Securities Law Violations
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Viatris Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights – VTRS
GlobeNewswire News Room· 2025-05-12 17:12
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Viatris Inc. (NASDAQ: VTRS). Shareholders who purchased shares of VTRS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/viatris-inc-loss-submission-form-2/?id=147747&from=3 CLASS PERIOD: August 8, 2024 to F ...
Berman Tabacco Announces Investigation of Potential Securities Law Violations By Compass Diversified Holdings (CODI)
GlobeNewswire News Room· 2025-05-09 13:50
BOSTON, May 09, 2025 (GLOBE NEWSWIRE) -- Berman Tabacco announces that it is investigating potential securities law violations by Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI). About the Investigation On May 7, 2025, after the markets closed, Compass filed a Form 8-K which stated that the Audit Committee of Board of Directors “commenced an internal investigation into the financing, accounting, and inventory practices of Lugano Holding, Inc. (‘Lugano’), a subsidiary and operating se ...
Sana Biotechnology, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – SANA
GlobeNewswire News Room· 2025-05-07 16:30
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sana Biotechnology, Inc. regarding a class action lawsuit due to allegations of misleading statements and financial misrepresentation during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 17, 2023, to November 4, 2024 [3]. - Allegations include that Sana was at significant risk of insufficient funds to maintain operations and advance product candidates [3]. - Specific product candidates, SC291 in oncology, SC379, and SG299, were claimed to be less promising than represented [3]. - The company was likely to decrease funding for these candidates and reduce headcount to preserve cash for more promising products [3]. - Public statements made by the defendants were alleged to be materially false and misleading throughout the relevant period [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 20, 2025, to participate in potential recovery [4]. - Registration will include enrollment in a portfolio monitoring software for status updates on the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].
Treace Medical Concepts, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights - TMCI
Prnewswire· 2025-05-05 09:45
Group 1 - The Gross Law Firm has issued a notice to shareholders of Treace Medical Concepts, Inc. (NASDAQ: TMCI) regarding a class action lawsuit for shareholders who purchased shares during the class period from May 8, 2023, to May 7, 2024 [1] - The allegations in the complaint include that competition negatively affected the demand for Treace Medical's primary product, the 3D bunion correction system known as "Lapiplasty," leading to a decline in revenue [1] - The company was required to accelerate plans to introduce an alternative product to osteotomy due to the decline in revenue and the misleading positive statements made by the defendants regarding the company's business and prospects [1] Group 2 - Shareholders are encouraged to register for the class action by June 10, 2025, to potentially become lead plaintiffs and participate in the case without any cost or obligation [2] - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2] - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [3]
BigBear.ai Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-05-01 16:54
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 31, 2022, to March 25, 2025 [3]. - Allegations include that BigBear maintained deficient accounting review policies, leading to incorrect accounting for the 2026 Convertible Notes and misstatements in financial statements [3]. Financial Reporting Issues - The company allegedly failed to disclose that the conversion option within the 2026 Convertible Notes did not qualify for the derivative scope exception under ASC 815-40, resulting in improper accounting [3]. - As a consequence, BigBear's financial statements were inaccurate and may require restatement, increasing the risk of delays in filing reports with the SEC [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 10, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [5].
NET Power, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – NPWR
GlobeNewswire News Room· 2025-04-28 16:47
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information about the company's Project Permian [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from June 9, 2023, to March 7, 2025 [3]. - Allegations include that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [3]. - The complaint asserts that the company's projections regarding the time and capital needed for Project Permian were unrealistic, which could negatively impact the company's business and financial results [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 17, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [5].
SoundHound AI, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 27, 2025 to Discuss Your Rights – SOUN
GlobeNewswire News Room· 2025-04-28 16:41
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=145085&from=3 CLASS PERIOD: May 10 ...
Perpetua Resources Corp. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 20, 2025 to Discuss Your Rights – PPTA
GlobeNewswire News Room· 2025-04-28 16:34
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Perpetua Resources Corp. (NASDAQ: PPTA). Shareholders who purchased shares of PPTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/perpetua-resources-corp-loss-submission-form/?id=145075&from=3 CLASS PER ...
Everus Construction Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - ECG
Prnewswire· 2025-04-28 09:45
NEW YORK, April 28, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE: https://securitiesclasslaw.com/securities/everus-construction-group-inc-loss-submission-form/?id=145060&from=4 CLASS ...
Zynex, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 19, 2025 to Discuss Your Rights - ZYXI
Prnewswire· 2025-04-28 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Zynex, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from March 13, 2023, to March 11, 2025 [1] Group 1: Allegations Against Zynex, Inc. - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [1] - The company's practice of filing false claims has drawn scrutiny from insurers, including the U.S. military health insurance program, Tricare [1] - As a result of these practices, Zynex is likely to face adverse consequences, including removal from insurer networks and penalties from the federal government [1] - The positive statements made by the defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1] Group 2: Class Action Details - Shareholders who purchased shares of ZYXI during the specified class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1] - The deadline for shareholders to register for the class action is May 19, 2025, and there is no cost or obligation to participate [2] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2] Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3] - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3] - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [3]