Securities fraud
Search documents
ITGR LEGAL NOTICE: Integer Holdings Corporation Investors are Encouraged to Contact BFA Law before the Upcoming February 9 Securities Fraud Class Action Deadline
TMX Newsfile· 2026-01-09 13:18
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation and its senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Company Overview - Integer Holdings Corporation specializes in designing and manufacturing cardiac rhythm management and cardiovascular products, including electrophysiology devices that diagnose and treat arrhythmias [4]. Allegations of Securities Fraud - The lawsuit claims that Integer misrepresented the demand and revenue for its electrophysiology products, which had reportedly fallen sharply, contradicting the company's public statements about sales growth and market position [4][5]. Stock Price Decline - On October 23, 2025, Integer revised its 2025 sales guidance down to a range of $1.840 billion to $1.854 billion from a previous range of $1.850 billion to $1.876 billion, which was below analysts' expectations. The company also projected a net sales growth of -2% to 2% and organic sales growth of 0% to 4% for 2026. This announcement led to a stock price drop of $35.22 per share, or over 32%, from $109.11 to $73.89 [6].
ARDT LEGAL NOTICE: Ardent Health, Inc. Investors are Notified BFA Law has Filed a Class Action Lawsuit and Urges Investors to Contact the Firm by March 9 Deadline
TMX Newsfile· 2026-01-09 13:18
Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][4]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the Middle District of Tennessee, captioned Postiwala v. Ardent Health, Inc., et al., No. 3:26-cv-00022, and claims are made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until March 9, 2026, to request to be appointed to lead the case [3]. Group 2: Allegations Against Ardent Health - The lawsuit alleges that Ardent Health misrepresented its process for determining the collectability of accounts receivable, claiming reliance on "detailed reviews of historical collections," while actually using a 180-day cliff method for reserving accounts [4]. - This misrepresentation allowed Ardent Health to report inflated accounts receivable and delay recognizing losses on uncollectable accounts, constituting a violation of federal securities laws [4]. Group 3: Stock Price Impact - On November 12, 2025, Ardent Health announced a $43 million revenue decrease for the quarter and a $54 million increase in professional liability reserves, leading to a stock price drop of $4.75 per share, or over 33%, from $14.05 to $9.30 [5].
FRMI INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Fermi Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-09 11:15
Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador, leading to significant financial losses for investors following the termination of a key funding agreement [3][4][5]. Group 1: Class Action Lawsuit Details - The lawsuit is titled Lupia v. Fermi Inc. and was filed in the Southern District of New York, with a deadline of March 6, 2026, for investors to seek lead plaintiff status [1]. - The class period for the lawsuit includes transactions from October 1, 2025, to December 11, 2025, during which Fermi's common stock was sold at $21.00 per share in its IPO [1][2]. - Allegations include overstating tenant demand for Project Matador and failing to disclose reliance on a single tenant's funding commitment [3]. Group 2: Financial Impact - Following the announcement that the first tenant for Project Matador terminated a $150 million funding agreement, Fermi's stock price dropped nearly 34% [4]. - The stock price has since fallen to as low as $8.59 per share, representing a 59% decline from the IPO price [5]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows investors to seek lead plaintiff status if they purchased Fermi common stock during the class period [6]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
ARDT INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Ardent Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2026-01-09 11:00
Core Viewpoint - The Ardent Health class action lawsuit alleges that the company and its executives made misleading statements regarding financial practices and liability reserves, leading to significant financial losses for investors during the specified class period [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Postiwala v. Ardent Health, Inc., and it allows purchasers of Ardent Health securities from July 18, 2024, to November 12, 2025, to seek lead plaintiff status by March 9, 2026 [1]. - The lawsuit claims that Ardent Health did not accurately assess the collectability of accounts receivable, which inflated its reported financial position [3]. - Allegations include that Ardent Health's accounts receivable framework allowed for delayed recognition of losses, and that the company lacked sufficient malpractice liability insurance [3]. Group 2: Financial Impact - On November 12, 2025, Ardent Health reported a $43 million decrease in third quarter revenue due to revised accounts receivable assessments and a new revenue accounting system [4]. - The company also cut its 2025 EBITDA guidance by approximately 9.6%, from a range of $575 million - $615 million to $530 million - $555 million, citing industry-wide cost pressures [4]. - Following these announcements, Ardent Health's stock price fell nearly 34% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Ardent Health securities during the class period to seek lead plaintiff status, which enables them to represent the interests of all class members [5]. - 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 [5].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ardent Health, Inc. of Class Action Lawsuit and Upcoming Deadlines - ARDT
