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Law Offices of Howard G. Smith Encourages Inovio Pharmaceuticals, Inc. (INO) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-13 17:29
Core Viewpoint - A class action lawsuit has been filed against Inovio Pharmaceuticals, Inc. for alleged securities fraud, impacting investors who purchased shares between October 10, 2023, and December 26, 2025 [1]. Group 1: Lawsuit Details - The lawsuit claims that Inovio made materially false and misleading statements regarding its business operations and prospects during the class period [1]. - Investors have until April 7, 2026, to file a lead plaintiff motion in the ongoing lawsuit [1]. - The complaint alleges that Inovio failed to disclose significant issues related to its CELLECTRA device manufacturing and the likelihood of timely FDA submission for its INO-3107 treatment [1]. Group 2: Stock Price Impact - Following the announcement of a delay in the BLA submission for INO-3107 due to manufacturing issues, Inovio's stock price fell by $0.27, or 3.1%, closing at $8.44 on August 9, 2024 [1]. - On December 29, 2025, after the FDA accepted the INO-3107 BLA on a standard review timeline, the stock price dropped by $0.56, or 24.45%, closing at $1.73 [1]. Group 3: Allegations of Misleading Information - The lawsuit alleges that Inovio overstated the regulatory and commercial prospects of INO-3107, leading to materially misleading statements about the company's business [1]. - Specific allegations include deficiencies in manufacturing for the CELLECTRA device and insufficient information to justify eligibility for FDA accelerated approval [1].
Deadline Alert: Oracle Corporation (ORCL) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-13 17:08
KD) securities between August 7, 2024 and February 9, 2026, inclusive (the "Class Period†). Kyndryl investors have until April 13, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON...## Securities Fraud Investigation Into ICON Public Limited Company (ICLR) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law FirmLOS ANGELES--([BUSINESS WIRE])--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law fir ...
KD INVESTOR ALERT: Kyndryl Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead the Class Action Lawsuit
Prnewswire· 2026-02-13 14:10
Core Viewpoint - Kyndryl Holdings, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of materially misstated financial statements and inadequate internal controls [1][1][1] Summary by Relevant Sections Class Action Lawsuit Details - The class action lawsuit is titled Brander v. Kyndryl Holdings, Inc., and covers the period from August 7, 2024, to February 9, 2026 [1] - Investors who suffered substantial losses during this period can seek to be appointed as lead plaintiff by April 13, 2026 [1] Allegations Against Kyndryl - The lawsuit alleges that Kyndryl made false or misleading statements and failed to disclose that: - Financial statements during the Class Period were materially misstated [1] - Kyndryl lacked adequate internal controls and understated issues with these controls [1] - Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [1] - On February 9, 2026, Kyndryl filed a Notification of Late Filing, indicating it could not file its Quarterly Report on time [1] Internal Review and Management Changes - Kyndryl is reviewing its cash management practices and internal controls following requests from the SEC [1] - The company anticipates reporting material weaknesses in its internal control over financial reporting for the fiscal year ended March 31, 2025, and the first two quarters of fiscal year 2026 [1] - Key management changes include the immediate departure of the Chief Financial Officer and General Counsel, along with a Senior Vice President stepping down from their position [1] Stock Price Impact - Following the announcement of these issues, Kyndryl's stock price fell by 55% [1]
CLASS ACTION NOTICE: Berger Montague Advises Beyond Meat, Inc. (BYND) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-02-13 13:41
Core Viewpoint - A class action lawsuit has been filed against Beyond Meat, Inc. on behalf of investors who acquired its securities during the specified Class Period, alleging misleading statements regarding the company's financial health and operations [1][4]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, representing investors who purchased Beyond Meat securities from February 27, 2025, to November 11, 2025 [1][2]. - Investors have until March 24, 2026, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Company Performance and Statements - Throughout the Class Period, Beyond Meat claimed it was focused on achieving EBITDA-positive operations by the end of 2026, emphasizing cost reductions and gross margin expansion while downplaying revenue growth [3]. - The complaint alleges that Beyond Meat's statements were materially false and misleading, as the company failed to disclose impairments of long-lived assets and the likelihood of a significant non-cash impairment charge [4]. Group 3: Stock Impact - On October 24, 2025, Beyond Meat announced it expected to record a material impairment charge, leading to a stock price drop of over 23% in one trading day [4]. - Subsequent disclosures in November 2025 regarding delayed SEC filings and $77.4 million in impairment charges resulted in further stock declines of approximately 16%, 9%, and 9%, causing substantial losses for investors [4].
