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Coinbase to face narrowed shareholder lawsuit
Yahoo Finance· 2025-10-01 14:43
By Jonathan Stempel (Reuters) -A federal judge said Coinbase shareholders may pursue a narrowed lawsuit accusing the largest U.S. cryptocurrency exchange operator of concealing business risks, including whether it would be sued by the Securities and Exchange Commission. In a Tuesday night decision, U.S. District Judge Brian Martinotti in Newark, New Jersey rejected requests by Coinbase, top executives and directors for a full dismissal of claims based on dozens of statements made over two years in regula ...
COTY INVESTIGATION ALERT: Bragar Eagel & Squire, P.C Encourages Coty Investors to Contact the Firm Regarding Investigation
Globenewswire· 2025-09-30 21:12
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Coty Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Coty has engaged in unlawful practices that may have led to financial losses for investors [1][2]. - Investors who have suffered losses and are interested in discussing their legal rights are encouraged to contact the law firm [3]. Financial Performance - On August 20, 2025, Coty reported an unexpected loss for its full fiscal year 2025 and fourth quarter, along with disappointing guidance [6]. - The Chief Financial Officer attributed sluggish sales to several factors, including value-seeking behavior, innovation fatigue among consumers, and changes in anti-theft and immigration policies [6]. - Following the announcement, Coty's stock price dropped by $1.05 per share, or 21.6%, closing at $3.81 per share on August 21, 2025 [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of V.F. Corporation
Globenewswire· 2025-09-30 14:23
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) due to allegations of misleading statements regarding the company's turnaround plans and the performance of its Vans brand, which has seen significant revenue declines [3][5][6]. Group 1: Legal Investigation and Class Action - The law firm is reminding investors of the November 12, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against VFC [3]. - The complaint alleges that VFC and its executives violated federal securities laws by making false statements and failing to disclose necessary actions for the Vans brand's growth [5]. - Investors who suffered losses in VFC between October 30, 2023, and May 20, 2025, are encouraged to contact the firm to discuss their legal options [1][8]. Group 2: Financial Performance and Market Reaction - VFC reported a significant decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025 [6]. - The company's stock price fell from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day following the earnings report [6]. - VFC attributed its disappointing results to deliberate actions taken to eliminate unprofitable businesses, which were not previously disclosed [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lantheus
Globenewswire· 2025-09-30 14:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lantheus Holdings, Inc. due to misleading statements regarding the competitive position of its product Pylarify, which led to significant financial losses for investors [4][6]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses in Lantheus between February 26, 2025, and August 5, 2025, to discuss their legal options [1]. - There is a deadline of November 10, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Lantheus [4]. Group 2: Financial Performance and Impact - Lantheus reported disappointing first-quarter results on May 7, 2025, with Pylarify's performance falling short of market expectations [7]. - On August 6, 2025, Lantheus announced further disappointing results, with Pylarify's revenue declining by 8.3% year-over-year and a significant reduction in fiscal year 2025 growth projections [7]. - Following these announcements, Lantheus' stock price plummeted from $72.83 per share on August 5, 2025, to $51.87 per share on August 6, 2025, marking a decline of approximately 28.8% in one day [8]. Group 3: Class Action Details - The lead plaintiff in a class action is defined as the investor with the largest financial interest who can adequately represent the class [9]. - Any member of the class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [9]. Group 4: Call for Information - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Lantheus' conduct [10].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quanex Building Products
Globenewswire· 2025-09-30 13:55
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quanex To Contact Him Directly To Discuss Their Options If you suffered losses in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, ...
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cytokinetics
Globenewswire· 2025-09-30 13:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Cytokinetics To Contact Him Directly To Discuss Their Options If you suffered losses in Cytokinetics between December 27, 2023 and May 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi ...
V.F. CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against V.F. Corporation - VFC
Prnewswire· 2025-09-27 02:30
Core Viewpoint - A securities class action lawsuit has been filed against V.F. Corporation, with a deadline for lead plaintiff applications set for November 12, 2025, for investors who acquired VFC securities between October 30, 2023, and May 20, 2025 [1][2]. Company Information - V.F. Corporation and certain executives are accused of failing to disclose material information during the class period, which constitutes a violation of federal securities laws [3]. - The company reported a significant decline in its Vans brand growth, with losses increasing from 8% to 20% in the fourth quarter of fiscal 2025, attributed to deliberate revenue reductions to eliminate unprofitable businesses [4]. Market Reaction - Following the announcement of the financial results, V.F. Corporation's share price dropped from $14.43 on May 20, 2025, to $12.15 on May 21, 2025, marking a decline of approximately 15.8% in one day [5].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PubMatic
Prnewswire· 2025-09-24 15:00
Accessibility StatementSkip Navigation Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In PubMatic To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in PubMatic between February 27, 2025 and August 11, 2025and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330Â (Ext. 1310). To learn more about the PubMatic class acti ...
LMT INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In LMT To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-09-24 14:45
Accessibility StatementSkip Navigation Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Lockheed Martin To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Lockheed Martin between January 23, 2024 and July 21, 2025and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247- 4292 or 212-983-9330Â (Ext. 1310). [You may also click here for ad ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty
Prnewswire· 2025-09-24 14:30
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices, with a deadline for investors to seek lead plaintiff status by October 7, 2025 [1][3]. Group 1: Allegations Against CTO Realty Growth - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [3]. - The company reportedly used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [3]. - The Wolfpack Research report criticized CTO for not generating enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, indicating reliance on share dilution to cover a $38 million dividend shortfall [4]. Group 2: Financial Impact and Stock Performance - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [5]. - The report highlighted that CTO has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, suggesting imminent further dilution [4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 in CTO between February 18, 2021, and June 24, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The firm is seeking to appoint a lead plaintiff who has the largest financial interest in the relief sought by the class, with any member able to move the court to serve as lead plaintiff [6].