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Ultragenyx Pharmaceutical Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RARE
Prnewswire· 2026-02-27 11:10
Core Viewpoint - Ultragenyx Pharmaceutical Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding the efficacy of its drug setrusumab for treating Osteogenesis Imperfecta [1][1][1] Summary by Relevant Sections Class Action Details - Investors who purchased Ultragenyx common stock between August 3, 2023, and December 26, 2025, can seek to be lead plaintiffs in the class action lawsuit, which is titled Bailey v. Ultragenyx Pharmaceutical Inc. [1][1] - The lawsuit alleges that Ultragenyx and its executives made false statements about the reliability of data from the Phase III Orbit study, which was intended to show the drug's effectiveness [1][1] Allegations Against Ultragenyx - The lawsuit claims that Ultragenyx created a misleading impression of having reliable information regarding the effects of setrusumab while downplaying the risks associated with the Phase III Orbit study [1][1] - It is alleged that the company failed to disclose that the Phase II results lacked a placebo control group, which could have influenced the perceived effectiveness of the treatment [1][1] Stock Price Impact - Following the announcement on July 9, 2025, that the Phase III Orbit study did not achieve statistical significance, Ultragenyx's stock price fell by more than 25% [1][1] - On December 29, 2025, after revealing that both the Phase III Orbit and Cosmic studies failed to meet primary endpoints, the stock price dropped by over 42% [1][1] Legal Process for Lead Plaintiffs - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Ultragenyx common stock during the class period to seek appointment as lead plaintiff, representing the interests of all class members [1][1] - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [1][1] About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [1][1] - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, making it one of the largest plaintiffs' firms globally [1][1]
Rosen Law Firm Urges Lakeland Industries, Inc. (NASDAQ: LAKE) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2026-02-27 00:46
securities you may be entitled to compensation without payment of any out of pocket fees or costs through a con...[Back to Newsroom]## Wish your news had this kind of reach?[Sign Up][Learn About Business Wire] Rosen Law Firm Urges Lakeland Industries, Inc. (NASDAQ: LAKE) Stockholders to Contact the Firm for Information About Their RightsFeb 26, 2026 7:46 PM Eastern Standard Time# Rosen Law Firm Urges Lakeland Industries, Inc. (NASDAQ: LAKE) Stockholders to Contact the Firm for Information About Their Rights ...
DRIVEN BRANDS HOLDINGS INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-02-26 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Driven Brands Holdings Inc. ("Driven†or the "Company†) (NASDAQ:DRVN). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT SECURITIES CLASS ACTIONS] What Should I Do? At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether cla ...
Ademi LLP Investigates Claims of Securities Fraud against Tennant Company
Prnewswire· 2026-02-26 14:54
Core Viewpoint - Ademi LLP is investigating potential securities fraud claims against Tennant Company due to inaccurate statements regarding its financial performance and operational challenges related to a new ERP system implementation [1] Group 1: Investigation Details - The investigation is prompted by disclosures from Tennant about its new enterprise resource planning (ERP) system, which was introduced in the fourth quarter [1] - Tennant experienced "production disruptions during the North America ERP transition," indicating operational difficulties [1] - The company reported that the transition "introduced unexpected challenges that constrained operating capacity," suggesting significant impacts on its business operations [1]
Stock Market Today: Dow Futures Slide, S&P 500, Nasdaq Gain Ahead Of Weekly Jobless Claims—Nvidia, Salesforce, Trade Desk In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-26 10:04
Company Performance - Driven Brands Holdings Inc. (NASDAQ:DRVN) fell 5.09% after canceling its earnings release due to material errors in its financial statements for fiscal years 2023 and 2024 [3] - Nvidia Corp. (NASDAQ:NVDA) increased by 1.28% after reporting better-than-expected fourth-quarter financial results and providing first-quarter sales guidance above estimates [4] - Salesforce Inc. (NYSE:CRM) dropped 3.94% despite positive earnings, as its future estimates fell short of Wall Street's expectations [4] - Dell Technologies Inc. (NYSE:DELL) was down 0.38% with analysts expecting earnings of $3.53 per share on revenue of $31.75 billion [5] - Benzinga's Edge Stock Rankings indicate that DRVN maintains a weak price trend over the long, medium, and short terms, with a poor quality score [6] Market Insights - BlackRock remains overweight on U.S. equities, citing a favorable macro backdrop characterized by continued Federal Reserve easing and strong corporate earnings [8] - BlackRock anticipates steady growth and inflation that could drift below 2%, while remaining cautious about long-term fiscal health [9] - BlackRock views recent trade developments as stable, noting that the administration's focus on trade remains central to its economic and strategic policy [10]
