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KLAR INVESTOR ALERT: Klarna Group plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-30 19:15
Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging that the offering documents were misleading regarding the company's financial risks and loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Nayak v. Klarna Group plc, allows investors who purchased Klarna securities during the IPO to seek appointment as lead plaintiff by February 20, 2026 [1][5]. - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. - The lawsuit claims that Klarna understated the risk of increased loss reserves shortly after the IPO, which was known or should have been known by the company's executives [3]. Group 2: Financial Performance and Stock Price - Following the IPO, Klarna reported a net loss of $95 million as of November 18, 2025, and increased its provisions for loan losses to $235 million, exceeding analyst expectations [4]. - The provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year [4]. - By the time the class action lawsuit commenced, Klarna's stock price had dropped to $31.31 per share, significantly below the IPO price of $40 [4]. Group 3: Legal Representation and Firm Background - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, highlighting its significant role in investor protection [6].
SFM Equity Alert: Kessler Topaz Meltzer & Check, LLP Alerts Shareholders of Securities Fraud Class Action Lawsuit Filed against Sprouts Farmers Market, Inc. (SFM)
Globenewswire· 2025-12-30 18:29
Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly making false and misleading statements regarding its financial stability and growth during a period of macroeconomic instability [1][2]. Group 1: Allegations Against Sprouts - The lawsuit claims that Sprouts' reports of growth and stability were overly optimistic and did not reflect the reality of its consumer base's resilience to economic pressures [2]. - It is alleged that Sprouts' ability to meet its growth projections was overstated, leading to a failure in achieving its financial goals [2]. - The complaint indicates that the positive statements made by the company regarding its business operations were materially false and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the class period from June 4, 2025, to October 29, 2025, can seek to be appointed as lead plaintiffs by January 26, 2026 [3]. - A lead plaintiff represents the interests of all class members in the litigation and is typically the investor with the largest financial stake [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities-fraud class actions and has a strong track record in investor protection [4]. - The firm has received numerous accolades for its work in securities litigation and operates globally with offices in Pennsylvania and California [4].
StubHub Holdings, Inc. (STUB) Securities Fraud: Contact Berger Montague to Discuss Your Rights
TMX Newsfile· 2025-12-30 18:11
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. on behalf of investors who acquired StubHub securities during the specified class period, particularly related to its September 2025 IPO [1][2]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, representing investors who purchased StubHub securities from September 14, 2025, to November 24, 2025 [1]. - Investors have until January 23, 2026, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Allegations - The complaint alleges that StubHub's IPO Registration Statement did not disclose significant changes in the timing of payments to vendors, which adversely affected the company's free cash flow [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fermi Inc. - FRMI
Globenewswire· 2025-12-30 17:52
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Fermi Inc. and its officers or directors, following significant stock price decline after a key tenant terminated an agreement [1][3][4]. Group 1: Company Overview - Fermi Inc. completed its initial public offering (IPO) on October 1, 2025, offering 32.5 million shares at a price of $21.00 per share [3]. - The company is involved in the development of a data center campus known as Project Matador [3]. Group 2: Recent Developments - On December 12, 2025, Fermi announced that the first potential tenant for Project Matador had terminated its Advance in Aid of Construction Agreement, which involved Fermi agreeing to advance up to $150 million for construction costs [3]. - Following the announcement of the tenant's termination, Fermi's stock price dropped by $6.66 per share, representing a 43.67% decline, closing at $8.59 per share on December 15, 2025 [4]. Group 3: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Fermi investors regarding possible securities fraud or other unlawful practices by the company and its executives [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADC Therapeutics SA - ADCT
Globenewswire· 2025-12-30 17:50
