Securities Fraud
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NTLA Investors are Reminded of the Final Opportunity to Lead Intellia Therapeutics, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-14 12:53
Core Viewpoint - A class action lawsuit has been filed against Intellia Therapeutics, Inc. for alleged violations of securities laws, specifically related to misleading statements about the development of its drug NTLA-3001 [1][4]. Group 1: Lawsuit Details - The lawsuit is based on claims that Intellia made false and misleading statements regarding its drug development and marketing strategies, particularly concerning NTLA-3001 [4]. - Investors who purchased Intellia's securities between July 30, 2024, and January 8, 2025, are encouraged to participate in the class action [2]. - The class has not yet been certified, meaning that potential class members are not currently represented by an attorney [3]. Group 2: Allegations Against the Company - The complaint alleges that Intellia provided investors with a false impression of having reliable information about NTLA-3001's development [4]. - It is claimed that the company's reports on timelines for future studies were unsustainable due to high costs and inefficient delivery methods [4]. - The company reportedly struggled to provide timely doses of NTLA-3001 and maintain adequate staffing levels, leading to materially misleading public statements [4].
ZYXI Investors Have the Opportunity to Lead the Zynex Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
GlobeNewswire News Room· 2025-04-13 11:58
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Zynex, Inc. due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by May 19, 2025 [2][4]. Group 1: Allegations Against Zynex - The complaint alleges that Zynex and its executives made false or misleading statements and failed to disclose critical information, including shipping excess products, inflating revenue, and facing scrutiny from insurers like Tricare [4]. - A report published by medical journal STAT accused Zynex of an "oversupplying scheme," leading to insurers removing the company from their networks [5]. - Following the report, Zynex's stock price dropped by $0.50 per share, or 5%, to close at $9.35 on June 4, 2024, amid heavy trading volume [5]. Group 2: Financial Performance and Market Reaction - On March 11, 2025, Zynex reported a significant revenue shortfall for Q4 2024, attributing it to slower payments from certain payers and a temporary suspension of payments from Tricare [6]. - The announcement led to a drastic decline in Zynex's stock price, which fell by $3.59 per share, or 51.3%, closing at $3.41 on March 12, 2025, also on unusually heavy trading volume [7].
TTD STOCK FRAUD: Did Trade Desk, Inc. Commit Securities Fraud? Investors are Notified to Contact BFA Law by the April 21 Court Deadline (NASDAQ:TTD)
GlobeNewswire News Room· 2025-04-11 11:43
NEW YORK, April 11, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Trade Desk, Inc. (NASDAQ: TTD) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Trade Desk, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/the-trade-desk-inc Investors have until April 21, 2025, to ask the Court to be appoin ...
Fluence Energy, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 12, 2025 to Discuss Your Rights - FLNC
Prnewswire· 2025-04-11 09:45
NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fluence Energy, Inc. ("Fluence Energy" or the "Company") (NASDAQ: FLNC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluence Energy investors who were adversely affected by alleged securities fraud between November 29, 2023 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/fluence-en ...
Block, Inc. Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information About Continuing Investigation
GlobeNewswire News Room· 2025-04-11 01:30
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims against Block, Inc. to hold its officers and directors accountable for alleged damages caused to the company [1] Group 1: Legal Rights and Shareholder Information - Shareholders who owned Block, Inc. shares before February 26, 2020, may have legal rights to pursue claims against the company's officers and directors [2] - A previous class action lawsuit was filed for shareholders who acquired stock between February 26, 2020, and April 30, 2024, excluding those who purchased shares before this period from recovery [2] Group 2: Allegations Against Block, Inc. - The complaint alleges that Block engaged in significant compliance failures at Square and Cash App, including inadequate due diligence on customer identities and transactions [3] - It is claimed that Block created an environment conducive to illegal activities by allowing minimal obligations for account creation and transactions, and by encouraging the use of bitcoin [3] - Allegations include that Block's platforms facilitated various illegal activities such as money laundering, child sexual abuse, sex trafficking, drug trafficking, and terrorism financing [3] - The complaint states that Block allowed customers to withdraw funds from flagged accounts and permitted multiple accounts to be opened using fake identities [3] - Block's leadership allegedly failed to address known compliance issues despite numerous warnings and complaints [3] - The complaint suggests that user metrics for Cash App were artificially inflated due to the presence of fake accounts [3] - As a result of these issues, Block faced undisclosed risks that could lead to reputational damage, regulatory actions, and negative impacts on operations and financial results [3]
The Trade Desk, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD
Prnewswire· 2025-04-08 09:45
Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. for alleged securities fraud affecting investors between May 9, 2024, and February 12, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business operations, particularly revenue growth [2] - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading due to the aforementioned issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 21, 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 any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Biohaven Ltd. - BHVN
GlobeNewswire News Room· 2025-04-07 14:31
NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Biohaven Ltd. (“Biohaven” or the “Company”) (NYSE: BHVN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Biohaven and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 3, 2025 ...
The Trade Desk, Inc. Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds The Trade Desk, Inc. Shareholders of Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-04-04 22:20
Core Viewpoint - Securities class action lawsuits have been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified Class Period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - Defendants are accused of failing to disclose significant execution challenges related to the Kokai rollout, which involved transitioning clients from the older platform, Solimar [2]. - The execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business and revenue growth [2]. - Positive statements made by the defendants about the company's operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].
The Trade Desk, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD
Prnewswire· 2025-04-04 09:45
Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. for alleged securities fraud affecting investors between May 9, 2024, and February 12, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [2] - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading due to the aforementioned issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 21, 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 any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
TTD FRAUD ALERT: Trade Desk, Inc. 31% Stock Drop Triggers Class Action Lawsuit for Fraud – Investors are Notified to Contact BFA Law before April 21 (NASDAQ:TTD)
GlobeNewswire News Room· 2025-04-03 12:46
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Trade Desk, Inc. (NASDAQ: TTD) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Trade Desk, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-trade-desk-inc. Investors have until April 21, 2025, to ask the Court to be appoin ...