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INSP SHAREHOLDER UPDATE: Inspire Medical Systems, Inc. Hit with Securities Class Action after 32% Stock Drop – Contact BFA Law if You Lost Money
Globenewswire· 2025-12-31 13:48
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1]. Company Overview - Inspire Medical Systems, Inc. develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [4]. Allegations and Issues - The lawsuit claims that Inspire misled investors by assuring them that all necessary steps were taken for the launch of Inspire V, which was supposed to meet high demand [5]. - Contrary to these assurances, Inspire allegedly failed to prepare clinicians and payors adequately, leading to significant delays in the device's adoption and weak demand due to customers having excess inventory of older devices [6]. Stock Performance - On August 4, 2025, Inspire disclosed that the launch of Inspire V would face an "elongated timeframe," resulting in a reduction of its 2025 earnings per share guidance by over 80% [7]. - Following this announcement, Inspire's stock price dropped by $42.04 per share, or more than 32%, from $129.95 on August 4, 2025, to $87.91 on August 5, 2025 [8].
LRN SHAREHOLDER UPDATE: Stride, Inc. Hit with Securities Class Action after 50% Stock Drop – Contact BFA Law if You Lost Money
Globenewswire· 2025-12-31 13:46
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia, under the case caption MacMahon v. Stride, Inc., et al. [3].
FLY INVESTOR ALERT: Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-12-31 13:00
Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged violations of securities laws related to its IPO and subsequent financial disclosures, which reportedly misrepresented the company's operational readiness and financial performance [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Diamond v. Firefly Aerospace Inc. and involves claims against the company and its executives for misleading statements made during the IPO and throughout the class period from August 7, 2025, to September 29, 2025 [1][3]. - The lawsuit alleges that Firefly Aerospace overstated demand for its Spacecraft Solutions and the viability of its Alpha rocket program, which could have a significant negative impact on the company once revealed [3][4]. Group 2: Financial Performance - Firefly Aerospace reported a loss of $80.3 million for Q2 2025, an increase from a loss of $58.7 million in Q2 2024, and revenue of $15.55 million, which was below analyst expectations of $17.25 million and a 26.2% decrease from the previous year [4]. - The company's Spacecraft Solutions segment reported revenue of only $9.2 million, reflecting a 49% year-over-year decline, contributing to a significant drop in share price of over 15% following the earnings report [4]. Group 3: Subsequent Developments - On September 29, 2025, Firefly Aerospace disclosed an incident involving the loss of the first stage of its Alpha Flight 7 rocket, which led to a further decline in share price of more than 20% [5].
Nutanix, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (NTNX)
Businesswire· 2025-12-30 23:00
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Nutanix, Inc. regarding possible violations of federal securities laws or unlawful business practices by the Company or its senior management [1] Group 1 - Nutanix published its first quarter fiscal 2026 revenue results on November 25, 2025, after the market closed [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Inovio Pharmaceuticals, Inc. - INO
Globenewswire· 2025-12-30 21:25
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Inovio Pharmaceuticals and its executives following the FDA's rejection of the company's request for accelerated approval of its treatment INO-3107 [1][3]. Group 1: FDA Announcement - On December 29, 2025, the FDA accepted Inovio's Biologics License Application (BLA) for INO-3107, a treatment for recurrent respiratory papillomatosis, but did not find sufficient information for accelerated approval [3]. - Inovio announced it does not plan to pursue approval under the standard review timeline and intends to meet with the FDA to discuss options for accelerated approval [3]. Group 2: Stock Market Reaction - Following the FDA announcement, Inovio's stock price dropped by $0.56 per share, representing a decline of 24.45%, closing at $2.29 per share on December 29, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Village Farms International, Inc. - VFF
Globenewswire· 2025-12-30 21:19
