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JHX Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges JHX Investors with Losses to Contact the Firm
Prnewswire· 2025-11-07 20:47
Core Points - A securities class action lawsuit has been filed against James Hardie Industries plc for alleged misleading statements regarding inventory levels and demand during the Class Period from May 20, 2025, to August 18, 2025 [1][2] - The lawsuit claims that James Hardie falsely asserted that demand remained strong and stock levels were normal, despite knowledge of destocking by distributors [2] Company Information - The lead plaintiff deadline for the lawsuit is December 23, 2025, allowing investors to seek representation or remain absent class members [3] - Kessler Topaz Meltzer & Check, LLP is the law firm handling the case, known for prosecuting class actions and recovering billions for victims of corporate misconduct [4]
FUN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-07 17:00
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation, alleging that the company's registration statement and prospectus related to its merger with Cedar Fair contained misleading information and failed to disclose critical financial issues [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for alleged violations of federal securities laws on behalf of all investors who held shares of Six Flags common stock related to the merger [2]. - The complaint claims that the registration statement was negligently prepared, containing untrue statements and omitting necessary facts, which misled investors [3]. - Specific allegations include chronic underinvestment in Legacy Six Flags, significant operational cuts that degraded guest experience, and undisclosed capital needs that undermined the merger rationale [3]. Group 2: Next Steps for Investors - Investors who purchased Six Flags shares have until January 5, 2026, to request to be appointed as lead plaintiff in the class action [4]. - A copy of the complaint can be reviewed on the law firm's website, and interested parties can contact the firm for more information [4]. Group 3: Legal Representation - The law firm Bronstein, Gewirtz & Grossman represents investors on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - The firm has a history of recovering substantial amounts for investors in securities fraud cases [6].
Grabar Law Office Investigates Claims on Behalf of Shareholders of Maison Solutions Inc. (NASDAQ: MSS) as Securities Fraud Class Action Survives Motion to Dismiss and Approaches Settlement
Globenewswire· 2025-11-07 14:41
Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of Maison Solutions Inc. due to a securities fraud class action that has survived a motion to dismiss and is currently stayed pending settlement efforts [1][2]. Group 1: Legal Proceedings - The underlying securities fraud class action complaint against Maison Solutions Inc. alleges that certain officers and directors breached their fiduciary duties [1]. - Key allegations include that Maison made materially false and misleading statements in its Registration Statement and throughout the Class Period (October 5, 2023, to December 15, 2023) [2]. - The court has ordered a stay in the class action litigation as of October 28, 2025, while the parties attempt to reach a settlement [3]. Group 2: Allegations Against Maison Solutions Inc. - The complaint claims that Maison failed to disclose that its vendor, XHJC Holdings Inc., is a related party [2]. - It is alleged that the CEO and related entities used supermarkets as a front to defraud the EB-5 visa program [2]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were materially misleading [2]. Group 3: Shareholder Actions - Current shareholders who purchased shares on or shortly after the October 5, 2023 IPO may seek corporate reforms, return of funds to the company, and a court-approved incentive award at no cost [2][4]. - Shareholders are encouraged to contact Grabar Law Office for more information regarding their potential claims [4].
KMX CEO DEPARTURE: CarMax, Inc. Stock Drops Another 20% on CEO Announcement – Investors Urged to Contact BFA Law about Pending Securities Class Action
Globenewswire· 2025-11-07 13:36
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant drop in stock price due to potential violations of federal securities laws [1][2]. Company Overview - CarMax, Inc. is a leading retailer of used cars, which has recently faced legal challenges and stock price volatility [3]. Legal Proceedings - Investors have until January 2, 2025, to request to lead the case in the U.S. District Court for the District of Maryland, under the case caption Jason Cap v. CarMax, Inc., et al. [2]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, with a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [5]. - The net income for the second quarter was approximately $95.4 million, down from $132.8 million in the previous year [5]. Stock Price Movement - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45 per share, or about 20%, from $57.05 to $45.60 [6]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional drop of over 15% in stock price [6].
LRN LOSS ALERT: Stride, Inc. 50% Stock Drop Triggers Securities Class Action Investigation – Investors Notified to Contact BFA Law
Globenewswire· 2025-11-07 13:36
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws due to misleading statements regarding its performance and customer demand, which may have contributed to a significant drop in its stock price [1][2][4]. Company Overview - Stride, Inc. is an education technology company that offers an online platform for students across the U.S. [2]. - The company previously claimed to be experiencing "record demand" for its products and services, indicating strong customer engagement [2]. Issues Faced - Stride implemented platform changes that were unpopular, leading to poor customer experiences and a decline in student enrollment [3]. - The company reported that these changes resulted in approximately 10,000-15,000 fewer enrollments, contributing to a "muted" outlook compared to previous years [4]. Stock Performance - Following the announcement of disappointing growth rates due to the platform upgrades, Stride's stock price plummeted by $83.48 per share, a decrease of over 54%, from $153.53 on October 28, 2025, to $70.05 on October 29, 2025 [5].