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by ADC Therapeutics and its officers or directors, following a significant stock price drop after the release of clinical trial data [1][4]. Group 1: Investigation Details - Pomerantz LLP is representing investors of ADC Therapeutics and is urging them to contact the firm regarding the investigation [1]. - The investigation focuses on whether ADC Therapeutics has engaged in securities fraud or other unlawful business practices [1]. Group 2: Clinical Trial Data - On December 3, 2025, ADC Therapeutics announced updated data from the LOTIS-7 Phase 1b clinical trial for ZYNLONTA® in combination with glofitamab for patients with relapsed or refractory diffuse large B-cell lymphoma [3]. - The press release highlighted positive aspects of the data but also noted adverse events in two patients, with one being treatment-related, and reported that cytokine release syndrome occurred in 36.7% of patients across dose levels [3]. Group 3: Stock Price Reaction - Following the announcement of the clinical trial data, ADC Therapeutics' stock price fell by $0.65 per share, representing a 14.13% decrease, closing at $3.95 per share on December 3, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SNDL Inc. - SNDL
Globenewswire· 2025-12-30 17:49
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving SNDL Inc. and its officers or directors [1] Group 1: Company Developments - On December 15, 2025, SNDL announced an amendment to its agreement to acquire 32 cannabis retail stores from 1CM Inc., maintaining a total purchase price of $32.2 million in cash, but splitting the acquisition into two closings for regulatory approval [3] - Following the announcement of the amended agreement, SNDL's stock price decreased by $0.29 per share, or 13.12%, closing at $1.92 per share on the same day [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Air Products and Chemicals, Inc. - APD
Globenewswire· 2025-12-30 17:49
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Air Products and Chemicals, Inc. and its officers or directors [1] Group 1: Company Developments - On December 8, 2025, Air Products announced advanced negotiations with Yara International to combine its industrial gas capabilities and low-emission hydrogen production with Yara's ammonia production, shipping, and terminals, focusing on European demand [3] - Following the announcement, Air Products' stock price decreased by $24.64 per share, or 9.45%, closing at $236.05 per share on the same day [3] Group 2: Legal Investigation - Pomerantz LLP is representing investors of Air Products in an investigation regarding possible securities fraud or other unlawful business practices [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Aerovironment, Inc. - AVAV
Globenewswire· 2025-12-30 17:49
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Aerovironment, Inc. and its officers or directors, following disappointing financial results that led to a significant drop in stock price [1][3]. Financial Performance - On December 9, 2025, Aerovironment reported earnings per share of $0.44, which was below the consensus estimate of $0.80 [3]. - The company's gross margins decreased to 20.9% from 43% in the same quarter of the previous year, with the cost of goods sold rising to 79% of revenue [3]. - Aerovironment incurred a loss of $67.4 million for the quarter, contrasting with a profit of $21.2 million in the same period the previous year [3]. Stock Market Reaction - Following the financial report, Aerovironment's stock price fell by $36.17 per share, or 12.85%, closing at $245.25 per share on December 10, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rezolute, Inc. - RZLT
Globenewswire· 2025-12-30 17:45
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Rezolute, Inc. and its officers or directors following disappointing clinical trial results that led to a significant drop in the company's stock price [1][3]. Group 1: Company Overview - Rezolute, Inc. is a publicly traded company on NASDAQ under the ticker RZLT [1]. - The company recently announced topline results from its Phase 3 sunRIZE study evaluating ersodetug for congenital hyperinsulinism [3]. Group 2: Clinical Trial Results - The Phase 3 study did not meet its primary endpoint, which was to assess the change in average weekly hypoglycemia events, showing only a 45% reduction in events at the highest dose of ersodetug (10 mg/kg), which was not statistically significant compared to a 40% improvement in the placebo group [3]. - The study also failed to meet its key secondary endpoint, with a 25% reduction in average daily percent time in hypoglycemia at the 10 mg/kg dose, again not statistically significant compared to a 5% increase in the placebo group [3]. Group 3: Stock Market Reaction - Following the announcement of the clinical trial results, Rezolute's stock price fell by $9.44 per share, or 87.2%, closing at $1.77 per share on December 19, 2025 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ramaco Resources, Inc. - METC
Globenewswire· 2025-12-30 17:42
Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Ramaco Resources, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1]. Group 1: Investigation Details - The investigation is prompted by allegations from Wolfpack Research that Ramaco's Brook Mine project is a "hoax" and that the company manipulated data to misrepresent its profitability to investors [3]. - Following the allegations, Ramaco's stock price experienced a significant decline, falling by $3.81 per share, or 9.57%, closing at $36.01 per share on October 23, 2025 [3]. Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [3].