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INVESTOR DEADLINE NEXT WEEK: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-17 02:32
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit for allegedly misleading investors about the strength of its North American Fiber Cement segment, which experienced significant inventory destocking and a subsequent decline in sales [1][3][4]. Company Overview - James Hardie Industries designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. Class Action Details - The class action lawsuit, titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, accuses the company and its executives of violating the Securities Exchange Act of 1934 [1]. - The lawsuit claims that from May 20, 2025, to August 18, 2025, the company made false statements regarding the health of its North American Fiber Cement segment, despite evidence of inventory destocking [3]. Financial Impact - On August 19, 2025, James Hardie disclosed a 12% decline in sales for its North American Fiber Cement segment due to customer destocking, leading to a more than 34% drop in the company's stock price [4]. Legal Process - Investors who purchased James Hardie common stock during the class period have until December 23, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Law 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 a strong track record, being ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6].
Fermi Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - FRMI
Prnewswire· 2025-12-17 00:17
Core Viewpoint - DJS Law Group is investigating claims against Fermi Inc. for potential violations of securities laws following a significant drop in its stock price due to a failed funding deal [1][2]. Investigation Details - The investigation centers on whether Fermi issued misleading statements or failed to disclose critical information to investors [2]. - A Barron's article reported that Fermi's stock plummeted by 43% after the company announced a $150 million funding deal with a major tenant had fallen through [2]. - Following this news, Fermi's shares fell by over 35% during morning trading on December 12, 2025 [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
54% STRIDE (LRN) CRASH: Hagens Berman Scrutinizing Stride (LRN) Over Alleged “Ghost Students” Fraud and Concealed Tech Failure
Globenewswire· 2025-12-16 23:32
Core Viewpoint - The ongoing securities class action lawsuit against Stride, Inc. is centered on allegations of fraudulent practices, including inflated enrollment figures and a significant technology platform failure, which led to a drastic decline in stock value and substantial investor losses [2][4][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in fraudulent practices by using "Ghost Students" to artificially inflate enrollment metrics, which misled investors about the company's financial health [6][5]. - The complaint details a severe technology platform failure that blocked access for approximately 10,000 to 15,000 students, which was not disclosed to investors, leading to a significant drop in sales growth forecasts from 19% to 5% [7][8]. Group 2: Financial Impact - Following the initial disclosure of the fraudulent enrollment practices, Stride's stock dropped by 11% [6]. - The revelation of the technology failure resulted in a catastrophic 54% stock crash in a single day, causing billions in market capitalization losses [2][8]. Group 3: Legal Proceedings - The lawsuit seeks to recover losses for investors who purchased Stride securities during the Class Period from October 22, 2024, to October 28, 2025, holding the company and its executives accountable for alleged misrepresentations [9]. - The deadline for investors to move the Court for appointment as lead plaintiff is January 12, 2026, emphasizing the urgency for affected investors to act [1][12].
StubHub Holdings, Inc. (STUB) Investors: January 23, 2026 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire· 2025-12-16 23:25
RADNOR, Pa., Dec. 16, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against StubHub Holdings, Inc. (“StubHub”) (NYSE: STUB) on behalf of those who purchased or otherwise acquired StubHub common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Offering Documents”) issued in connection with StubHub’s September 2025 initial public offering. The lea ...
21% PRMB CRASH: Hagens Berman Scrutinizing Primo Brands (PRMB) Over Allegedly Concealed Merger Failure, CEO Replacement, and “Self-Inflicted” Disruptions
Globenewswire· 2025-12-16 23:14
SAN FRANCISCO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is alerting investors in Primo Brands Corporation (NYSE: PRMB) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 12, 2026. The firm urges investors who suffered substantial losses to contact our firm now. The lawsuit seeks to recover investor losses sustained after the disclosure of an allegedly concealed severe, operational crisi ...
STUB INVESTOR DEADLINE: StubHub Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-16 23:05
Core Viewpoint - StubHub Holdings, Inc. is facing a class action lawsuit related to its September 17, 2025 IPO, with allegations of misleading offering documents and significant financial discrepancies [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Salabaj v. StubHub Holdings, Inc., accuses StubHub and its executives of violating the Securities Act of 1933 [1]. - Investors who purchased StubHub common stock during the IPO have until January 23, 2026, to seek lead plaintiff status in the lawsuit [1][5]. - The lawsuit claims that StubHub's IPO documents were materially false or misleading, particularly regarding changes in vendor payment timing and its impact on free cash flow [3]. Group 2: Financial Performance and Impact - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. - The lawsuit alleges that StubHub reported a free cash flow of negative $4.6 million for Q3 2025, marking a 143% decrease year-over-year [3]. - Following the release of disappointing financial results, StubHub's stock price fell nearly 21%, and by the time the lawsuit commenced, the stock was trading at $10.31 per share, a decline of nearly 56% from the IPO price [3][4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading firm in securities fraud litigation [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone [6].
FLY DEADLINE: Firefly Aerospace Inc. Investors Encouraged to Contact Kirby McInerney LLP Before Looming Deadline in Lawsuit
Globenewswire· 2025-12-16 23:00
Core Viewpoint - A class action lawsuit has been filed against Firefly Aerospace Inc. for alleged securities fraud during the period from August 4, 2025, to September 29, 2025, claiming misleading statements in their IPO documents and overstated operational capabilities [3]. Group 1: Lawsuit Details - The lawsuit alleges that Firefly's Offering Documents for its August 2025 IPO contained untrue statements and omitted necessary facts, failing to comply with regulatory standards [3]. - It is claimed that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program [3]. Group 2: Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [4]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, for the same quarter in 2024 [5]. - Revenue for the second quarter of 2025 was reported at $15.55 million, below analyst estimates of $17.25 million and down 26.2% year-over-year [5]. - The Spacecraft Solutions segment generated only $9.2 million in revenue, reflecting a 49% year-over-year decrease [5]. Group 3: Stock Price Impact - Following the earnings report, Firefly's share price dropped by $7.58, or approximately 15.3%, from $49.52 to $41.94 [5]. - After the disclosure of a failure in the Alpha Flight 7 rocket on September 29, 2025, shares fell by $7.64, or about 20.7%, from $36.96 to $29.32 [6].
TLX Deadline: TLX Investors Have Opportunity to Lead Telix Pharmaceuticals Ltd. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2025-12-16 22:41
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Telix Pharmaceuticals Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Telix securities between February 21, 2025, and August 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 9, 2026 [3]. - The lawsuit alleges that defendants made materially false and misleading statements regarding Telix's progress in prostate cancer therapeutic candidates and the quality of its supply chain [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in the field of securities class action settlements [4].
Investigation Launched into Klarna Group plc, Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm - RGRD Law
TMX Newsfile· 2025-12-16 21:15
Company Overview - Klarna Group plc provides payment, advertising, and digital retail banking solutions to consumers and merchants [2] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of United States federal securities laws involving Klarna, focusing on whether Klarna and its top executives made materially false and/or misleading statements or omitted material information regarding the company's business and operations [1][2] Law Firm Background - Robbins Geller is recognized as one of the leading law firms in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in securities-related class action cases in 2024, which is more than the next five law firms combined [3]
INSP CLASS REMINDER: BFA Law Reminds Inspire Medical Systems, Inc. Investors with Losses to Contact the Firm Before January 5 Legal Deadline
TMX Newsfile· 2025-12-16 20:33
New York, New York--(Newsfile Corp. - December 16, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Inspire Medical Systems, Inc. (NYSE: INSP) 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 Inspire, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ ...