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INSP INVESTOR LOSSES: Inspire Medical Systems, Inc. Investors May have been Affected by Fraud – Contact BFA Law by January 5 to Protect Your Rights
Globenewswire· 2025-12-25 14:30
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1]. Company Overview - Inspire Medical Systems develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [4]. Lawsuit Details - Investors have until January 5, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Minnesota [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Inspire stock [3]. Stock Performance and Impact - On August 4, 2025, Inspire disclosed that the launch of Inspire V would face an "elongated timeframe," leading to a reduction in 2025 earnings per share guidance by over 80% [7]. - Following this announcement, Inspire's 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]. Reasons for Stock Drop - The delays in the rollout were attributed to inadequate preparation for clinicians and payors, resulting in significant adoption delays and weak demand due to customers having excess inventory of older devices [6][7].
SNPS INVESTOR LOSSES: Synopsys, Inc. Investors May have been Affected by Fraud – Contact BFA Law by December 30 to Protect Your Rights
Globenewswire· 2025-12-25 13:41
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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410 [3]. - Investors have until December 30, 2025, to request to be appointed to lead the case [3]. Group 2: Company Performance - Synopsys provides design automation software products, with its Design IP segment being the fastest-growing, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. - The company reported a revenue of $425.9 million for its Design IP segment in Q3 2025, reflecting a 7.7% year-over-year decline, and a net income of $242.5 million, a 43% year-over-year decline [6]. Group 3: Market Reaction - Following the release of disappointing Q3 2025 results, Synopsys stock fell from $604.37 per share to $387.78 per share, a decline of nearly 36% [6]. - The company indicated that its Design IP customers were requiring more customization, which was affecting the economics of its business model [5].
LRN INVESTOR LOSSES: Stride, Inc. Investors May have been Affected by Fraud – Contact BFA Law by January 12 to Protect Your Rights
Globenewswire· 2025-12-25 13:39
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, or over 11%, from $158.36 to $139.76 per share [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share, with an estimated impact of 10,000-15,000 fewer enrollments [6].
ALT5 INVESTIGATION: Investigation Launched into ALT5 Sigma Corporation, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm - ALTS
TMX Newsfile· 2025-12-24 21:01
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving ALT5 Sigma Corporation, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1]. Company Overview - ALT5 Sigma Corporation operates in the blockchain technology sector through its Fintech and Biotechnology segments [2]. - The company announced plans to raise approximately $1.5 billion before fees through a registered direct offering and a private placement offering on August 11, 2025 [2]. Recent Developments - On August 29, 2025, ALT5 Sigma disclosed that its subsidiary, ALT5 Sigma Canada Inc., was found criminally liable for illicit enrichment and money laundering by a Rwandan court [3]. - An independent committee was appointed to investigate potential misstatements or omissions in the financial statements and material information by management [3]. - On October 22, 2025, the CEO, Peter Tassiopoulos, was suspended and removed from his duties [3]. - ALT5 Sigma announced on November 18, 2025, that it would not file its Quarterly Report on Form 10-Q on time [3]. - A leadership overhaul occurred on November 27, 2025, with the simultaneous departures of the CFO, Acting CEO, and COO, along with the appointment of a new Acting CEO and CFO [3]. - On November 28, 2025, the company disclosed the resignation of its independent registered public accounting firm, Hudgens CPA, PLLC [3]. - On December 3, 2025, ALT5 Sigma received a notice from Nasdaq regarding non-compliance with listing requirements due to the resignation of a board member [3].
