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Deadline Alert: China Liberal Education Holdings Limited (CLEUF) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-13 17:45
Group 1 - The article discusses a class action lawsuit against China Liberal Education Holdings Limited (CLEUF) for securities fraud, with a deadline for filing a lead plaintiff motion set for March 31, 2026 [1] - The lawsuit arises from a significant drop in CLEU's stock price, which fell from $7.75 to $0.148 per share, representing a 98.1% loss, following the disclosure of 240 million previously undisclosed exchanged shares [1] - Allegations in the lawsuit include that the defendants made materially false statements and failed to disclose adverse facts about the company's operations, including involvement in a pump-and-dump scam [1] Group 2 - The article also mentions that CLEU was delisted by NASDAQ in June 2025, further impacting investor confidence [1] - Investors are encouraged to contact Glancy Prongay Wolke & Rotter LLP for more information on participating in the class action lawsuit [1]
Law Offices of Frank R. Cruz Encourages Kyndryl Holdings, Inc. (KD) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-13 17:07
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for securities fraud, following significant management departures and issues with financial reporting, leading to a substantial drop in stock price [1]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of shareholders who acquired Kyndryl securities between August 7, 2024, and February 9, 2026, with a deadline for filing a lead plaintiff motion set for April 13, 2026 [1]. - The lawsuit alleges that Kyndryl made materially false and misleading statements regarding its business operations and financial health during the class period [1]. - Specific allegations include that Kyndryl's financial statements were materially misstated, lacked adequate internal controls, and that the company would be unable to timely file its quarterly report [1]. Group 2: Company Developments - On February 9, 2026, Kyndryl announced the immediate departure of its CFO and General Counsel, which raised concerns about its internal controls and financial reporting practices [1]. - The company indicated it anticipates reporting material weaknesses in its internal control over financial reporting, particularly regarding communication and management practices [1]. - Following these announcements, Kyndryl's stock price fell by $12.90, or 54.9%, closing at $10.59 per share on the same day [1].
KLARNA GROUP PLC (KLAR) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by February 20, 2026
TMX Newsfile· 2026-02-13 14:36
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of investors who acquired Klarna securities during the specified class period, alleging omissions in the IPO registration statement regarding potential increases in loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's IPO Registration Statement failed to disclose critical information, particularly the understatement of potential increases in loss reserves post-IPO [3]. - The complaint indicates that starting from November 18, 2025, reports emerged about Klarna increasing its provisions for credit losses due to rising defaults among its customers [3]. Group 2: Financial Performance - As of the lawsuit filing, Klarna shares were trading at $31.31, which is significantly lower than the IPO price of $40 [4]. Group 3: Company Overview - Klarna, headquartered in Stockholm, Sweden, is a financial technology company that facilitates loans for small purchases, including food delivery services [2].
FRMI SECURITIES NOTICE: Did Fermi Inc. Mislead Investors about its Customer Agreement? Contact BFA Law about the Pending Securities Fraud Class Action
Globenewswire· 2026-02-13 12:07
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].
CoreWeave, Inc. (NASDAQ:CRWV) Accused of Misleading Investors in Securities Fraud Class Action – BFA Law Reminds Investors of March 13 Court Deadline
Globenewswire· 2026-02-13 12:07
Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and its senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure, relying on partners like Core Scientific for development [4]. Allegations of Securities Fraud - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed construction delays at its data centers, despite assurances of being able to capitalize on unprecedented demand [5]. Stock Performance and Impact - On October 30, 2025, CoreWeave's stock dropped by $8.87 (over 6%) after Core Scientific failed to secure enough shareholder votes for a merger, leading to the termination of the merger agreement [6]. - Following a revenue guidance cut on November 10, 2025, due to construction delays, the stock fell by $17.22 (over 16%) [7]. - A report on December 15, 2025, regarding further delays in a major data center project led to an additional drop of $2.85 (over 3%) in stock price [8].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Mereo BioPharma Group plc of Class Action Lawsuit and Upcoming Deadlines - MREO
Prnewswire· 2026-02-12 23:51
Core Viewpoint - A class action lawsuit has been filed against Mereo BioPharma Group plc, alleging securities fraud and unlawful business practices related to the company's clinical trial results and stock price decline [1]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Mereo and certain officers/directors engaged in securities fraud or other unlawful business practices [1]. - Investors who purchased Mereo securities during the Class Period have until April 6, 2026, to request to be appointed as Lead Plaintiff [1]. Group 2: Clinical Trial Results - On July 9, 2025, Mereo and Ultragenyx Pharmaceutical announced that the Phase 3 Orbit study was progressing toward a final analysis, which led to a 42.52% drop in Mereo's ADR price, closing at $1.69 per share on July 10, 2025 [1]. - On December 29, 2025, Mereo announced that neither the Orbit nor the Cosmic Phase 3 studies achieved statistical significance, resulting in an 87.7% decline in ADR price, closing at $0.29 per ADR [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PayPal Holdings, Inc.- PYPL
Prnewswire· 2026-02-12 23:51
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PayPal Holdings, Inc.- PYPL [Accessibility Statement] Skip NavigationNEW YORK, Feb. 12, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PayPal Holdings, Inc. ("PayPal" or the "Company") (NASDAQ: PYPL). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether PayPal and certain of its officers and/or directors h ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Citizens BancShares, Inc. - FCNCA
Prnewswire· 2026-02-12 23:51
Core Insights - Pomerantz Law Firm is investigating claims on behalf of investors of First Citizens BancShares, Inc. regarding potential securities fraud or unlawful business practices [1] - First Citizens reported a fourth-quarter financial performance that missed analyst expectations, with an efficiency ratio of 64.5%, which is a decline from the previous year [1] - Following the financial report, First Citizens' stock price dropped by $186.97, or 8.49%, closing at $2,016.56 per share [1] Financial Performance - The efficiency ratio for First Citizens was reported at 64.5%, indicating a worsening situation compared to the prior year [1] - The company provided a weaker outlook for revenue, projecting deterioration and weak net interest income for the upcoming year [1] Market Reaction - The announcement of the financial results led to a significant decline in First Citizens' stock price, reflecting investor concerns [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Atlassian Corporation - TEAM
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Atlassian Corporation 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 a recent downgrade from Citi, which cut its price target on Atlassian stock from $240 to $210, citing concerns over the quality of topline growth and disruption from code assistant platforms [1] - Following the downgrade, Atlassian's stock price dropped by $9.90 per share, or 7.71%, closing at $118.55 on January 16, 2026 [1] Group 2: Firm 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 the rights of victims of securities fraud and corporate misconduct [1] - The firm has successfully recovered numerous multimillion-dollar damages awards for class members in the past [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pinterest, Inc. - PINS
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating claims of potential securities fraud or unlawful business practices by Pinterest, Inc. and its officers or directors, following a significant restructuring announcement that impacted the company's stock price [1]. Group 1: Company Actions - On January 27, 2026, Pinterest announced a global restructuring plan that includes a workforce reduction affecting less than 15% of its employees and a reduction in office space [1]. - The company anticipates incurring pre-tax restructuring charges of approximately $35 million to $45 million, primarily related to cash expenditures [1]. - The restructuring aims to support transformation initiatives, including reallocating resources to AI-focused roles, prioritizing AI-powered products, and accelerating changes in sales and go-to-market strategies [1]. Group 2: Market Reaction - Following the announcement of the restructuring plan, Pinterest's stock price fell by $2.49 per share, or 9.61%, closing at $23.41 per share on January 27, 2026 [1].