Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DoubleVerify Holdings, Inc. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by July 21, 2025 [2][4]. Group 1: Allegations Against DoubleVerify - The complaint alleges that DoubleVerify misled investors by failing to disclose that customers were shifting ad spending from open exchanges to closed platforms, where the company's capabilities were limited [4]. - It is claimed that the monetization of DoubleVerify's high-margin Activation Services was hindered due to the expensive and time-consuming development of technology for closed platforms [4]. - The complaint states that DoubleVerify's competitors were better positioned to incorporate AI into their offerings, negatively impacting the company's competitive edge and profits [4]. - Allegations include that DoubleVerify systematically overbilled customers for ad impressions served to declared bots, and that risk disclosures were materially false and misleading [4]. Group 2: Impact of Allegations - The truth about DoubleVerify's financial struggles was revealed on February 27, 2025, when the company reported lower-than-expected fourth quarter 2024 sales and earnings, leading to a significant stock price drop of $7.83 per share, or 36% [5]. - The stock price fell from a closing price of $21.73 on February 27, 2025, to $13.90 on February 28, 2025, following the disclosure of reduced customer spending and service suspensions [5]. Group 3: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, overseeing the litigation on behalf of the class [6]. - Any member of the class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [6].

Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. due to alleged securities fraud affecting investors between February 25, 2025, and May 7, 2025 [1][2] Group 1: Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [2] - It is alleged that the decline in demand at McDonald's contributed to decreasing average sales per door per week [2] - The partnership with McDonald's is claimed to be unprofitable, posing a substantial risk to its continuation [2] - As a result of these issues, the company is said to have paused its expansion into new McDonald's locations [2] - The defendants' positive statements regarding the company's business and prospects are alleged to be materially misleading and lacking a reasonable basis [2] Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until July 15, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]

Core Viewpoint - A class action lawsuit has been filed against Fortrea Holdings, Inc. for allegedly making false and misleading statements regarding its financial performance and business prospects during the Class Period from July 3, 2023, to February 28, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Fortrea overestimated revenue contributions from Pre-Spin Projects and overstated cost savings from exiting transition service agreements, leading to inflated EBITDA targets for 2025 [5]. - It is alleged that Fortrea's public statements were materially false and misleading, which resulted in investor damages when the true details became known [5]. Group 2: Participation Information - Investors who purchased Fortrea securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the Rosen Law Firm for more information [3][6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [3][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $75,000 in Vestis between May 2, 2024, and May 6, 2025, to discuss their legal options [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [3]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [5]. Group 2: Financial Performance and Stock Impact - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [6]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating challenges in customer retention and growth [6]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [6].

Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about a class action lawsuit related to the company's initial public offering and subsequent performance issues, with a lead plaintiff deadline set for June 16, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Ibotta securities between April 18, 2024, and February 26, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lawsuit alleges that Ibotta made false or misleading statements regarding its business operations and financial health, particularly concerning its contract with Kroger and revenue generation [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered In Organon To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Organon between October 31, 2024 and April 30, 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, June 06, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruq ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fortrea Holdings Inc. for alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by August 1, 2025 [2][4]. Company Overview - Fortrea Holdings Inc. (NASDAQ: FTRE) is under scrutiny for allegedly making false or misleading statements regarding its financial performance and business model [4]. - The company has faced significant stock price declines following negative reports and announcements, indicating potential weaknesses in its business model and financial projections [5][6][7]. Financial Performance - Fortrea's stock price fell by $2.73 (12.29%) to $19.48 on September 25, 2024, after Jefferies downgraded the stock from buy to hold, citing concerns over the company's business model and cost savings [5]. - Following a downgrade by Baird Equity Research on December 6, 2024, the stock price dropped by $1.90 (8.06%) to $21.67, attributed to concerns about the company's communication and sector challenges [6]. - On March 3, 2025, Fortrea announced that its revenue and adjusted EBITDA expectations for 2025 were not aligned with prior forecasts, leading to a stock price decline of $3.47 (25.05%) to $10.38 [7]. Legal Proceedings - A federal securities class action has been filed against Fortrea, and investors who suffered losses are encouraged to contact Faruqi & Faruqi for potential legal recourse [2][4][9]. - The role of lead plaintiff in the class action is open to any member of the putative class, with the deadline for applications set for August 1, 2025 [8].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Open Lending Corporation due to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by June 30, 2025 [3][5]. Group 1: Allegations Against Open Lending - The complaint alleges that Open Lending and its executives made false or misleading statements and failed to disclose material adverse facts about the company's business and operations [5]. - Specific allegations include misrepresentation of the company's risk-based pricing models, misleading statements regarding profit share revenue, and failure to disclose the significant depreciation of 2021 and 2022 vintage loans [5]. - The company is accused of misrepresenting the underperformance of its 2023 and 2024 vintage loans, leading to materially misleading statements about its business prospects [5]. Group 2: Stock Price Impact - Following the announcement of a postponed earnings release on March 17, 2025, Open Lending's stock price fell by $0.40, or 9.3%, closing at $3.91 per share [7]. - On March 31, 2025, the company reported a significant year-over-year increase in net loss for Q4 2024, which contributed to a further decline in stock price [7]. - On April 1, 2025, Open Lending's stock price dropped by $1.59, or 57.61%, closing at $1.17 per share, indicating substantial investor injury [8]. Group 3: Legal Proceedings - The court-appointed lead plaintiff will be the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [9]. - Any member of the class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [9]. - Faruqi & Faruqi encourages individuals with information regarding Open Lending's conduct to come forward, including whistleblowers and former employees [10].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have negatively impacted the company's stock price and investor confidence [2][4]. Group 1: Company Performance and Financials - NET Power's stock price fell by $2.47 per share, or 18.54%, closing at $10.85 on November 14, 2023, following the announcement of a significant delay in Project Permian's operational timeline [6]. - On March 10, 2025, NET Power disclosed that Project Permian's total installed cost is now estimated to be between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion, and the project is now expected to come online no earlier than 2029 [7]. - The company ended 2024 with $533 million in cash, down from $580 million, primarily due to operating cash outflows and capital expenditures [7]. Group 2: Project Permian Updates - The company announced a 12-month cushion in its expected schedule for Project Permian, now anticipating initial power generation between the second half of 2027 and the first half of 2028, a significant delay from the original 2026 target [5]. - The complaint alleges that NET Power and its executives failed to disclose the likelihood of delays and increased costs associated with Project Permian due to supply chain issues and other challenges [4]. Group 3: Management Changes - On April 15, 2025, NET Power announced the departure of its President and COO, as well as its CFO, effective May 1, 2025, which led to a further decline in stock price by $0.13 per share, or 5.75%, closing at $2.13 on April 16, 2025 [8].

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased the securities of Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT) between March 18, 2022 and January 15, 2025, both dates inclusive (the “Class Period”). The Complaint alleges that Defendants throughout the Class Period made false and/or misl ...