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FINAL DEADLINE ALERT: $42.04 Stock Drop at Inspire Medical Systems (INSP) Triggers Securities Fraud Lawsuit Over Concealed Medicare Billing Software Failures & Inspire V Inventory Glut
Globenewswire· 2026-01-04 17:00
Core Viewpoint - A securities class action lawsuit has been filed against Inspire Medical Systems, Inc. (NYSE: INSP) for allegedly misleading investors about operational failures related to the launch of its Inspire V device for obstructive sleep apnea [1][3]. Group 1: Allegations and Impact - The lawsuit claims that Inspire Medical assured investors of its "operational readiness" for the Inspire V launch, which was later revealed to be false due to undisclosed operational issues [3][4]. - Key operational failures included delays in Medicare claims processing software updates, which did not take effect until July 1, 2025, preventing implanting centers from billing for procedures [4]. - An excess inventory of the older Inspire IV device created a channel glut, negatively impacting demand for the new Inspire V product and necessitating an inventory "burn down" [4]. - Many treatment centers had not completed essential training for the new device, contributing to the launch's failure [4]. - As a result of these issues, Inspire Medical slashed its 2025 EPS guidance by over 80%, leading to a $42.04 per share drop and a 32.4% decline in stock value [4]. Group 2: Legal Actions and Investor Guidance - Investors who purchased Inspire Medical securities between August 6, 2024, and August 4, 2025, are encouraged to contact Hagens Berman to discuss their legal rights before the January 5, 2026, Lead Plaintiff Deadline [2][3]. - Hagens Berman is focusing on the alleged concealment of critical operational failures and is inviting investors to share information that may assist in the investigation [5].
LRN 8-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Stride (LRN) Over Alleged “Ghost Students” Fraud and Concealed Tech Failure
Globenewswire· 2026-01-04 17:00
Core Viewpoint - Hagens Berman is reminding investors in Stride, Inc. (NYSE: LRN) about the deadline of January 12, 2026, to apply for lead plaintiff status in a securities class action lawsuit related to significant losses incurred by investors due to alleged fraudulent activities [1][11]. Group 1: Allegations of Fraud - The lawsuit claims that Stride, Inc. engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and a significant technology platform failure, which collectively caused a 54% stock crash in one day, resulting in billions in market capitalization loss [2][4]. - The complaint outlines that Stride and its executives misled investors regarding key business metrics and operational stability, with the CEO acknowledging that the platform upgrade failure led to a "poor customer experience," contradicting previous claims of strong growth [3][4]. Group 2: Specific Allegations - **Enrollment Fraud**: Stride allegedly used unlawful practices by retaining "Ghost Students" to artificially inflate enrollment metrics, leading to an 11% stock drop upon partial disclosure of these facts [6]. - **Technology Catastrophe**: The company reportedly failed to disclose severe issues with a critical platform upgrade that blocked access for approximately 10,000 to 15,000 enrolled students, resulting in a forecasted sales growth reduction to 5% from a historical 19%, which triggered the 54% stock crash [7][8]. Group 3: Legal Proceedings and Investor Impact - The lawsuit seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman is actively advising affected investors and emphasizes the importance of contacting them before the lead plaintiff deadline [10][11].
ITGR SECURITIES UPDATE: Integer Holdings Corporation Shareholders are Reminded of the Pending Securities Fraud Lawsuit – Investors with Losses Notified to Contact BFA Law
Globenewswire· 2026-01-04 12:08
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation and its senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Company Overview - Integer Holdings Corporation specializes in designing and manufacturing cardiac rhythm management and cardiovascular products, including electrophysiology devices that diagnose and treat arrhythmias [4]. Allegations of Securities Fraud - The lawsuit claims that Integer misrepresented the demand and revenue for its electrophysiology products, which had reportedly fallen sharply, contradicting the company's public statements about sales growth and market position [4][5]. Stock Price Decline - On October 23, 2025, Integer revised its 2025 sales guidance down to between $1.840 billion and $1.854 billion, below analysts' expectations, and projected poor net sales growth of -2% to 2% for 2026. This announcement led to a stock price drop of $35.22 per share, over 32%, from $109.11 to $73.89 [6].
