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STUB INVESTOR ALERT: StubHub Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
TMX Newsfile· 2025-12-29 10:40
Core Viewpoint - The StubHub class action lawsuit alleges that the company's IPO documents were misleading, leading to significant financial losses for investors following the public offering [3][4]. Company Overview - StubHub Holdings, Inc. operates a ticketing marketplace for live events globally [2]. - The company conducted its IPO on September 17, 2025, issuing approximately 34 million shares at an offering price of $23.50 per share [2]. Financial Performance - The lawsuit claims that StubHub's financial disclosures were materially false or misleading, particularly regarding changes in vendor payment timing that adversely affected free cash flow [3]. - For the third quarter of 2025, StubHub reported a free cash flow of negative $4.6 million, representing a 143% decrease year-over-year [3]. - The net cash provided by operating activities was reported at $3.8 million, a decline of 69.3% [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21% [3]. Stock Performance - By the time the class action lawsuit commenced, StubHub's stock price had dropped to $10.31 per share, marking a nearly 56% decline from the IPO price of $23.50 [4].
FCX INVESTOR DEADLINE: Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
TMX Newsfile· 2025-12-28 19:03
Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to safety issues at its Grasberg mine in Indonesia, which resulted in significant operational disruptions and stock price declines [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc. and covers purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][7]. - The lawsuit alleges that Freeport-McMoRan and certain executives made false statements and failed to disclose safety risks at the Grasberg mine [3]. Group 2: Incident and Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a temporary suspension of operations and a nearly 6% drop in stock price [4]. - Following the incident, on September 24, 2025, it was revealed that two team members were fatally injured, and production estimates for 2026 could be approximately 35% lower than previously expected, causing a further 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining operations across North America, South America, and Indonesia, with the Grasberg mine being a significant asset [2]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the class action, is recognized for its expertise in securities fraud and has secured over $2.5 billion for investors in 2024 alone [8].
SLM INVESTOR NOTICE: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-28 18:40
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Zappia v. SLM Corporation, allows investors who suffered losses between July 25, 2025, and August 14, 2025, to seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit alleges that SLM and its executives made false statements about the company's financial health, particularly regarding early stage delinquencies in private education loans [3][4]. Group 2: Allegations and Impact - The lawsuit claims that SLM experienced a significant increase in early stage delinquencies, contradicting previous assurances from the company's CFO about normal seasonal trends [3][4]. - A report from investment bank TD Cowen indicated that July 2025 delinquencies rose by 49 basis points month-over-month, which was worse than the expected seasonal increase of 10 basis points [4]. - Following the release of this report, SLM's stock price fell by approximately 8%, highlighting the market's reaction to the alleged misstatements [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who invested in SLM securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].
LRN REMINDER: Stride, Inc. Investors are Alerted of the Imminent January 12 Deadline and to Contact BFA Law if You Lost Money
TMX Newsfile· 2025-12-28 11:36
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 alleges 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 and deceptive practices caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - On October 28, 2025, Stride admitted to issues with customer experience, estimating a loss of 10,000-15,000 enrollments, which led to a further stock drop of $83.48 per share, over 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 [3]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a history of successful recoveries in securities litigation [8].
INSP REMINDER: Inspire Medical Systems, Inc. Investors are Alerted of the Imminent January 5 Deadline and to Contact BFA Law if You Lost Money
TMX Newsfile· 2025-12-28 11:36
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. and its senior executives for securities fraud following a significant stock drop due to alleged violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Minnesota, titled City of Pontiac Reestablished General Employees' Retirement System v. Inspire Medical Systems, Inc., et al., No. 0:25-cv-04247 [3]. - Investors have until January 5, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Inspire Medical Systems develops and manufactures an implantable medical device for treating sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [4]. Group 3: Stock Performance and Issues - Inspire assured investors that it had taken necessary steps for the launch of Inspire V, claiming high demand would be met once inventory was available [5]. - Contrary to these assurances, Inspire allegedly failed to prepare clinicians and payors adequately, leading to delays in adoption and weak demand due to excess inventory of older devices [6]. - On August 4, 2025, Inspire announced an "elongated timeframe" for the Inspire V launch and reduced its 2025 earnings per share guidance by over 80% [7]. - The 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].
