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Class Action Alert: Levi & Korsinsky Reminds WPP (WPP) Investors of December 8, 2025 Deadline
Newsfile· 2025-11-10 20:46
Core Viewpoint - A class action securities lawsuit has been filed against WPP plc, alleging securities fraud that negatively impacted shareholders between February 27, 2025, and July 8, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit claims that WPP's management made overly positive statements while concealing material adverse facts about the company's media arm, which was struggling to compete effectively and losing market share [3]. - On July 9, 2025, WPP disclosed a trading update indicating a deterioration in performance during Q2, attributing this to macroeconomic uncertainties and weaker new business [4]. Group 2: Stock Price Impact - Following the trading update, WPP's stock price fell from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking a decline of approximately 18.1% in one day [5]. Group 3: Next Steps for Affected Shareholders - Shareholders who experienced losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [6]. Group 4: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, has a strong track record in securing recoveries for shareholders and has been ranked among the top securities litigation firms in the U.S. for seven consecutive years [7].
Class Action Lawsuit Filed Against Fortinet, Inc. (FTNT) - Recover Losses - Contact Levi & Korsinsky Before November 21, 2025
Newsfile· 2025-11-10 20:40
Core Points - A class action securities lawsuit has been filed against Fortinet, Inc. to recover losses for shareholders affected by alleged securities fraud between November 8, 2024, and August 6, 2025 [2] - The lawsuit claims that Fortinet misrepresented the potential profitability of its product refresh cycle and concealed critical information regarding the actual number of FortiGate firewalls eligible for upgrades [3] Company Details - The complaint alleges that Fortinet's management made false statements about the refresh cycle's profitability, stating it would be lucrative, while in reality, it involved old products that represented a "small percentage" of the company's business [3] - It is also claimed that Fortinet misled investors by suggesting that the refresh would gain momentum over two years, while in fact, the company had pushed through about half of the refresh in just a few months by the end of Q2 2025 [3] Next Steps - Shareholders who suffered losses during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [4]
Securities Lawsuit Alert: Inspire Medical Systems, Inc. (INSP) Investors - Contact Levi & Korsinsky Before January 5, 2026
Newsfile· 2025-11-10 20:33
Core Viewpoint - A class action securities lawsuit has been filed against Inspire Medical Systems, Inc. to recover losses incurred by shareholders due to alleged securities fraud during the period from August 6, 2024, to August 4, 2025 [2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed critical information regarding the launch of the new product, Inspire V, which reportedly faced poor demand due to providers having excess inventory and reluctance to adopt the new treatment [3]. - It is alleged that Inspire Medical Systems failed to complete essential tasks for a successful product launch, including training and onboarding for treatment center customers, setting up IT systems, updating insurer claims software, and ensuring Medicare reimbursement was in place [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to visit a provided link to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, has a history of securing significant recoveries for shareholders and has been ranked among the top securities litigation firms in the United States for seven consecutive years [5].
Synopsys, Inc. (SNPS) Faces Securities Class Action Amid Q325 Results Revealing IP Business Problems – Hagens Berman
Globenewswire· 2025-11-10 20:17
Core Viewpoint - A securities fraud class action has been filed against Synopsys, Inc. following disappointing Q3 2025 financial results, which were attributed to underperformance in its IP business [1][4]. Summary by Sections Class Action Details - The class action, Kim v. Synopsys, Inc., seeks to represent investors who acquired Synopsys securities between December 4, 2024, and September 9, 2025 [1][3]. - The lead plaintiff deadline for the class action is December 30, 2025 [3]. Financial Performance - Synopsys reported Q3 2025 earnings per share (EPS) of $1.50, a decline of 45% year-over-year and 33% sequentially [5]. - The company experienced a nearly 8% decline in Design IP revenues compared to the prior year quarter [5]. Shareholder Reaction - Following the announcement of the disappointing results, Synopsys shares plummeted by $216.59, representing a 36% drop, marking the worst single-day percentage decline since the company went public in 1992 [2][5]. Investigation Focus - The investigation by Hagens Berman is centered on whether Synopsys misled investors regarding risks to sustained revenue growth in its Design IP business [6]. - The lawsuit alleges that Synopsys made false statements and failed to disclose critical information about its business and prospects, particularly regarding its focus on AI customers [5][6]. Company Overview - Synopsys, Inc. provides silicon design, IP, simulation, and analysis solutions, operating in two reportable segments: Design IP and Design Automation [3].