HOULIHAN LOKEY INVESTIGATION ALERT: Kaskela Law Firm is Investigating Houlihan Lokey, Inc. (NYSE: HLI) and Encourages HLI Stockholders to Contact the Firm
Globenewswire· 2026-02-13 13:00
Core Viewpoint - Kaskela Law LLC has initiated an investigation on behalf of Houlihan Lokey, Inc. shareholders to assess potential violations of securities laws or breaches of fiduciary duties by the company and its officers in relation to recent corporate actions [1]. Group 1 - The investigation is focused on determining whether Houlihan Lokey and its leadership acted inappropriately concerning the interests of investors [1]. - Shareholders of Houlihan Lokey are encouraged to reach out to Kaskela Law LLC for more information regarding their legal rights and options [2]. - Kaskela Law LLC specializes in representing investors in cases of securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis [2].
BellRing Brands, Inc. (NYSE:BRBR) Accused of Misleading Investors in BFA Law's Securities Fraud Class Action – Court Deadline is March 23
Globenewswire· 2026-02-13 12:07
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [3]. Allegations of Securities Fraud - The lawsuit claims that BellRing misrepresented its sales growth as being driven by increased consumer demand, attributing it to "organic growth," "distribution gains," and "strong macro tailwinds around protein," while downplaying competitive pressures [3]. - It is alleged that the actual sales growth was due to key customers stockpiling inventory rather than genuine consumer demand, and that competitive pressures were materially weakening demand [3]. Stock Price Decline - On May 6, 2025, BellRing's CFO announced that several key retailers had reduced their inventory levels, leading to a projected mid-single-digit headwind for Q3 growth, resulting in a stock price drop of $14.88 per share, or 19%, from $78.43 to $63.55 [4]. - Following the Q3 2025 financial results reported on August 4, 2025, which included a narrowed fiscal year outlook due to increased competition, the stock price fell by $17.46 per share, nearly 33%, from $53.64 to $36.18 on August 5, 2025 [5][6].
Plug Power Inc. (NASDAQ:PLUG) Accused of Misleading Investors in Securities Fraud Class Action – BFA Law Reminds Investors of April 3 Court Deadline
Globenewswire· 2026-02-13 12:07
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. - The company announced a "closed a $1.66 billion loan guarantee" from the U.S. Department of Energy to finance the construction of hydrogen production facilities [4]. Group 3: Stock Performance and Events - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the abrupt departure of its CEO and President [5]. - On November 10, 2025, the company announced the suspension of activities under the DOE loan program, leading to a stock drop of $0.09 per share (3.4%) [6]. - On November 13, 2025, it was reported that Plug Power confirmed the suspension of plans to construct hydrogen facilities, resulting in a stock drop of $0.48 per share (17.6%) [7].
QURE Investors Have Opportunity to Lead uniQure N.V. Securities Fraud Lawsuit
Prnewswire· 2026-02-13 06:22
Core Viewpoint - A class action lawsuit has been initiated against uniQure N.V. for alleged securities fraud, with a focus on misrepresentations regarding the company's drug candidate and regulatory approvals [1] Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of uniQure ordinary shares between September 24, 2025, and October 31, 2025 [1] - Investors who purchased shares during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - The lawsuit claims that uniQure misrepresented the approval status of its Pivotal Study and downplayed the likelihood of delays in its Biologics License Application (BLA) timeline [1] Group 2: Legal Representation - Rosen Law Firm, known for its success in securities class actions, is leading the lawsuit and encourages investors to select qualified counsel [1] - The firm has a strong track record, having achieved significant settlements for investors, including over $438 million in 2019 [1] - Investors can join the class action by contacting Rosen Law Firm through their website or phone [1] Group 3: Implications for Investors - The lawsuit alleges that when the true details about uniQure's business and operations were revealed, investors suffered damages [1] - A lead plaintiff is needed to represent the class, and interested parties must move the Court by April 13, 2026 [1] - Until the class is certified, investors are not represented by counsel unless they retain one [1]
KD Investors Have Opportunity to Lead Kyndryl Holdings, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2026-02-13 03:01
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for securities fraud, alleging that the company made false statements and failed to disclose material issues regarding its financial statements and internal controls during the class period from August 7, 2024, to February 9, 2026 [1][1][1] Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls, which led to an inability to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [1][1][1] - It is alleged that the misleading statements about Kyndryl's business operations and prospects caused investors to suffer damages when the true details became public [1][1][1] Class Action Participation - Investors who purchased Kyndryl securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][1][1] - To join the class action, investors can visit the provided link or contact the law firm directly for more information [1][1][1] Law Firm Background - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 alone [1][1][1] - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [1][1][1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices by Ashford Hospitality Trust, Inc. and its officers or directors [1] Group 1: Company Actions - On January 13, 2026, Ashford announced the extension of its Highland mortgage loan secured by 18 hotels [1] - To maintain liquidity while evaluating strategic alternatives, Ashford suspended preferred dividends for various series of preferred stock, including those declared for record holders as of December 31, 2025, payable on January 15, 2026 [1] Group 2: Market Reaction - Following the announcement, Ashford's stock price decreased by $0.35 per share, representing an 8.1% decline, closing at $3.97 per share on January 13, 2026 [1]