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SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Varonis Systems
Prnewswire· 2026-01-08 17:18
Core Viewpoint - Varonis Systems is facing legal action due to allegations of misleading statements regarding its ability to convert its customer base to a SaaS model, which has resulted in a significant decline in its stock price following disappointing financial results [2][3][4]. Financial Performance - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed its Annual Recurring Revenue (ARR) targets and reduced its full-year projections, attributing this to weaker-than-expected renewals and conversions in its subscription business [3]. - The company announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its restructuring efforts [3]. Stock Market Reaction - Following the announcement of its financial results, Varonis' stock price plummeted from $63.00 per share to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in just one day [4]. Legal Proceedings - A class action lawsuit has been initiated against Varonis, with a court-appointed lead plaintiff representing the interests of affected shareholders [5]. - The law firm Faruqi & Faruqi is encouraging individuals with information regarding Varonis' conduct to come forward, including whistleblowers and former employees [6].
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Varonis Systems, Inc. Common Stock and Sets a Lead Plaintiff Deadline of March 9, 2026
Globenewswire· 2026-01-07 20:37
Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. due to allegations of misleading statements regarding its financial performance and customer retention capabilities, leading to significant stock price decline [1][3][4]. Company Performance - Varonis reported a significant miss in Annual Recurring Revenue (ARR) for Q3 2025 and lowered its full-year guidance, attributing this to weaker-than-expected renewals and conversions in its subscription business [4]. - The company announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its restructuring efforts [4]. Stock Market Reaction - Following the announcement of disappointing financial results, Varonis' stock price plummeted from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in just one day [5]. Legal Proceedings - The lawsuit, Artem Molchanov v. Varonis Systems, Inc., has been initiated in the U.S. District Court for the Southern District of New York, targeting investors who purchased Varonis stock between February 4, 2025, and October 28, 2025 [1][3]. - Investors are encouraged to step forward before the March 9, 2026 deadline to seek compensation for losses incurred due to alleged corporate misrepresentations [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi
TMX Newsfile· 2026-01-07 16:41
Core Viewpoint - Fermi Inc. is facing potential legal claims due to allegations of misleading statements regarding its Project Matador, particularly concerning tenant demand and funding commitments [5][6][8]. Company Overview - Fermi Inc. completed its IPO on October 1, 2025, offering approximately 32.5 million shares at $21.00 per share, with plans to develop a large electric generation campus for AI data centers [6]. - The company had identified a "First Tenant" for its Project Matador site, which was expected to lease a portion of the site under a long-term agreement [6]. Legal Proceedings - Faruqi & Faruqi, LLP is investigating claims against Fermi and has set a deadline of March 6, 2026, for investors to seek the role of lead plaintiff in a federal securities class action [2]. - The complaint alleges that Fermi and its executives violated federal securities laws by making false statements and failing to disclose critical information about tenant demand and funding risks [5]. Financial Impact - In November 2025, Fermi announced that the First Tenant had agreed to advance up to $150 million for construction costs, which was a significant funding arrangement for the Project [7]. - Following the termination of this funding agreement on December 12, 2025, Fermi's stock price dropped over 33%, closing at $10.09 per share, significantly below the IPO price [8].
ARE INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Alexandria Real Estate Equities, Inc.
Globenewswire· 2026-01-06 23:00
Core Viewpoint - Alexandria Real Estate Equities, Inc. is facing a class action lawsuit due to allegations of misleading information regarding its leasing spreads, development pipeline, and occupancy growth, particularly concerning its Long Island City property [2]. Group 1: Lawsuit Details - The lawsuit claims that Alexandria lacked reliable information about its leasing spreads and development tenant pipeline, which misrepresented the company's growth potential in the life-science sector [2]. - It is argued that the value and growth potential of Alexandria's Long Island City property had been declining for years, contradicting the company's optimistic reports [2]. Group 2: Financial Performance - On October 27, 2025, Alexandria reported Q3 2025 financial results that did not meet analyst expectations, showing a decline in revenues and a 7% drop in adjusted funds from operations [3]. - The financial report indicated lower occupancy rates, slower leasing activity, and a significant real estate impairment charge of $323.9 million, with $206 million attributed to the Long Island City property [3]. - Following the financial results announcement, Alexandria's share price fell by $14.93, approximately 19.17%, from $77.87 to $62.94 per share [3].