JHX LOSS ALERT: James Hardie Industries plc 34% Stock Drop Triggers Securities Class Action– Investors Notified to Contact BFA Law by December 23
Globenewswire· 2025-11-07 13:36
NEW YORK, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against James Hardie Industries plc (NYSE: JHX) and certain of the Company’s senior executives for securities fraud after significant stock drop resulting from the potential violations of the federal securities laws. If you invested in James Hardie, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/james-hardie-ind ...
MLTX LOSS ALERT: MoonLake Immunotherapeutics 90% Stock Drop Triggers Securities Class Action– Investors Notified to Contact BFA Law by December 15
Globenewswire· 2025-11-07 13:36
Core Viewpoint - A lawsuit has been filed against MoonLake Immunotherapeutics and its senior executives for potential violations of federal securities laws, following disappointing results from its Phase 3 VELA trials for sonelokimab [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Peters v. MoonLake Immunotherapeutics, et al., No. 1:25-cv-08612 [2]. - Investors have until December 15, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - MoonLake is a clinical-stage biotechnology company focused on developing therapies for inflammatory diseases [3]. - The company conducted Phase 3 VELA trials for sonelokimab, aimed at treating moderate to severe hidradenitis suppurativa [3]. Group 3: Clinical Data and Claims - MoonLake claimed that its "strong clinical data" from the Phase 2 MIRA trial indicated higher clinical responses and differentiation of sonelokimab compared to competitors [4]. - Allegations suggest that the clinical data and Nanobody structure did not provide a superior clinical benefit, raising doubts about the drug's regulatory approval and commercial viability [5]. Group 4: Stock Performance - Following the announcement of disappointing results from the VELA Phase 3 trials on September 28, 2025, MoonLake's stock price plummeted by $55.75 per share, nearly 90%, from $61.99 on September 26, 2025, to $6.24 on September 29, 2025 [6].
SNPS LOSS ALERT: Synopsys, Inc. 36% Stock Drop Triggers Securities Class Action– Investors Notified to Contact BFA Law by December 30
Globenewswire· 2025-11-07 13:36
Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - Synopsys, Inc. provides design automation software products used for designing and testing integrated circuits. Its Design IP segment, which supplies pre-designed silicon components to semiconductor companies, has been the fastest-growing segment, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. Allegations and Financial Performance - The lawsuit claims that Synopsys misled investors by stating that customers relied on its IP to minimize integration risk and that the company was experiencing strength in Europe and South Korea. However, it is alleged that customers required more customization for IP components, negatively impacting the economics of the Design IP business and threatening its business model [5]. - In Q3 2025, Synopsys reported a revenue of $425.9 million for its Design IP segment, reflecting a 7.7% year-over-year decline, and a net income of $242.5 million, which is a 43% year-over-year decline. The company indicated that increased customization demands from customers were prolonging processes and requiring more resources [6]. Stock Market Reaction - Following the release of disappointing Q3 2025 financial results, Synopsys's stock price fell from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025, marking a nearly 36% decline [6].
KMX INVESTOR NOTICE: CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-07 11:05
Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects, leading to significant investor losses during the specified class period [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it allows investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, to seek lead plaintiff status by January 2, 2026 [1][5]. - The lawsuit claims that CarMax's growth in fiscal year 2026 was overstated and was primarily driven by temporary factors related to customer behavior influenced by tariff speculation [3][4]. Group 2: Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026 [4]. - The company's net earnings per diluted share fell to $0.64 from $0.85 a year ago, which contributed to a 20% drop in share price following the announcement [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is leading the class action, known for its significant recoveries in securities fraud cases, having secured over $2.5 billion for investors in 2024 alone [6].
INSP INVESTOR ALERT: Inspire Medical Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead the Inspire Medical Class Action Lawsuit – RGRD Law
Globenewswire· 2025-11-07 01:51
Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to the poor launch of its Inspire V device for obstructive sleep apnea treatment [1][3]. Company Overview - Inspire Medical develops and manufactures an implantable medical device called "Inspire" for treating obstructive sleep apnea, with its latest version being Inspire V, which includes an implanted sensor and neurostimulator [2]. Allegations of the Lawsuit - The lawsuit claims that during the class period, Inspire Medical and its executives made false or misleading statements regarding the launch of Inspire V, asserting that demand was strong when, in fact, there was significant surplus inventory and reluctance from providers to adopt the new treatment [3]. - On August 4, 2025, Inspire Medical disclosed that the launch of Inspire V was facing an "elongated timeframe" due to undisclosed challenges, including incomplete training and onboarding at implanting centers, which hindered the ability to bill for procedures [4]. - Following the negative news, Inspire Medical reduced its 2025 earnings guidance by over 80%, leading to a more than 32% decline in the company's stock price [4]. Legal Process - 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 [1][5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone, and is recognized for obtaining significant recoveries in securities class action cases [6].