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RXST LEGAL ALERT: Lose Money on Your RxSight, Inc. Investment? Contact BFA Law by September 22 Class Action Deadline (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-03 11:07
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, with claims related to undisclosed challenges in product adoption and a significant decline in stock value following revenue forecast cuts [1][2][4][5][6]. Group 1: Company Overview - RxSight, Inc. specializes in manufacturing light adjustable intraocular lenses for cataract surgery, with its primary product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [3]. Group 2: Legal Issues - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased RxSight securities, with the case pending in the U.S. District Court for the Central District of California [2]. - The company allegedly failed to disclose "adoption challenges" for its products, despite promoting strong sales figures, leading to a slowdown in LAL utilization first noted in 2024 [4]. Group 3: Stock Performance - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, citing a market softening that began in the second half of 2024, resulting in a stock price drop of approximately 38%, from $26.12 to $16.21 per share [5]. - Following a further revenue forecast cut on July 8, 2025, attributed to slower LAL utilization and adoption challenges, the stock price fell again by about 38%, from $12.79 to $7.95 per share [6].
Levi & Korsinsky Notifies Rocket Pharmaceuticals, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - RCKT
Prnewswire· 2025-08-01 13:00
Core Viewpoint - Rocket Pharmaceuticals, Inc. is facing a class action securities lawsuit due to alleged securities fraud related to the safety and clinical trial protocol of its RP-A501 treatment, which resulted in significant stock price decline after the FDA placed a clinical hold on the study [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by alleged securities fraud between September 17, 2024, and May 26, 2025 [1]. - Defendants allegedly made positive statements while concealing material adverse facts about RP-A501's safety, including the risk of Serious Adverse Events (SAEs) [2]. - Following the announcement of a clinical hold by the FDA due to a SAE, Rocket's stock price plummeted from $6.27 to $2.33, a decline of approximately 37% in one trading day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until August 11, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4].
RXST INVESTOR REMINDER: RxSight, Inc. Stock Drop Leads to Class Action – Investors with Losses Urged to Contact BFA Law by September 22 (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-01 12:36
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2] Group 1: Company Overview - RxSight, Inc. specializes in the manufacture and sale of light adjustable intraocular lenses used in cataract surgery, with its main product being the Light Adjustable Lens (LAL) [3] - The LAL can be customized post-surgery through non-invasive light treatments, utilizing a Light Delivery Device (LDD) to optimize vision based on individual patient needs [3] Group 2: Allegations and Market Impact - The lawsuit claims that RxSight failed to disclose "adoption challenges" in its products while promoting strong sales of LAL and LDD, despite experiencing a slowdown in LAL utilization first noted in 2024 [4] - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, citing a "softening" market that began in the second half of 2024, leading to a stock price decline of approximately 38%, from $26.12 to $16.21 per share [5] - Following a further revenue forecast cut on July 8, 2025, attributed to slower LAL utilization and adoption challenges, the stock price fell another 38%, from $12.79 to $7.95 per share [6]
科技大事件 丨 苹果回应首次在中国关停直营店;美团承诺绝不下场与商家竞争
Sou Hu Cai Jing· 2025-08-01 11:45
Group 1: Apple Store Closures and Openings - Apple will close its first official retail store in China, the Dalian Century City store, on August 9, 2023, due to multiple retailers leaving the shopping center [1] - The Dalian store opened on October 24, 2015, and is the first Apple Store to shut down in the country [1] - Apple plans to open a new retail store in Shenzhen on August 16, 2023, marking its third store in the city [1] Group 2: Legal Challenges - Apple has issued a strong statement against the U.S. Department of Justice (DOJ) regarding antitrust lawsuits, claiming all 236 allegations are unfounded [2] - The lawsuit threatens the core principles that allow the iPhone to stand out in a competitive market, according to Apple [2] - Apple is expected to engage in a prolonged legal battle, with the potential for a resolution taking several years [2] Group 3: Financial Partnerships - Apple is reportedly in talks with JPMorgan