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Village Farms International, Inc. and its officers or directors [1]. Group 1: Company Developments - On December 2, 2025, Village Farms announced it did not receive a conditional medical license from the Texas Department of Public Safety, which was part of the Phase I license awards [3]. - Following this announcement, Village Farms' stock price decreased by $0.37 per share, representing a 9.3% decline, closing at $3.61 per share on the same day [3]. Group 2: Legal Investigation - Pomerantz LLP is reaching out to investors of Village Farms to discuss claims related to potential securities fraud [1]. - The firm 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 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ventyx Biosciences, Inc. - VTYX
Globenewswire· 2025-12-30 20:46
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Ventyx Biosciences, Inc. and its officers or directors [1] Group 1: Company Developments - On December 2, 2025, Ventyx announced a revision of its guidance for the topline data release from the interim analysis of its Phase 2 study of VTX2735, now expected in Q1 2026 [3] - The CEO indicated that this shift allows for the introduction of dose-ranging studies with a new once-daily formulation and expansion into Canada, the EU, and the UK, which is believed to accelerate Phase 3 timelines [3] - Following this announcement, Ventyx's stock price decreased by $1.44 per share, or 15.35%, closing at $7.94 per share on the same day [3] Group 2: Legal Investigation - Pomerantz LLP is actively seeking claims from investors of Ventyx regarding potential securities fraud [1] - The firm 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 [4]
ITGR CLASS ACTION ALERT: Integer Holdings Corporation Sued for Securities Fraud after Lowered Sales Outlook, Investors Notified to Contact BFA Law by February 9
TMX Newsfile· 2025-12-30 20:36
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 [5][4]. Stock Price Decline - On October 23, 2025, Integer revised its 2025 sales guidance down to between $1.840 billion and $1.854 billion, a decrease from the previous range of $1.850 billion to $1.876 billion, which was below analysts' expectations. The company also projected poor 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 on October 22, 2025, to $73.89 on October 23, 2025 [6]. Legal Proceedings - Investors have until February 9, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York, under the case caption West Palm Beach Firefighters' Pension Fund v. Integer Holdings Corporation, et al. [3]. Legal Representation - Bleichmar Fonti & Auld LLP, a leading international law firm, is representing the plaintiffs in this class action lawsuit, having a strong track record in securities class actions and shareholder litigation [8].
KMX CLASS ACTION ALERT: CarMax, Inc. Sued for Securities Fraud after Demand Issues and CEO Departure, Investors Notified to Contact BFA Law by Friday's January 2 Deadline
TMX Newsfile· 2025-12-30 20:36
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Maryland, titled Jason Cap v. CarMax, Inc., et al., No. 1:25-cv-03602, with investors having until January 2, 2026, to seek lead plaintiff status [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [3]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [6]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [6]. - Following the financial report, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [7]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock drop of over 24% [7]. Group 3: Company Background - CarMax operates in the used car sales industry, promoting a strong demand for its vehicles based on customer experience [4]. - The firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is leading the lawsuit against CarMax [9].
Ultragenyx Pharmaceutical, Inc. Investigated by the Portnoy Law Firm
Globenewswire· 2025-12-30 19:24
Core Viewpoint - The Portnoy Law Firm has initiated an investigation into Ultragenyx Pharmaceutical, Inc. for possible securities fraud following the failure of its clinical trials, which has led to a significant drop in the company's stock price [1][3]. Group 1: Company Performance - On December 29, 2025, Ultragenyx announced that its Phase III Orbit and Cosmic studies for setrusumab (UX143) did not meet their primary endpoint of reducing annualized clinical fracture rates compared to placebo and biophosphonates [3]. - Although the studies showed improvements in secondary endpoints related to bone material density, these did not correlate with a statistically significant reduction in fractures [3]. - Following the announcement, Ultragenyx's stock price fell by $14.87 (43.49%) to open at $19.32 per share, marking a new 52-week low, significantly below the previous low of $25.81 [3]. Group 2: Legal Actions - The Portnoy Law Firm is representing investors in pursuing claims related to corporate wrongdoing, and has a history of recovering over $5.5 billion for aggrieved investors [3]. - Investors are encouraged to contact the firm for a complimentary case evaluation and to discuss their legal rights regarding potential claims [2].