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Shareholders that lost money on iRobot Corporation(IRBT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2025-08-08 12:45
Core Viewpoint - A class action securities lawsuit has been filed against iRobot Corporation, alleging securities fraud that affected investors between January 29, 2024, and March 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that iRobot overstated the effectiveness of its restructuring plan following the termination of the Amazon acquisition, leading to doubts about its ability to operate profitably as a standalone company [2]. - It is alleged that there was substantial doubt regarding iRobot's ability to continue as a going concern, and that the defendants' public statements were materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
Shareholders that lost money on Neogen Corporation(NEOG) should contact Levi & Korsinsky about pending Class Action - NEOG
Prnewswire· 2025-08-08 12:45
Core Viewpoint - Neogen Corporation is facing a class action securities lawsuit due to alleged securities fraud that misled investors regarding the integration with the Food Safety Division of 3M Company [1][2] Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by misleading statements made between January 5, 2023, and June 3, 2025 [1] - Defendants allegedly issued materially false statements about the integration's progress and downplayed inefficiencies that arose during the process [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 16, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions for shareholders and ranked among the top securities litigation firms in the U.S. for seven consecutive years [4]
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SCS, LVTX, ENZB on Behalf of Shareholders
Prnewswire· 2025-08-08 05:17
Group 1: Steelcase Inc. - Steelcase Inc. is involved in a transaction where it will sell to HNI Corporation for $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase [1] Group 2: LAVA Therapeutics N.V. - LAVA Therapeutics N.V. is set to be acquired by XOMA Royalty Corporation for $1.16 in cash per share, with potential additional payments of up to $0.08 per share and a non-transferable contingent value right [2] Group 3: Enzo Biochem, Inc. - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash [3] Group 4: Legal Representation - Halper Sadeh LLC is investigating these transactions for potential violations of federal securities laws and breaches of fiduciary duties to shareholders, seeking increased consideration and additional disclosures [4] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [5]
Lineage, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 30, 2025 to Discuss Your Rights – LINE
GlobeNewswire News Room· 2025-08-07 20:36
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit related to the company's initial public offering (IPO) on July 26, 2024, alleging misleading statements and undisclosed information that negatively impacted the company's financial performance [1][3][4]. Group 1: Allegations - The lawsuit claims that Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a destocking of excess inventory from the COVID-19 pandemic [4]. - It is alleged that Lineage raised prices prior to the IPO, which could not be sustained amid weakening demand [4]. - The company reportedly failed to mitigate adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [4]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired, contrary to the representations made in the registration statement [4]. Group 2: Class Action Details - Shareholders who purchased Lineage shares during the specified class period are encouraged to register for the class action, with a deadline of September 30, 2025, to seek lead plaintiff status [5]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [5]. - The Gross Law Firm emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [6].
SJM SHAREHOLDERS: The J.M. Smucker Co. Stock Drop Triggers Securities Fraud Investigation – Contact BFA Law if You Lost Money (NYSE:SJM)
GlobeNewswire News Room· 2025-08-07 12:18
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 previously claimed that the Hostess acquisition was "highly complementary" and that trends in sweet snacking were favorable [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 underperformance [3]. - Following the announcement of these impairment charges, J.M. Smucker's stock price fell by $17.44 per share, or over 18%, from $111.85 on June 9, 2025, to $94.41 on June 10, 2025 [3].
