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INVESTOR ALERT: CarMax, Inc. (KMX) Investors are Notified to Contact BFA Law about the Pending Securities Fraud Class Action by January 2 Deadline
TMX Newsfile· 2025-12-29 20:33
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][3]. 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, and claims are made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 2, 2026, to request to be appointed to lead the case [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 in 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 outlook, led to an additional stock drop of over 24% [7]. Group 3: Company Background - CarMax is known for selling used cars and had previously promoted strong demand driven by a seamless customer experience [4]. - The firm Bleichmar Fonti & Auld LLP, which is representing the plaintiffs, has a history of successful recoveries in securities class actions, including over $900 million from Tesla, Inc.'s Board of Directors [9].
SNPS FINAL NOTICE: Synopsys, Inc. Investors are Notified to Contact BFA Law about the Pending Securities Fraud Class Action by Tomorrow's December 30 Deadline
TMX Newsfile· 2025-12-29 20:33
Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - Synopsys, Inc. provides design automation software products used for designing and testing integrated circuits. Its Design IP segment, which supplies pre-designed silicon components to semiconductor companies, has been the fastest-growing segment, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. Allegations and Financial Performance - The lawsuit claims that Synopsys misled investors by stating that customers relied on its IP to minimize integration risk and speed time to market, while in reality, customers required more customization, negatively impacting the economics of the Design IP business [5]. - In Q3 2025, Synopsys reported a revenue of $425.9 million for its Design IP segment, reflecting a 7.7% year-over-year decline, and a net income of $242.5 million, a 43% year-over-year decline. The company acknowledged that increased customization demands were affecting its business model [6]. Stock Market Reaction - Following the release of disappointing Q3 2025 results, Synopsys's stock price fell from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025, marking a nearly 36% decline [6].
Deadline Alert: Klarna Group plc (KLAR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-12-29 19:13
On September 10, 2025, Klarna conducted its IPO, selling 34.3 million shares at $40 per share. Then, on November 18, 2025, Klarna released its third quarter 2025 financial results, revealing that its provision for credit losses spiked by 39% due to "changes in . . . market and product mix,†and, "in particular an increased share of the U.S. market in [its] GMV [Gross Merchandise Volume].†On this news, Klarna's stock price fell $3.25, or 9.3%, to close at $31.63 per share on November 18, 2025, thereby injur ...
CCOI INVESTIGATION: Investigation Launched into Cogent Communications Holdings, Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
TMX Newsfile· 2025-12-29 16:12
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Cogent Communications Holdings, Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1]. Company Overview - Cogent Communications provides high-speed internet access, private network, and data center colocation space services [3]. Financial Performance - On November 6, 2025, Cogent Communications reported a nearly 6% year-over-year decrease in service revenue for the third quarter of 2025 [3]. - The company announced a significant dividend cut of 98%, reducing it from $1.015 per share in the prior quarter to $0.02 per share [3]. - Following the financial results announcement, Cogent Communications' share price fell nearly 35% [3].
TELIX PHARMACEUTICALS LTD. (TLX) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2025-12-29 15:40
Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2025) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Telix Pharmaceuticals Ltd. (NASDAQ: TLX) ("Telix" or the "Company") on behalf of investors who purchased Telix securities during the period of February 21, 2025 through August 28, 2025 (the "Class Period").Investor Deadline: Investors who purchased Telix securities during the Class Period may, no later than January 9, 2026, seek to ...
Six Flags Entertainment Corp. (FUN) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
TMX Newsfile· 2025-12-29 15:39
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational health [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational condition, highlighting a history of underinvestment in its parks [3]. - Investors who purchased Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - On the merger's closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20, representing a decline of nearly 64% [4].
JAYUD GLOBAL LOGISTICS LIMITED SECURITIES FRAUD NOTICE: Berger Montague Informs Jayud Global Logistics Limited (JYD) Investors of Securities Fraud Lawsuit
TMX Newsfile· 2025-12-29 15:36
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging fraudulent activities that led to a significant stock price manipulation during the Class Period from April 21, 2023, to April 30, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early April 2025 without any fundamental news to justify this increase [3]. - It is alleged that the stock price spike was driven by a fraudulent promotion campaign, which included social media manipulation and impersonation of financial professionals, along with coordinated selling by insiders and affiliates [3]. - Following the spike, Jayud's stock experienced a dramatic collapse of about 95% on April 2, 2025, resulting in substantial losses for investors [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2].
DEADLINE APPROACHING: Berger Montague Advises Fiserv, Inc. (FISV) (FI) Investors to Inquire About a Securities Fraud Class Action by January 5, 2026
TMX Newsfile· 2025-12-29 14:36
Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the specified class period, alleging misleading statements regarding the company's financial guidance and project delays [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Fiserv revised its 2025 financial guidance in July 2025 after a "re-underwriting" of its initiatives, assuring investors that delays did not affect the fundamental soundness of the projects [3]. - On October 29, 2025, Fiserv admitted that its July guidance was based on assumptions that were difficult to achieve, leading to a significant drop in share price [3]. - Following the announcement, Fiserv's share price fell by $55.57, or 44%, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3]. Group 2: Investor Information - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. - The law firm Berger Montague PC is handling the case and provides contact information for interested investors [4]. Group 3: Company Background - Fiserv, headquartered in Milwaukee, Wisconsin, is recognized as a global leader in payments and financial technology solutions [2]. - Berger Montague, the law firm involved, has a strong track record in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].
ITGR LAWSUIT: Did Integer Holdings Corporation Mislead Investors? Contact BFA Law by February 9 Legal Deadline if You Suffered Losses
Globenewswire· 2025-12-29 14:07
NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Leading international securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Integer Holdings Corporation (NYSE: ITGR) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws. If you invested in Integer, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/int ...
KMX LAWSUIT: Did CarMax, Inc. Mislead Investors? Contact BFA Law by January 2 Legal Deadline if You Suffered Losses
Globenewswire· 2025-12-29 14:07
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]. Company Overview - CarMax, Inc. is a company that sells used cars and has recently faced legal challenges due to allegations of misleading investors regarding demand for its vehicles [4]. Financial Performance - 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 posted a net income of approximately $95.4 million for Q2, down from $132.8 million in the previous year [6]. Stock Performance - Following the announcement of disappointing financial results on September 25, 2025, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [7]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 outlook, led to an additional stock price drop of over 24% [7]. Legal Proceedings - Investors have until January 2, 2026, to request to be appointed to lead the class action case, which is pending in the U.S. District Court for the District of Maryland [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in CarMax securities [3].