DEADLINE APPROACHING: Berger Montague Advises Fluor Corporation (NYSE: FLR) Investors to Inquire About a Securities Fraud Class Action by November 14, 2025
Prnewswire· 2025-11-10 19:36
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its financial guidance and undisclosed risks associated with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue contributor [2]. Lawsuit Details - The lawsuit claims that FLR and certain executives failed to disclose rising costs related to significant projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, which were impacted by subcontractor design errors, material price increases, and scheduling delays [3]. - Additionally, the company is accused of underreporting the adverse effects of decreased client capital spending and broader economic uncertainties [3]. Financial Performance - In February 2025, FLR projected a full-year 2025 adjusted EPS of $2.25 to $2.75 and EBITDA of $575 million to $675 million, which was reaffirmed in May 2025 [4]. - On August 1, 2025, FLR reported disappointing second-quarter results, with a non-GAAP EPS of $0.43, missing consensus estimates by 23%, and revenue of $3.98 billion, which was $570 million below expectations and a 5.9% decline year-over-year [5]. - Following the release of these results, FLR significantly lowered its FY 2025 outlook, attributing the downturn to project delays and reduced client awards, leading to a stock price drop of $15.35, or 27.04%, closing at $41.42 [5].
Deadline Soon: V.F. Corporation (VFC) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R.
Businesswire· 2025-11-10 19:32
Core Viewpoint - V.F. Corporation (VFC) is facing a securities fraud class action lawsuit due to significant declines in its Vans brand performance, leading to a substantial drop in stock price and investor losses [1][2][3][4]. Financial Performance - VFC reported a 20% loss in the growth trajectory of the Vans brand in Q4 2025, worsening from an 8% loss in the previous quarter [2]. - The company indicated that the decline in performance would persist into the next quarter, attributing it to deliberate revenue reductions aimed at eliminating unprofitable businesses [2]. Lawsuit Details - The class action lawsuit alleges that VFC made materially false and misleading statements regarding its business operations and prospects during the class period from October 27, 2022, to May 20, 2025 [4]. - Specific allegations include the failure to disclose the need for significant reset actions to return the Vans brand to growth, which were not anticipated in prior communications [4]. Stock Impact - Following the announcement of poor financial results, VFC's stock price fell by $2.28, or 15.8%, closing at $12.15 per share on May 21, 2025, resulting in investor injuries [3].
WEDNESDAY DEADLINE: Berger Montague Advises V.F. Corporation (NYSE: VFC) Investors to Inquire About a Securities Fraud Class Action by November 12, 2025
Prnewswire· 2025-11-10 19:11
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who acquired VFC shares between October 30, 2023, and May 20, 2025, alleging misrepresentation regarding the company's business transformation plan and its impact on financial performance [1][3]. Company Overview - V.F. Corporation is a leading global apparel and footwear company based in Denver, Colorado, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2]. Allegations - The lawsuit claims that VFC misrepresented the scope and progress of its business transformation plan, particularly failing to disclose necessary reset actions to address declining performance at the Vans brand [3]. - It is alleged that these undisclosed actions materially affected the company's financial outlook [3]. Financial Impact - On May 21, 2025, VFC reported a 20% drop in Vans revenue for the fourth quarter, compared to an 8% decline in the previous quarter, attributing the declines to internal restructuring and undisclosed revenue reductions [4]. - VFC acknowledged that even without these measures, Vans would have experienced a high single-digit revenue decline [4]. - Following the announcement, VFC's stock price fell sharply by 15.8%, from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025 [4].