Chase to take over the Apple Card credit card business from Goldman Sachs [3] - Negotiations between Apple and JPMorgan began in early 2022, with recent developments accelerating the process [3] - Although no agreement has been signed yet, Goldman Sachs has hinted at the possibility of ending the partnership before the original contract expiration in 2030 [4] Group 4: Securities Fraud Allegations - Apple faces a new class-action lawsuit related to delays in the upgrade of its Siri digital assistant, which has been postponed to after iOS 18 [5] - The Rosen Law Firm is seeking investors who purchased Apple securities between June 10, 2024, and June 9, 2025, to join the lawsuit [5] Group 5: Real Estate Investments - Apple has signed a deal to acquire the Mathilda campus in Sunnyvale for $365 million, marking its third major real estate transaction in the Bay Area this year [6] - The total investment for office space expansion in the Bay Area over the past three months approaches $882 million [6] - Despite high vacancy rates in the tech industry, Apple continues to expand its office space in the Bay Area [6]
Levi & Korsinsky Reminds RxSight, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 22, 2025 – RXST
GlobeNewswire News Room· 2025-07-31 20:12
Core Viewpoint - A class action securities lawsuit has been filed against RxSight, Inc. for alleged securities fraud affecting investors between November 7, 2024, and July 8, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that RxSight, Inc. faced "adoption challenges" and structural issues leading to declines in sales and utilization [2]. - It is alleged that the defendants overstated the demand for RxSight's products [2]. - The company is unlikely to meet its previously issued financial guidance for fiscal year 2025 due to these issues [2]. - Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until September 22, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
Levi & Korsinsky Notifies Shareholders of Hims & Hers Health, Inc. (HIMS) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-07-31 20:10
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Hims & Hers Health, Inc. ("Hims & Hers Health, Inc." or the "Company") (NYSE: HIMS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Hims & Hers Health, Inc. investors who were adversely affected by alleged securities fraud between April 29, 2025 and June 23, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...
iRobot Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before September 5, 2025 to Discuss Your Rights – IRBT
GlobeNewswire News Room· 2025-07-31 20:08
WHAT'S NEXT? If you suffered a loss in iRobot Corporation during the relevant time frame, you have until September 5, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & ...
FLYW LAWSUIT ALERT: Levi & Korsinsky Notifies Flywire Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-07-31 20:07
WHAT'S NEXT? If you suffered a loss in Flywire Corporation during the relevant time frame, you have until September 23, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. CLASS DEFINITION: The lawsuit seeks to recover losses on behal ...
RxSight, Inc. (RXST) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-07-30 16:00
BENSALEM, Pa., July 30, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against RxSight, Inc. ("RxSight" or the "Company") (NASDAQ: RXST).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RXSIGHT, INC. (RXST), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE SEPTEMBER 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Howar ...
RXST INVESTORS: RxSight, Inc. (NASDAQ:RXST) Investors may have been Affected by Fraud – Contact BFA Law by September 22 about Potentially Recovering Losses
GlobeNewswire News Room· 2025-07-30 12:36
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, specifically related to undisclosed challenges in product adoption and a significant decline in stock value following revenue forecast cuts [1][2][4][5][6]. Company Overview - RxSight, Inc. specializes in manufacturing and selling light adjustable intraocular lenses for cataract surgery, with its primary product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [3]. Legal Proceedings - The lawsuit is pending in the U.S. District Court for the Central District of California, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased RxSight securities [2]. Financial Impact - On April 3, 2025, RxSight reduced its 2025 full-year revenue forecast, citing a market softening that began in the second half of 2024, leading to a stock price drop of approximately 38% from $26.12 to $16.21 per share [5]. - Following a further revenue forecast cut on July 8, 2025, attributed to slower LAL utilization and adoption challenges, the stock price fell another 38% from $12.79 to $7.95 per share [6].