SNPS TUESDAY DEADLINE: Synopsys, Inc. Investors are Alerted of the Imminent December 30 Deadline and to Contact BFA Law if You Lost Money
TMX Newsfile· 2025-12-28 11:36
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 that the company was experiencing strength in Europe and South Korea. However, it is alleged that customers required more customization for IP components, negatively impacting the economics of the Design IP business and jeopardizing the business model [5]. - On September 9, 2025, Synopsys reported Q3 2025 financial results, revealing that its Design IP segment generated revenue of $425.9 million, a 7.7% year-over-year decline, and net income of $242.5 million, a 43% year-over-year decline. The company indicated that customers needed more customization, which extended timelines and required additional resources [6]. Stock Market Reaction - Following the release of the disappointing financial results, Synopsys's stock price fell by $217.59 per share, nearly 36%, from $604.37 on September 9, 2025, to $387.78 on September 10, 2025 [6].
FFIV INVESTOR NOTICE: F5, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-27 17:12
Core Viewpoint - The F5 class action lawsuit alleges that F5, Inc. and certain executives misled investors regarding the company's revenue outlook and growth potential, while downplaying risks associated with a significant security incident [4][5]. Company Overview - F5, Inc. is a global multi-cloud application security and delivery company that enables customers to deploy, secure, and operate applications on-premises or via public cloud [3]. Allegations of the Lawsuit - The lawsuit claims that F5 created a false impression of having reliable information about its projected revenue and growth, while minimizing risks from seasonality and macroeconomic factors [4]. - It is alleged that F5 was experiencing a significant security incident that jeopardized both client security and the company's future prospects [4]. Security Incident Details - On October 15, 2025, F5 disclosed that a sophisticated nation-state threat actor had maintained long-term access to certain F5 systems, including its BIG-IP product development environment [5]. - Following this disclosure, F5's stock price fell nearly 14% over two trading days [5]. Financial Impact - On October 27, 2025, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, largely due to the security breach [6]. - The company announced expected reductions in sales and renewals, elongated sales cycles, and increased expenses related to remediation efforts, leading to an 11% drop in stock price over two trading days [6]. Legal Process for Lead Plaintiff - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased F5 securities during the Class Period to seek appointment as lead plaintiff in the lawsuit [7]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [8].
FRMI ALERT: Investigation Launched into Fermi Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
TMX Newsfile· 2025-12-27 16:30
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fermi Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1][2]. Company Overview - Fermi Inc. is developing a large electric generation campus for AI data centers. The company conducted its initial public offering (IPO) on September 30, 2025, issuing approximately 32.5 million shares at an offering price of $21.00 per share [2]. - The IPO's offering document indicated that Fermi entered into a letter of intent with an investment-grade-rated tenant to lease part of the Project Matador Site for an initial term of twenty years, with four renewal terms of five years each [2]. Recent Developments - On December 12, 2025, Fermi disclosed that the First Tenant had notified the company of the termination of the Advance in Aid of Construction Agreement (AICA) on December 11, 2025. However, negotiations for a lease agreement at Project Matador are ongoing [3]. - Following this announcement, Fermi's stock price fell more than 33%, closing at $10.09 per share, significantly below the IPO price [3].
LRN STOCK NOTICE: Stride, Inc. Upgrade Issues Lead to Securities Class Action – Contact BFA Law before January 12 Legal Deadline
Globenewswire· 2025-12-27 12:48
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 [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Investor Information - Investors are encouraged to seek additional information regarding their legal options and can submit their information to the law firm representing the class action [2][7].
KMX STOCK NOTICE: CarMax, Inc. Demand Issues and CEO Departure Lead to Securities Class Action – Contact BFA Law before January 2 Legal Deadline
Globenewswire· 2025-12-27 12:46
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]. Company Overview - CarMax, Inc. is a retailer specializing in used cars, which 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's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year, primarily due to a "pull forward" in demand caused by the announcement of U.S. tariffs on cars [6]. Stock Performance - Following the release 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 announcement regarding the 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 currently 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].