2024, and officially closed on July 1, 2024 [3]. - Following the merger, the new entity was named CopperSteel HoldCo, Inc., which later changed its name to Six Flags and began trading on the NYSE under the ticker symbol "FUN" [3]. Group 2: Allegations - The lawsuit claims that Legacy Six Flags had significantly underinvested in its parks and operations, neglecting essential maintenance and improvements for several years before the merger [3]. - It is alleged that Legacy Six Flags required millions of dollars in undisclosed capital and operational expenditures to maintain or grow its market share in the competitive amusement park industry [3]. - The complaint states that the financial projections presented to investors were unrealistic and not based on the actual conditions of the company at the time of the merger [3]. Group 3: Stock Performance - On the merger closing date, Six Flags stock was trading above $55 per share, but it subsequently plummeted to as low as $20 per share, representing a nearly 64% decline [4].
INSP Stockholders With Large Losses Can Lead the Inspire Medical Systems, Inc. Class Action – Contact Robbins LLP for Information Today
Globenewswire· 2025-12-08 18:06
Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit due to alleged misleading statements regarding the launch and performance of its Inspire V Device, which has resulted in significant financial losses for investors [1][3][5]. Company Overview - Inspire Medical Systems, Inc. is a medical technology company that develops and manufactures an implantable device for treating obstructive sleep apnea, known as the Inspire V Device [1][3]. Allegations and Issues - The lawsuit claims that the company misled investors about the Inspire V Device's launch, which was described as groundbreaking but ultimately faced poor demand and significant operational failures [3][4]. - Key failures included inadequate training for treatment centers, lack of essential IT systems, and unpreparedness for insurance claims processing, which were critical for a successful product launch [4]. Financial Impact - On August 4, 2025, the company announced a drastic reduction in its 2025 earnings guidance by over 80%, leading to a stock price drop of $42.04 per share (over 32%) in one day, erasing $1.2 billion in market capitalization [5]. - From a high of $216.71 per share on September 23, 2024, the stock price plummeted by $127.00 per share (nearly 60%), resulting in billions of dollars lost in market capitalization [5].
Investor Notice: Robbins LLP Informs Investors of the Bitdeer Technologies Group Securities Class Action
Prnewswire· 2025-12-06 04:17
Core Insights - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors about its business prospects and the development of its SEALMINER A4 machine [1][2] Allegations - The complaint claims that Bitdeer misrepresented its progress on the SEAL04 ASIC chip technology, which was expected to enhance energy efficiency and increase revenue through self-mining and external sales in fiscal year 2025 [2] - It is alleged that the company faced issues with the SEAL04 chip design, leading to delays in production and a dual-track approach to ensure mass production [2] Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to R&D of its ASIC roadmap [3] - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, from $17.65 per share to $15.02 per share [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by February 2, 2026, but participation is not required to be eligible for recovery [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 2002 [5]
Sprouts Farmers Market, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the SFM Class Action
Globenewswire· 2025-12-05 22:52
Core Viewpoint - A class action has been filed against Sprouts Farmers Market, Inc. for allegedly misleading investors about its growth potential during the class period from June 4, 2025, to October 29, 2025 [1]. Allegations - The complaint states that the defendants provided misleading information regarding Sprouts' growth potential for fiscal year 2025, claiming confidence in the customer base's resilience to macroeconomic pressures while concealing adverse facts about a potential slowdown in sales growth due to a more cautious consumer [3]. Financial Performance - On October 29, 2025, Sprouts announced disappointing third-quarter results, with comparable store growth falling below expectations. The company also lowered its fourth-quarter guidance and full-year estimates, attributing these results to challenging year-on-year comparisons and signs of a softening consumer. Following this announcement, Sprouts' stock price dropped from $104.55 per share to $77.25 per share, a decline of approximately 26.11% [4].
OWL Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Blue Owl Capital Inc.
Globenewswire· 2025-12-05 22:51
Core Viewpoint - A class action lawsuit has been filed against Blue Owl Capital Inc. for allegedly misleading investors about its business prospects during a specified period [1][2]. Group 1: Allegations and Issues - The lawsuit claims that Blue Owl failed to disclose significant pressures on its asset base due to Business Development Company (BDC) redemptions [2]. - It is alleged that the company faced undisclosed liquidity issues as a result of these pressures [2]. - The complaint states that Blue Owl was likely to limit or halt redemptions of certain BDCs, which was not communicated to investors [2]. - Positive statements made by the company regarding its business operations and prospects were deemed materially misleading [2]. Group 2: Legal Proceedings - Shareholders who purchased Blue Owl securities between February 6, 2025, and November 16, 2025, may be eligible to participate in the class action [1][3]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiff, representing the interests of other class members [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3]. Group 3: Company Background - Blue Owl Capital Inc. is an asset management firm that specializes in alternative investment solutions, primarily in private credit [1]. - Robbins LLP is recognized for its work in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance [4].
