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JHX INVESTOR ALERT: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Globenewswire· 2025-11-21 03:04
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit due to alleged misrepresentations regarding its North America Fiber Cement sales performance during a period of inventory destocking, leading to significant stock price decline [1][3][4]. Company Overview - James Hardie Industries plc designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. Class Action Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - The lawsuit claims that during the class period from May 20, 2025, to August 18, 2025, the company and its executives made false statements about the strength of their sales, despite evidence of inventory destocking [3]. - On August 19, 2025, James Hardie disclosed a 12% decline in North America Fiber Cement sales, which resulted in a stock price drop of over 34% [4]. Legal Process - Investors who purchased James Hardie common stock during the class period can seek appointment as lead plaintiff in the lawsuit, which allows 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 the ability to share in any potential recovery [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SCHMID Group N.V. - SHMD
Prnewswire· 2025-11-20 23:36
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving SCHMID Group N.V. following a significant stock price drop after the company announced it may be delisted from Nasdaq due to failure to file its annual report for 2024 [1][2]. Group 1: Company Actions and Financial Impact - On November 17, 2025, SCHMID Group N.V. received a staff determination letter from Nasdaq indicating the potential delisting of its ordinary shares and warrants due to the failure to file its annual report for 2024 [2]. - Following the announcement, SCHMID's stock price decreased by $1.73 per share, representing a decline of 31.51%, closing at $3.76 per share on November 18, 2025 [2]. Group 2: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of investors of SCHMID Group N.V. to determine if the company and its officers or directors have engaged in securities fraud or other unlawful business practices [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited - BABA
Prnewswire· 2025-11-20 23:36
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Alibaba Group Holding Limited, following allegations of the company's technological support for Chinese military operations against U.S. targets, which has led to a decline in its stock price [1][2]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Alibaba and is looking into whether the company and its officers or directors have engaged in securities fraud or other unlawful business practices [1]. - The investigation was prompted by a report from the Financial Times, citing a White House memo, which claimed that Alibaba is providing technological support for Chinese military operations [2]. Group 2: Stock Market Reaction - Following the allegations, Alibaba's American Depositary Receipt (ADR) price fell by $6.04, or 3.78%, closing at $153.80 per ADR on November 14, 2025 [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc. - HD
Prnewswire· 2025-11-20 23:36
Core Viewpoint - Home Depot's recent financial results for Q3 2025 fell short of forecasts, leading to a significant drop in stock price, attributed to a lack of storms and consumer uncertainty impacting demand [2]. Financial Performance - Home Depot reported earnings per share and sales that missed forecasts, primarily due to the lack of storms in Q3 2025, which resulted in greater than expected pressure in certain categories [2]. - The company projected same-store sales for the full year to be "slightly positive," a downgrade from the previous expectation of a 1% increase [2]. - Adjusted earnings per share are forecasted to drop by 5%, exceeding the previously projected 2% decline [2]. - Following the announcement, Home Depot's stock price fell by $21.55 per share, or 6.02%, closing at $336.48 per share on November 18, 2025 [2]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of investors regarding potential securities fraud or unlawful business practices by Home Depot and its officers/directors [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Plug Power Inc. - PLUG
Prnewswire· 2025-11-20 23:36
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Plug Power Inc. following the company's suspension of plans to build hydrogen production facilities, which jeopardizes a significant federal loan guarantee [1][2]. Group 1: Company Actions - On November 13, 2025, Plug Power announced the suspension of plans to construct six facilities for producing and liquefying zero or low-carbon hydrogen, which puts at risk a $1.66 billion federal loan guarantee obtained in January [2]. - Following this announcement, Plug's stock price decreased by $0.48 per share, representing a 17.58% decline, closing at $2.25 per share on November 14, 2025 [2]. Group 2: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Plug Power investors regarding possible securities fraud or other unlawful business practices by the company and its officers or directors [1].
Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-20 22:36
Core Viewpoint - Investors in Six Flags Entertainment Corporation have the opportunity to lead a securities fraud class action lawsuit due to alleged undisclosed issues related to the company's merger with Cedar Fair, L.P. [1][2] Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Six Flags' registration statement and prospectus related to the July 1, 2024 merger failed to disclose significant underinvestment in parks and operations, including deferred maintenance and operational improvements [2] - It is alleged that Six Flags required millions in undisclosed capital and operational expenditures to maintain or grow its market share in the competitive amusement park industry [2] - The complaint states that the revenue and operational forecasts presented to investors were not achievable based on the company's chronic disinvestment and undisclosed capital needs [2] - Positive statements made by the defendants regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]
BABA Investors Have Opportunity to Join Alibaba Group Holding Limited Fraud Investigation with the Schall Law Firm
Businesswire· 2025-11-20 21:40
Core Viewpoint - The Schall Law Firm is investigating claims against Alibaba Group Holding Limited for potential violations of securities laws, particularly in light of allegations regarding the company's support for Chinese military operations against the U.S. [2] Group 1: Investigation Details - The investigation centers on whether Alibaba made false or misleading statements or failed to disclose critical information to investors [2] - A Reuters article dated November 14, 2025, reported that the White House accused Alibaba of providing technological support to the Chinese military, which led to a decline in Alibaba's American Depositary Receipts (ADRs) on the same day [2] Group 2: Investor Participation - Shareholders who have suffered losses are encouraged to participate in the investigation and can contact the Schall Law Firm for more information [3]
Levi & Korsinsky Notifies Primo Brands Corporation / Primo Water Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – PRMB
Globenewswire· 2025-11-20 21:28
NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Primo Brands Corporation / Primo Water Corporation ("Primo Brands Corporation / Primo Water Corporation" or the "Company") (NYSE: PRMB) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Primo Brands Corporation / Primo Water Corporation investors who were adversely affected by alleged securities fraud between June 17, 2024 and November 6, 2025. Follow the link below ...
Telix Pharmaceuticals Ltd. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 9, 2026 to Discuss Your Rights – TLX
Globenewswire· 2025-11-20 21:27
NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Telix Pharmaceuticals Ltd. ("Telix Pharmaceuticals Ltd." or the "Company") (NASDAQ: TLX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Telix Pharmaceuticals Ltd. investors who were adversely affected by alleged securities fraud between February 21, 2025 and August 28, 2025. Follow the link below to get more information and be contacted by a member of our team: ht ...
Shareholders that lost money on Avantor, Inc. (AVTR) should contact Levi & Korsinsky about pending Class Action - AVTR
Globenewswire· 2025-11-20 21:27
NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Avantor, Inc. ("Avantor, Inc." or the "Company") (NYSE: AVTR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Avantor, Inc. investors who were adversely affected by alleged securities fraud between March 5, 2024 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/avantor-inc-lawsuit-s ...