HALPER SADEH LLC ENCOURAGES BIOVIE INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-12-24 19:05
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of BioVie Inc. (NASDAQ: BIVI) towards shareholders [1] Group 1: Shareholder Rights and Legal Options - Long-term shareholders of BioVie may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2] - Shareholder involvement is crucial for improving company policies and practices, leading to enhanced shareholder value [3] Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4]
CRWV Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages CoreWeave, Inc. (NASDAQ: CRWV) Investors with Significant Losses to Contact the Firm
Globenewswire· 2025-12-24 18:02
Core Viewpoint - CoreWeave, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price after announcing reduced revenue and capital expenditure forecasts due to data center capacity limitations [1][2][3] Company Overview - CoreWeave's business model involves acquiring high-interest debt to purchase advanced AI chips from Nvidia, which are then installed in leased data center server racks and rented out to AI companies [2] Financial Performance - On November 10, 2025, CoreWeave announced its third-quarter financial results, revealing a cut in its full-year 2025 revenue and capital expenditure forecasts [2] - Following this announcement, CoreWeave's stock price decreased by $17.22 per share, or 16.31%, closing at $88.30 per share on November 11, 2025 [3]
HALPER SADEH LLC ENCOURAGES MICROVAST HOLDINGS, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-12-24 17:35
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by officers and directors of Microvast Holdings, Inc. which may affect shareholder rights [1] Group 1: Legal Actions and Shareholder Rights - Long-term shareholders of Microvast may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2] - Shareholder involvement is crucial for improving company policies and enhancing shareholder value through better oversight [3] Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4]
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Encourages Klarna Group plc (KLAR) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2025-12-24 17:19
Core Viewpoint - A securities fraud class action lawsuit has been filed against Klarna Group plc on behalf of investors who acquired its securities during the September 2025 IPO, alleging that the company made materially false statements and failed to disclose significant risks related to its business operations [1][4]. Group 1: IPO Details - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at a price of $40 per share [2]. Group 2: Financial Performance and Impact - On November 18, 2025, Klarna reported its third quarter 2025 financial results, indicating a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - Following the financial results announcement, Klarna's stock price dropped by $3.25, or 9.3%, closing at $31.63 per share on the same day, which negatively impacted investors [3]. Group 3: Allegations in the Lawsuit - The lawsuit claims that Klarna's management made materially false and misleading statements and failed to disclose adverse facts about the company's business and prospects. Specifically, it alleges that the company understated the risk of increased loss reserves shortly after the IPO, which was known or should have been known given the risk profile of customers using Klarna's buy now, pay later (BNPL) loans [4]. - As a result, the positive statements made by the company regarding its business operations and prospects were misleading and lacked a reasonable basis [4].
Law Offices of Howard G. Smith Encourages Charming Medical Limited (MCTA) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-12-24 17:18
Core Viewpoint - A class action lawsuit has been filed against Charming Medical Limited (NASDAQ: MCTA) due to allegations of securities fraud during a specific class period from October 10, 2025, to November 12, 2025, with a deadline for lead plaintiff motion set for February 17, 2026 [1][4]. Group 1: Lawsuit Details - The lawsuit alleges that Charming Medical Limited made materially false and misleading statements and failed to disclose adverse facts about its business and operations [4]. - Specific allegations include involvement in a fraudulent stock promotion scheme using social media misinformation and impersonation of financial professionals [4]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that the company's public statements omitted mention of false rumors and artificial trading activity [4]. Group 2: SEC Involvement - On November 11, 2025, the SEC halted trading of Charming securities due to potential manipulation linked to social media recommendations aimed at inflating the stock price and trading volume [3].
Law Offices of Frank R. Cruz Encourages Klarna Group plc (KLAR) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-12-24 17:06
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of shareholders who purchased its securities during the September 2025 IPO, alleging securities fraud due to misleading statements and failure to disclose material adverse facts about the company's financial health and risk profile [1][4]. Group 1: IPO and Financial Performance - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at $40 per share [3]. - Following the release of its third quarter 2025 financial results on November 18, 2025, Klarna reported a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - The stock price of Klarna fell by $3.25, or 9.3%, closing at $31.63 per share on the same day the financial results were announced, indicating a negative impact on investors [3]. Group 2: Allegations in the Lawsuit - The lawsuit alleges that the defendants made materially false and/or misleading statements and failed to disclose significant risks regarding the company's business and operations [4]. - Specifically, it is claimed that the defendants understated the risk of a significant increase in loss reserves shortly after the IPO, which they either knew or should have known, given the risk profile of individuals taking Klarna's buy now, pay later (BNPL) loans [4]. - As a result, the positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis [4].