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Prnewswire· 2026-01-06 14:58
Core Viewpoint - Firefly Aerospace Inc. is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its business operations and financial performance, particularly concerning its Spacecraft Solutions offerings and Alpha rocket program [4][6]. Group 1: Legal Proceedings - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace and has set a deadline of January 12, 2026, for investors to seek the role of lead plaintiff in the class action [2]. - The lawsuit alleges that Firefly and its executives violated federal securities laws by making false statements and failing to disclose critical information about the company's operational readiness and growth prospects [4]. Group 2: Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [5]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, for the same quarter in 2024 [6]. - Revenue for the second quarter of 2025 was $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease from the same quarter in 2024 [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, marking a 49% year-over-year decrease [6]. Group 3: Stock Performance - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - After the disclosure of a failed rocket stage on September 29, 2025, Firefly's stock price dropped by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [8][9].
BRBR Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-01-05 23:00
Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices by its senior management [1]. Group 1: Recent Developments - On May 5, 2025, BellRing announced that several key retailers reduced their weeks of supply on hand, which is expected to negatively impact Q3 2025 growth. The company also stated it would expand promotions to counteract reductions in retailer trade inventory levels. Following this announcement, BellRing's share price fell by $13.96, or approximately 18%, from $77.34 to $63.38 [2]. - On August 4, 2025, BellRing reported disappointing quarterly consumption of Premier Protein RTD Shakes, which did not meet expectations due to previously announced retailer destocking. This led to a significant decline in share price by $17.46, or approximately 33%, from $53.64 to $36.18 [3].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Klarna Group plc
TMX Newsfile· 2026-01-04 13:11
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Klarna Group plc due to allegations of violations of federal securities laws related to misleading statements and inadequate disclosures regarding loss reserves following its IPO [2][4]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Klarna to contact them to discuss their legal options, particularly in light of a federal securities class action with a deadline for lead plaintiff applications set for February 20, 2026 [1][2]. - The complaint alleges that Klarna and its executives materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known, leading to misleading public statements [4]. Group 2: Financial Performance and Market Reaction - Klarna reported a net loss of $95 million in its third quarter, while setting aside $235 million for loan loss provisions, which exceeded analyst estimates of $215.8 million [5]. - The provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year, contributing to a 9.3% decline in Klarna's stock price on November 18, 2025 [5].
ANIK Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2025-12-30 23:00
Group 1 - Anika Therapeutics, Inc. is under investigation by Kirby McInerney LLP for potential violations of federal securities laws or unlawful business practices by the company or its senior management [1] - On July 30, 2025, Anika announced topline results from its clinical trial of Hyalofast, which showed improvements in treated patients but did not meet pre-specified co-primary endpoints due to a higher dropout rate and missed visits during COVID [2] - Following the announcement, Anika's share price fell by $3.06, approximately 27.42%, closing at $8.10 per share on the same day [2] Group 2 - Investors who purchased or acquired Anika securities and have information regarding the investigation are encouraged to contact Kirby McInerney LLP for further discussion about their rights or interests [3] - Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [4]
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Gauzy
TMX Newsfile· 2025-12-30 16:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Gauzy Ltd. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed financial difficulties of its subsidiaries [2][4]. Group 1: Company Financial Issues - The complaint alleges that three of Gauzy's French subsidiaries lacked the financial means to meet their debts, leading to a substantial likelihood of insolvency proceedings [4]. - The initiation of Redressement Judiciaire, a form of French insolvency proceedings, was announced on November 14, 2025, which constitutes a default under Gauzy's existing senior secured debt facilities [5]. - Gauzy's share price fell nearly 50%, dropping $2.00 per share to close at $2.02 on November 17, 2025, following the announcement of the insolvency proceedings [6]. Group 2: Legal Actions and Investor Rights - Investors who purchased securities in Gauzy between March 11, 2025, and November 13, 2025, are encouraged to discuss their legal rights and options with Faruqi & Faruqi [1]. - There is a deadline of February 6, 2026, for investors to seek the role of lead plaintiff in the federal securities class action against Gauzy [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7].
KLAR DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Klarna Group plc
TMX Newsfile· 2025-12-30 16:14
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Klarna Group plc due to allegations of violations of federal securities laws related to misleading statements and inadequate disclosures regarding loss reserves [2][4]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Klarna to contact them to discuss their legal options, particularly those who purchased securities in connection with Klarna's September 2025 IPO [1][2]. - A federal securities class action has been filed against Klarna, with a deadline of February 20, 2026, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that Klarna materially understated the risk of increased loss reserves shortly after the IPO, which misled investors [4]. Group 2: Financial Performance and Market Reaction - Klarna reported a net loss of $95 million in its third quarter, while setting aside $235 million for loan loss provisions, which exceeded analyst estimates of $215.8 million [5]. - The provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year [5]. - Following the earnings report, Klarna's stock fell by 9.3% on November 18, 2025, indicating a negative market reaction to the financial disclosures [5].