Stock Market Today: Dow Futures Slide, S&P 500, Nasdaq Gain Ahead Of Weekly Jobless Claims—Nvidia, Salesforce, Trade Desk In Focus
Benzinga· 2026-02-26 10:04
Company Performance - Driven Brands Holdings Inc. (NASDAQ:DRVN) fell 5.09% after canceling its earnings release due to material errors in its financial statements for fiscal years 2023 and 2024 [3] - Nvidia Corp. (NASDAQ:NVDA) increased by 1.28% after reporting better-than-expected fourth-quarter financial results and providing first-quarter sales guidance above estimates [4] - Salesforce Inc. (NYSE:CRM) dropped 3.94% despite positive earnings, as its future estimates fell short of Wall Street's expectations [4] - Dell Technologies Inc. (NYSE:DELL) was down 0.38% with analysts expecting earnings of $3.53 per share on revenue of $31.75 billion [5] - Benzinga's Edge Stock Rankings indicate that DRVN maintains a weak price trend over all time frames, while NVDA has a strong price trend but a weak value score [4][6] Market Insights - BlackRock remains overweight on U.S. equities, citing a favorable macro backdrop with continued Federal Reserve easing and strong corporate earnings [8] - The firm anticipates steady growth and inflation potentially drifting below 2%, while expressing caution about long-term fiscal health [9] - BlackRock views recent trade developments as stable, emphasizing the importance of monitoring geopolitical fragmentation as a new return driver beyond technology [10]
Driven Brands (DRVN) Nosedives 30% as Firm Calls Off Earnings Release
Yahoo Finance· 2026-02-26 07:08
We recently published 10 Stocks Left Behind in a Roaring Market. Driven Brands Holdings Inc. (NASDAQ:DRVN) was one of the worst performers on Wednesday. Driven Brands extended its losing streak to a third consecutive day on Wednesday, slashing 30.16 percent to close at $11.60 apiece, as investors turned cautious after it called off the release of its earnings performance for last year and reinstated other financial statements. The company was supposed to hold an earnings call before market open on the s ...
Why Driven Brands Stock Crashed Today
Yahoo Finance· 2026-02-25 16:17
Driven Brands (NASDAQ: DRVN) stock, the holding company that runs such well-known automotive services brands as MAACO, Meineke Car Care, Take 5 Oil Change, and Auto Glass Now, tumbled 35% through 10:40 a.m. ET Wednesday morning after filing notice with the SEC that "there were material errors in our previously issued consolidated financial statements for the fiscal year ended December 28, 2024 ... and the fiscal year ended December 30, 2023." Errors range from "the completeness and accuracy of recording l ...
Rosen Law Firm Urges PayPal Holdings, Inc. (NASDAQ: PYPL) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2026-02-18 20:21
Core Viewpoint - Rosen Law Firm has initiated a class action lawsuit on behalf of PayPal Holdings, Inc. stockholders who incurred significant losses during the class period from February 25, 2025, to February 2, 2026, alleging that the company misled investors regarding its business operations and growth potential [1]. Summary by Relevant Sections Allegations - The lawsuit claims that PayPal provided investors with overly optimistic statements about its financial targets for 2027 and the growth trajectory of its Branded Checkout segment, while concealing material adverse facts about its salesforce's capability to execute on these growth expectations [1]. - It is alleged that the company was "too optimistic" about how quickly its staff could drive customer adoption, leading to investor damages when the true state of affairs became known [1]. Class Action Participation - Shareholders who wish to serve as lead plaintiffs must file motions with the court by April 20, 2026. A lead plaintiff represents other class members in the litigation [1]. - Shareholders are not required to participate in the case to be eligible for recovery and can remain absent class members if they choose [1]. Rosen Law Firm Background - Rosen Law Firm is recognized for its focus on shareholder rights litigation and has successfully recovered over $1 billion for shareholders since its inception [1].
Advance Auto Parts (AAP) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2026-02-13 13:48
分组1 - Advance Auto Parts reported quarterly earnings of $0.86 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and showing a significant improvement from a loss of $1.18 per share a year ago, resulting in an earnings surprise of +109.76% [1] - The company achieved revenues of $1.97 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.97%, although this represents a decline from year-ago revenues of $2 billion [2] - Advance Auto Parts has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] 分组2 - The stock has increased approximately 48.1% since the beginning of the year, contrasting with a decline of 0.2% in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $2.63 billion, and for the current fiscal year, it is $2.66 on revenues of $8.65 billion [7] - The Automotive - Retail and Wholesale - Parts industry is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stock performance [8]