Prnewswire· 2026-01-09 03:16
Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. concerning allegations of securities fraud and unlawful business practices by the company and its officers [2]. Financial Performance - On November 12, 2025, Ardent reported a $43 million decrease in third quarter 2025 revenue due to revised determinations of accounts receivable collectability after transitioning to a new revenue accounting system [3]. - The new accounting system, Kodiak RCA net revenue platform, allows for more precise determination of accounts receivable collectability and recognizes reserves earlier in an account's life cycle compared to the previous framework [3]. - Ardent also cut its 2025 EBITDA guidance by approximately 9.6%, from a range of $575 million - $625 million to $530 million - $555 million, citing persistent industry-wide cost pressures [3]. - Additionally, the company recorded a $54 million increase in professional liability reserves related to recent settlements and ongoing litigation, influenced by broader industry trends [3]. - Following these announcements, Ardent's stock price fell by $4.75 per share, or 33.81%, closing at $9.30 per share on November 13, 2025 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Solar, Inc. - FSLR
Prnewswire· 2026-01-09 03:16
Group 1 - Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] - Jefferies downgraded First Solar from Buy to Hold on January 7, 2026, citing lowered guidance, significant de-bookings, and margin compression throughout 2025 [2] - Following the downgrade, First Solar's stock price decreased by $27.67, or 10.29%, closing at $241.11 per share on January 7, 2026 [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AST SpaceMobile, Inc. - ASTS
Prnewswire· 2026-01-09 03:16
Core Viewpoint - AST SpaceMobile, Inc. is under investigation for potential securities fraud and unlawful business practices, coinciding with a recent downgrade by Scotiabank which has negatively impacted the company's stock price [1][2]. Group 1: Company Investigation - Pomerantz LLP is investigating claims on behalf of investors of AST SpaceMobile, Inc. regarding possible securities fraud or other unlawful business practices by the company and its officers [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1]. Group 2: Stock Performance and Analyst Downgrade - On January 7, 2026, Scotiabank downgraded AST SpaceMobile to a "Sell" rating, citing significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites [2]. - Following the downgrade, AST's stock price decreased by $11.76 per share, representing a 12.06% decline, closing at $85.73 per share on the same day [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Zenas BioPharma, Inc. - ZBIO
Prnewswire· 2026-01-09 03:16
Core Viewpoint - Zenas BioPharma, Inc. is under investigation for potential securities fraud following disappointing results from a clinical trial, which led to significant stock price declines [1][2][3]. Group 1: Company Overview - Zenas BioPharma, Inc. trades on NASDAQ under the ticker ZBIO [1]. - The company recently announced results from the Phase 3 INDIGO trial of obexelimab for Immunoglobulin G4-Related Disease (IgG4-RD) [2]. Group 2: Trial Results and Market Reaction - The trial results were characterized as "positive" by Zenas, but analysts indicated that the drug's efficacy did not meet the necessary threshold for commercial viability [2]. - Following the announcement, Zenas's stock price dropped by $17.89 per share, or 51.86%, closing at $16.61 on January 5, 2026 [2]. - On a subsequent conference call, the CEO expressed disappointment regarding the hazard ratio, which did not meet expectations, resulting in an additional stock price decline of $1.41 per share, or 8.49%, closing at $15.20 on January 6, 2026 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Instil Bio, Inc. - TIL
Prnewswire· 2026-01-09 03:16
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Instil Bio, Inc. and its officers or directors [1] Group 1: Company Developments - On January 6, 2026, Instil announced that its subsidiary, Axion Bio, Inc., will discontinue the clinical development of AXN-2510 and terminate its collaboration agreement with ImmuneOnco Biopharmaceuticals [2] - Following this announcement, Instil's stock price dropped by $5.63 per share, representing a decline of 45.81%, closing at $6.66 per share on the same day [2] Group 2: Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [3]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation into New Era Energy & Digital, Inc. (NASDAQ: NUAI) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2026-01-09 01:20
Company Overview - New Era Energy & Digital, Inc. develops and operates digital infrastructure and integrated power assets [3] Allegations of Wrongdoing - On December 12, 2025, a report by Fuzzy Panda Research accused New Era of prioritizing stock promotion over its core oil and gas operations, leading to a stock price drop of $0.25 per share, or 6.9%, closing at $3.35 on December 13, 2025 [4] - On December 29, 2025, a lawsuit was filed by the State of New Mexico against New Era and its CEO, alleging fraudulent operations and shifting environmental cleanup costs to the state, resulting in a further stock price decline of $2.19 per share, or 48.03%, closing at $2.37 per share [5] Legal Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving New Era, stemming from allegations of misleading business information provided to investors [1]