SOC Investors Have Opportunity to Sable Offshore Corp. Securities Fraud Lawsuit With the DJS Law Group
Prnewswire· 2025-08-07 08:52
Core Viewpoint - DJS Law Group is investigating claims against Sable Offshore Corp. for potential violations of securities laws related to misleading statements about oil production [1][2] Group 1: Company Overview - Sable Offshore Corp. is under scrutiny for allegedly making false and misleading statements regarding the resumption of oil production along the California coast, which was actually still suspended [2] - The investigation pertains to investors who purchased Sable's securities during the secondary public offering on May 21, 2025, and within the class period from May 19, 2025, to June 3, 2025 [1] Group 2: Legal Context - The misleading public disclosures by Sable led to financial losses for shareholders once the true situation was revealed [2] - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [3]
LMT Investors Have Opportunity to Join Lockheed Martin Corporation Securities Fraud Lawsuit With the DJS Law Group
Prnewswire· 2025-08-07 08:48
Core Viewpoint - Lockheed Martin Corporation is under investigation for potential violations of securities laws, with claims that the company made false and misleading statements regarding its internal oversight and risk management practices [1][2]. Summary by Sections Investigation Details - The DJS Law Group is investigating claims against Lockheed Martin for securities law violations, specifically for the period between January 23, 2024, and July 21, 2025 [1]. - Investors are encouraged to contact the firm before September 26, 2025, if they purchased the company's securities during the specified class period [1]. Allegations Against Lockheed Martin - The complaint alleges that Lockheed Martin failed to maintain adequate internal oversight concerning risk-adjusted contracts and the calculation of its risk-adjusted profit booking rate [2]. - The company is accused of lacking effective systems for thorough evaluations of programs that involve complex technical factors and associated risks [2]. - Lockheed Martin allegedly exaggerated its ability to fulfill contract obligations with high quality, punctuality, and cost efficiency, leading to the likelihood of substantial losses [2]. - The public representations made by the company during the class period are claimed to be false and materially misleading, resulting in financial losses for investors once the truth emerged [2].
BRBR ALERT: Investigation Launched into BellRing Brands, Inc., Attorneys Encourage Investors and Potential Witnesses to Contact RGRD Law
GlobeNewswire News Room· 2025-08-05 20:57
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving BellRing Brands, Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1] Company Overview - BellRing Brands is a consumer packaged goods holding company that offers ready-to-drink protein shakes, other ready-to-drink beverages, protein powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands [3] Recent Developments - On May 6, 2025, during its second quarter earnings call, BellRing Brands disclosed that certain customers were optimizing their inventories, which would slow sales growth in the third quarter to low-single-digits. Following this announcement, the company's stock price fell by nearly 19% [4] - On August 4, 2025, BellRing Brands reported that its net earnings for the third quarter of 2025 had decreased by more than 71% compared to the same period the previous year. The company also noted that gross profit and adjusted gross profit were affected by net input cost inflation and increased promotional activity, leading to a further decline in stock price of more than 32% [5]
Johnson Fistel Commences Investigation of Agilon Health, Inc.
GlobeNewswire News Room· 2025-08-05 18:15
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Agilon Health, Inc. regarding possible violations of federal securities laws following significant leadership changes and financial disclosures that negatively impacted the company's stock price [1][3]. Company Developments - On August 4, 2025, Agilon Health, Inc. announced the resignation of its President, CEO, and Board Director, Steven Sell, from all positions [3]. - The company released its second-quarter 2025 financial results and withdrew its previously issued full-year 2025 earnings guidance, which surprised the market [3]. - Following these announcements, Agilon's share price fell by more than 27% in after-hours trading [3]. Legal Investigation - The investigation by Johnson Fistel focuses on whether Agilon failed to disclose material information to investors regarding the timing, circumstances, or implications of its leadership transition and guidance withdrawal, potentially violating federal securities laws [3].
Marex Group ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2025-08-05 16:03
Group 1 - Marex Group PLC shares fell over 8% on August 5, 2025, following allegations from a NINGI Research report that the company concealed nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund [2] - The report claims that Marex Group used the fund to generate non-cash trading profits and inflated operating cash flow by misclassifying structured note issuance as income [2] - Block & Leviton is investigating potential securities law violations by Marex Group and may file an action to recover losses for affected investors [4][6] Group 2 - Investors who purchased Marex Group common stock and experienced a decline in share value may be eligible to recover losses, regardless of whether they sold their investment [3] - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7]