Investor Notice: Robbins LLP Informs Investors of the Blue Owl Capital Inc. Securities Class Action
Prnewswire· 2025-12-04 19:56
Group 1 - A class action has been filed against Blue Owl Capital Inc. on behalf of investors who acquired its securities between February 6, 2025, and November 16, 2025 [1] - The allegations include that Blue Owl misled investors about its business prospects, specifically regarding pressure on its asset base from BDC redemptions and undisclosed liquidity issues [2] - The complaint states that due to these undisclosed issues, the company was likely to limit or halt redemptions of certain BDCs, which rendered positive statements about its business materially misleading [2] Group 2 - When the truth about the company's situation was revealed, Blue Owl's stock price fell, negatively impacting investors [2] - Shareholders interested in participating in the class action can contact Robbins LLP to serve as lead plaintiff, but participation is not required for recovery [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4]
PRGO Class Action Reminder: Perrigo Company Stockholders Should Contact Robbins LLP for Information About Leading the Class Action Against PRGO
Globenewswire· 2025-12-04 19:25
Core Viewpoint - Perrigo Company is facing a class action lawsuit due to allegations of misleading investors about the value of its infant formula business, which has resulted in significant financial repercussions for the company [1][3]. Summary by Sections Company Overview - Perrigo Company (NYSE: PRGO) provides over-the-counter health and wellness solutions in the U.S., Europe, and internationally [1]. Class Action Details - The class period for the lawsuit is from February 27, 2024, to November 4, 2025 [1]. - The lawsuit was filed on behalf of all investors who acquired Perrigo securities during the class period [1]. Allegations - The complaint alleges that Perrigo failed to disclose several critical issues regarding its infant formula business: 1. Significant underinvestment in maintenance, operational improvements, and repairs [3]. 2. The need for substantial capital and operational expenditures beyond previously stated cost estimates to remediate the business [3]. 3. Significant manufacturing deficiencies in the infant formula facility [3]. 4. Overstated financial results, including earnings and cash flow, due to the above issues [3]. Financial Impact - On November 5, 2025, Perrigo announced disappointing financial results for Q3 2025, leading to a reduction in its fiscal year 2025 outlook primarily due to dynamics in the infant formula industry [4]. - The company is initiating a strategic review of its infant formula business and reassessing a previously announced investment of $240 million in this area [4]. - Following this announcement, Perrigo's stock price fell by $5.09, or 25.2%, closing at $15.10 per share on November 5, 2025 [4].
SKYE Class Action Reminder: Skye Bioscience, Inc. Stockholders Should Contact Robbins LLP for Information About the Securities Class Action Lawsuit
Prnewswire· 2025-12-02 20:40
Company Overview - Skye Bioscience, Inc. is a clinical stage biopharmaceutical company focused on developing molecules that modulate G protein-coupled receptors (GPCRs) to treat obesity, overweight, and metabolic diseases. The lead product candidate is nimacimab [1]. Class Action Details - A class action was filed on behalf of investors who purchased or acquired Skye securities during the class period from November 4, 2024, to October 3, 2025, due to alleged misleading information regarding the viability of nimacimab [1]. - The allegations include that Skye failed to disclose that nimacimab was less effective than represented and that its clinical, regulatory, and commercial prospects were overstated [2]. Recent Developments - On October 6, 2025, Skye announced topline data from its 26-week Phase 2a CBeyond proof-of-concept study of nimacimab, revealing that the monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo. Additionally, preliminary pharmacokinetic analysis indicated lower than expected drug exposure, suggesting a potential need for higher dosing [3]. - Following this announcement, Skye's stock price fell by $2.85 per share, or 60%, closing at $1.90 per share on the same day [3].
WPP Stockholders: Robbins LLP Reminds Investors of the Pending Class Action Lawsuit Against WPP plc
Prnewswire· 2025-12-02 20:33
Core Viewpoint - A class action lawsuit has been filed against WPP plc, alleging that the company misled investors about its business prospects during the class period from February 22, 2024, to July 8, 2025 [1]. Allegations - The complaint states that WPP failed to disclose a lack of coherent strategy for the simplification and transformation of WPP Media, which led to significant internal disruptions [2]. - These internal disruptions hindered WPP's ability to generate new business and resulted in the loss of large clients [2]. Performance Update - On July 9, 2025, WPP reported a deterioration in performance for the second quarter, attributing it to restructuring actions that caused distractions and a deficit of new business opportunities [3]. - Following this announcement, WPP's stock price fell from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking a decline of approximately 18.1% [3]. Next Steps for Shareholders - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by December 8, 2025 [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4].