NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The J.M. Smucker Company (NYSE: SJM) for potential violations of the federal securities laws. If you invested in J.M. Smucker, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/the-jm-smucker-company-class-action-lawsuit. Why Is J.M. Smucker being Investigated? J.M. Smucker manufactures and markets branded food and beverage products. I ...

Core Viewpoint - J.M. Smucker Company is under investigation for potential violations of federal securities laws following significant impairment charges related to its Sweet Baked Snacks segment and the Hostess brand trademark, which have led to a substantial decline in stock price [1][3]. Group 1: Company Overview - J.M. Smucker manufactures and markets branded food and beverage products, including the recently acquired Hostess Brands, Inc., which specializes in sweet baked goods [2]. - The company characterized the Hostess acquisition as "highly complementary," suggesting positive underlying trends in the snacking category [2]. Group 2: Financial Performance - In Q4 2025, J.M. Smucker reported an $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge for the Hostess brand trademark due to ongoing underperformance [3]. - Following the announcement of these impairment charges, J.M. Smucker's stock price dropped by $17.44, or over 18%, from $111.85 on June 9, 2025, to $94.41 on June 10, 2025 [3].

Group 1 - Halper Sadeh LLC is investigating WideOpenWest, Inc. for potential violations related to its sale to DigitalBridge Investments and Crestview Partners at $5.20 per share [1] - BankFinancial Corporation is being investigated for its sale to First Financial Bancorp at a ratio of 0.48 shares of First Financial common stock for each share of BankFinancial [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws following the revelation of undisclosed issues in its infrastructure projects, leading to significant financial impacts and a sharp decline in stock price [1][3][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement, construction, fabrication, modularization, and project management services across three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - In its fiscal Q2 2025 results, Fluor reported disappointing earnings, including a $54 million net impact from cost growth and expected recoveries on three infrastructure projects due to subcontractor design errors, schedule impacts, and price escalation [4]. - The company had previously claimed strong productivity across its infrastructure portfolio, which was contradicted by the undisclosed design errors and delays that significantly affected its business [3]. Stock Market Reaction - Following the earnings report on August 1, 2025, Fluor's stock price fell by more than 30% during trading, reflecting investor reaction to the negative financial news and the implications of the ongoing investigation [4].

Company Overview - Align Technology is a global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry [3] Financial Performance - For the second quarter of 2025, Align Technology reported revenue of $1.01 billion, which represents a year-over-year decrease of 1.6% [4] - Following the financial results announcement, Align Technology's stock price fell by 37% [4] Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Align Technology, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1]

Group 1 - Halper Sadeh LLC is investigating Foot Locker, Inc. for potential violations related to its sale to DICK'S Sporting Goods, where shareholders can choose between $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker [1] - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash [2] - Hudson Global, Inc. is merging with Star Equity Holdings, Inc., resulting in Hudson shareholders owning approximately 79% of the combined company post-transaction [2] Group 2 - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Core Insights - Lockheed Martin Corporation is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported significant financial losses in its second quarter 2025 results, including $1.6 billion in program losses [2] - Following the financial disclosures, Lockheed's stock price experienced a notable decline of 10.8%, closing at $410.69 per share [3] Financial Performance - Lockheed disclosed $950 million in losses related to its Aeronautics Classified program due to design, integration, and testing challenges [2] - The Canadian Maritime Helicopter Program incurred $570 million in losses, attributed to additional mission capabilities and revised flight hour expectations [2] - A $95 million charge was reported for the Turkish Utility Helicopter Program, reflecting the current status of the program [2] Market Reaction - The announcement of the financial losses led to a sharp decline in Lockheed's stock price, falling by $49.84 per share [3]

Core Viewpoint - RxSight, Inc. is under investigation for potential violations of federal securities laws following a significant decline in stock price due to revenue forecast cuts related to a slowdown in product utilization [1][4][5]. Company Overview - RxSight manufactures and sells light adjustable intraocular lenses used in cataract surgery, with its main product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [2]. Financial Performance - The company previously reported strong sales for LAL and Light Delivery Device (LDD), but began experiencing a slowdown in LAL utilization noted in 2024 [3]. - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, leading to a stock price drop of approximately 38%, from $26.12 to $16.21 per share [4]. - A further revenue forecast cut on July 8, 2025, resulted in another 38% decline in stock price, from $12.79 to $7.95 per share [5].

Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its sales growth driven by temporary trade inventory loading rather than genuine consumer demand [1][2]. Group 1: Company Overview - BellRing operates in the convenient nutrition category, primarily known for its brands Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2]. - The company reported that Premier Protein achieved an all-time high in household penetration, indicating strong demand [2]. Group 2: Sales Growth and Challenges - The sales growth during the relevant period may have been artificially inflated due to temporary trade inventory loading at key retailers, raising questions about sustainable demand [2]. - On May 5, 2025, BellRing disclosed that several key retailers had reduced their weeks of supply on hand, which would negatively impact growth in Q3 2025 [3]. - Following this announcement, BellRing's stock price dropped by $13.96, or over 18%, from $77.34 to $63.38 per share [3]. Group 3: Legal Implications - Investors in BellRing are encouraged to seek legal options due to the ongoing investigation and potential securities law violations [4]. - Bleichmar Fonti & Auld LLP, the law firm leading the investigation, has a strong track record in securities class actions and has recovered significant amounts for shareholders in past cases [5].

Core Viewpoint - Kaskela Law LLC is investigating Solid Biosciences Inc. due to a significant decline in its stock price, which has dropped over 40% since September 2024 [1][2]. Group 1: Stock Performance - Solid Biosciences' stock price has decreased from over $10.00 per share to less than $6.00 per share, representing a decline of over 40% [1]. Group 2: Legal Investigation - The investigation aims to determine if Solid Biosciences and its officers and directors violated securities laws or breached fiduciary duties related to recent corporate actions [2].