Deadline Alert: CarMax, Inc. (KMX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-11-10 19:08
Core Viewpoint - CarMax, Inc. is facing a class action lawsuit due to significant declines in revenue and profit, which were attributed to inventory adjustments and increased loan loss provisions [2][4]. Financial Performance - For the second quarter of fiscal year 2026, CarMax reported a revenue decline of 6.0% year-over-year, with total retail used vehicle revenues down by 7.2% and total gross profit declining by 5.6% [2]. - The company experienced a $71.3 million increase in loan loss provisions, impacting its financial results [2]. Stock Market Reaction - Following the release of the disappointing financial results, CarMax's share price fell by $11.45, or 20.1%, closing at $45.60 per share on September 25, 2025 [3]. Lawsuit Details - The class action lawsuit alleges that CarMax's management made materially false and misleading statements regarding the company's growth prospects, which were overstated and not reflective of the actual business conditions [4]. - The lawsuit claims that the positive statements made by the defendants lacked a reasonable basis and failed to disclose adverse facts about the company's operations and future prospects [4]. Legal Action - Investors who purchased CarMax securities during the specified class period (June 20, 2025, to September 24, 2025) have until January 2, 2026, to file a lead plaintiff motion in the class action lawsuit [1][5].
Stride, Inc. (LRN) Plunges 49% as Platform Upgrade Fails, Triggering Hagens Berman Probe – Hagens Berman
Globenewswire· 2025-11-10 18:46
Core Viewpoint - Hagens Berman is investigating Stride, Inc. for potential violations of U.S. securities laws following significant operational issues and fraud allegations that have led to a sharp decline in the company's stock price [1][4]. Group 1: Operational Issues - Stride reported Q1 earnings that were negatively impacted by a major platform disruption, which caused the company to miss between 10,000 and 15,000 enrollments out of a total of 247,700 [6]. - CEO James Rhyu acknowledged that the implementation of the upgraded platform did not go as planned, resulting in higher withdrawal rates and lower conversion rates than expected [6]. - The company's guidance for 2026 forecasts only 5% sales growth, a significant decrease from the annualized sales growth of 19% over the past five years, prompting a cautious market response [6]. Group 2: Fraud Allegations - Prior to the current investigation, a complaint was filed by Gallup-McKinley against Stride, alleging fraud and deceptive practices that prioritized profits over student welfare, which led to an 11% drop in stock price [3][4]. - Allegations include artificially inflating student enrollment figures by including "ghost students," increasing student-to-teacher ratios to boost profit margins, and employing insufficiently licensed teachers [7]. - The company is also accused of using unlawful business practices to lower overhead costs intentionally, thereby inflating stock values [7]. Group 3: Investor Actions - Hagens Berman is urging investors who have suffered significant losses to submit their claims and is seeking individuals with knowledge that may assist in the investigation [2][5]. - The firm is also encouraging whistleblowers with non-public information regarding Stride to consider their options to aid in the investigation, with potential rewards under the SEC Whistleblower program [9].
Robbins Geller Rudman & Dowd LLP Announces that Inspire Medical Systems, Inc. (INSP) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-11-10 18:32
Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit due to alleged misleading statements regarding the launch of its Inspire V device for obstructive sleep apnea, which reportedly encountered significant demand issues and operational challenges [4][5]. Company Overview - Inspire Medical develops and manufactures an implantable medical device called "Inspire" for the treatment of obstructive sleep apnea, with the latest version being Inspire V, which includes an implanted sensor and neurostimulator designed to enhance respiration during sleep [3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, Inspire Medical and its executives made false statements and failed to disclose critical issues, including poor demand for Inspire V and excess inventory at providers, which hindered the transition to the new treatment [4]. - It is alleged that the launch of Inspire V was not successful, as many centers did not complete necessary training and onboarding, and software updates for billing were delayed, impacting the ability to process claims [5]. Impact on Financial Guidance - Following the revelation of these issues on August 4, 2025, Inspire Medical reduced its 2025 earnings guidance by over 80%, leading to a more than 32% decline in the company's stock price [5]. Legal Process for Lead Plaintiff - Investors who purchased Inspire Medical common stock during the class period have until January 5, 2026, to seek appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing significant monetary relief in class action cases [7].