INSP FINAL DEADLINE: Inspire Medical Systems, Inc. Shareholders are Reminded of the Pending Securities Fraud Lawsuit – Investors with Losses Notified to Contact BFA Law
Globenewswire· 2026-01-04 12:08
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, Inc. develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being the Inspire V, which received FDA approval on August 2, 2024 [4]. Allegations and Issues - The lawsuit claims that Inspire misled investors by assuring them that all necessary steps were taken for the launch of Inspire V, which was supposed to meet high demand [5]. - Contrary to these assurances, Inspire allegedly failed to prepare clinicians and payors adequately, leading to significant delays in the device's adoption and weak demand due to customers having excess inventory of older devices [6]. Stock Performance and Impact - On August 4, 2025, Inspire disclosed that the launch of Inspire V would face an "elongated timeframe," resulting in a reduction of 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, following this announcement [8].
LRN SECURITIES UPDATE: Stride, Inc. Shareholders are Reminded of the Pending Securities Fraud Lawsuit – Investors with Losses Notified to Contact BFA Law
Globenewswire· 2026-01-04 12:08
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and certain 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 allegations caused Stride's stock to drop by $18.60 per share, or 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, or more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [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].
LRN 9-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Stride (LRN) Over Alleged "Ghost Students" Fraud and Concealed Tech Failure
Prnewswire· 2026-01-03 14:00
Core Viewpoint - The article discusses a pending securities class action lawsuit against Stride, Inc. (NYSE: LRN) related to alleged fraudulent practices that led to significant investor losses, with a deadline for investors to join the lawsuit set for January 12, 2026 [1][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and failing to disclose a critical technology platform failure [2][5]. - The alleged enrollment fraud involved retaining "Ghost Students" to artificially inflate enrollment metrics, which is said to have initially caused an 11% drop in stock price upon partial disclosure [6]. - The technology failure reportedly blocked access for 10,000 to 15,000 enrolled students, leading to a forecasted sales growth reduction from 19% to only 5%, culminating in a 54% stock crash in a single day [7][8]. Group 2: Financial Impact - The cumulative impact of the fraudulent disclosures resulted in a loss of billions in market capitalization for Stride [2]. - The stock price fell 54% in one day following the revelation of the operational failures, indicating a severe market reaction to the disclosed information [2][8]. Group 3: Legal Proceedings - The complaint seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman, the law firm leading the case, emphasizes the systematic nature of the alleged fraudulent practices and is actively gathering evidence to support the claims [4][11].
2-DAY DEADLINE ALERT: $42.04 Stock Drop at Inspire Medical Systems (INSP) Triggers Securities Fraud Lawsuit Over Concealed Medicare Billing Software Failures & Inspire V Inventory Glut
Prnewswire· 2026-01-03 14:00
Core Viewpoint - A securities class action lawsuit has been filed against Inspire Medical Systems, Inc. (NYSE: INSP) for allegedly misleading investors regarding operational failures related to the launch of its Inspire V device for obstructive sleep apnea [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Inspire Medical assured investors of its "operational readiness" for the Inspire V launch, which was later revealed to be false due to undisclosed operational issues [2][3]. - Key operational failures included delays in Medicare claims processing software updates, which did not take effect until July 1, 2025, preventing implanting centers from billing for procedures [3]. - An excess inventory of the older Inspire IV device created a channel glut, negatively impacting demand for the new Inspire V product and leading to a significant reduction in 2025 earnings per share (EPS) guidance by over 80% [3]. - Many treatment centers had not completed necessary training and onboarding for the new device, contributing to a 32.4% decline in stock value, equating to a drop of $42.04 per share [3]. Group 2: Legal Actions and Investor Guidance - Investors who purchased Inspire Medical securities between August 6, 2024, and August 4, 2025, are encouraged to contact Hagens Berman before the January 5, 2026, Lead Plaintiff Deadline to discuss their legal rights [2][4]. - Hagens Berman is focusing on the alleged concealment of critical operational issues, emphasizing that the stock collapse was due to management prioritizing a narrative over operational reality [4].
PRMB 9-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Alleged Undisclosed Technology Failures and Supply Chain Risks in Pending Primo Brands (PRMB) Lawsuit
Prnewswire· 2026-01-03 14:00
Core Viewpoint - The article discusses a pending securities class action lawsuit against Primo Brands Corporation, highlighting the deadline for investors to act as lead plaintiffs and the alleged operational failures following the merger with BlueTriton Brands [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses incurred by investors due to undisclosed operational crises that emerged after the merger, contradicting management's assurances of a "flawless" integration [2][4]. - The complaint alleges that the integration process led to severe technology breakdowns, supply disruptions, and significant customer service issues, which were not disclosed to investors [7]. Group 2: Disclosure Events - The first major disclosure occurred on August 7, 2025, when the company reported weak Q2 results and reduced guidance, attributing some issues to "service problems," resulting in a 9% stock drop [7]. - The final disclosure on November 6, 2025, involved a significant reduction in full-year adjusted EBITDA guidance and the replacement of the CEO, leading to a 21% stock crash, which confirmed the severity of the operational issues [3][7]. Group 3: Management's Role - The crux of the complaint centers on the contradiction between the company's claims of a successful merger and the new CEO's acknowledgment of "self-inflicted" disruptions that severely impacted operations [4]. - The investigation is focused on when management became aware of the failures in technology and operational integration [4].
ARE FRAUD ALERT: BFA Law Reminds Alexandria Real Estate Equities, Inc. Investors with Losses to Contact BFA Law About the Securities Fraud Class Action
TMX Newsfile· 2026-01-03 11:18
Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, 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 Central District of California, captioned Hern v. Alexandria Real Estate Equities, Inc., et al., No. 2:25-cv-11319 [3]. - Investors have until January 26, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Alexandria Real Estate is a real estate investment trust focused on tenants in life science industries, including pharmaceutical and biotechnology companies [4]. Group 3: Financial Performance and Stock Impact - Alexandria Real Estate reported lower-than-expected results for Q3 2025, leading to a stock price drop of $14.93 per share, or over 19%, from $77.87 to $62.94 on October 28, 2025 [6]. - The company announced a real estate impairment charge of $323.9 million, with $206 million attributed to its Long Island City property, which was deemed not suitable for life science scaling [5][6].
FLY INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2026-01-03 02:10
Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged violations of securities laws related to its IPO and subsequent financial disclosures, which reportedly misrepresented the company's operational readiness and financial performance [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Diamond v. Firefly Aerospace Inc. and involves purchasers of Firefly Aerospace securities between August 7, 2025, and September 29, 2025 [1]. - The lawsuit alleges that Firefly Aerospace and its executives made false or misleading statements regarding the demand for its Spacecraft Solutions and the viability of its Alpha rocket program [3]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][6]. Group 2: Financial Performance and Impact - Firefly Aerospace reported a loss of $80.3 million for Q2 2025, compared to a loss of $58.7 million in Q2 2024, alongside revenue of $15.55 million, which was below analyst expectations of $17.25 million and down 26.2% year-over-year [4]. - The Spacecraft Solutions segment reported revenue of only $9.2 million, reflecting a 49% year-over-year decrease [4]. - Following the earnings report, Firefly Aerospace's share price fell by more than 15% [4]. - On September 29, 2025, the company disclosed a significant issue with its Alpha Flight 7 rocket, leading to a further decline in share price by over 20% [5].