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Class Action Reminder for STUB Investors: Kessler Topaz Meltzer & Check, LLP Reminds StubHub Holdings, Inc. (STUB) Investors of Securities Fraud Class Action Lawsuit
Globenewswire· 2025-12-12 17:27
RADNOR, Pa., Dec. 12, 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 ...
Coupang, Inc. (NYSE: CPNG): Johnson Fistel Investigates Data Breach Disclosures Following Multiple Stock Drops
Globenewswire· 2025-12-12 16:21
Core Viewpoint - Johnson Fistel, PLLP is investigating Coupang, Inc. for potential violations of federal securities laws related to misleading statements and failure to disclose material information to investors [1] Group 1: Investigation Background - On November 29, 2025, Coupang revealed a cybersecurity incident that compromised the personal information of approximately 33.7 million customer accounts, leading to a stock price decline of $1.51 per share, or about 5.36%, from $28.16 on November 28, 2025, to $26.65 on December 1, 2025 [3] - Following the incident, on December 10, 2025, The New York Times reported the resignation of Coupang's South Korean unit CEO due to the fallout from the data breach, causing an additional stock price drop of $0.87 per share, or approximately 3.23%, from $26.93 on December 9, 2025, to $26.06 on December 10, 2025 [4]
Stride (LRN) Investor Lawsuit: Investors Face Jan. 12 Lead Plaintiff Deadline, Hagens Berman Investigates Claims Stride Misled Investors About “Ghost Students” and Poor Customer Experience
Globenewswire· 2025-12-12 14:34
Core Viewpoint - The article discusses a securities fraud class action lawsuit against Stride, Inc., alleging that the company misled investors about its operational health and compliance, leading to a significant stock crash of over 54% following damaging disclosures [1][4]. Company Allegations - Stride is accused of inflating enrollment figures by retaining "ghost students" and compounding this deception with a problematic platform upgrade that management was aware of [2][6]. - The lawsuit claims that Stride's management intentionally misled investors regarding the stability of enrollment figures and the severity of operational and compliance failures to artificially inflate stock prices [4][6]. Key Events and Impact - The lawsuit was triggered by two major disclosures: 1. On September 14, 2025, a report surfaced detailing a lawsuit by Gallup-McKinley school district, alleging fraud and deceptive practices, which caused Stride's stock to plunge by 11% [6]. 2. On October 28, 2025, Stride announced Q1 fiscal 2026 results, revealing severe operational issues due to a failed platform upgrade, leading to significant enrollment losses and a stock crash of over 54% in a single day [6]. Next Steps for Investors - Investors who purchased Stride, Inc. securities during the class period (October 22, 2024 – October 28, 2025) and suffered substantial losses may be eligible to serve as Lead Plaintiff, with a deadline to file motions by January 12, 2026 [5][6].
3-WEEK DEADLINE ALERT: CarMax (KMX) Securities Fraud Lawsuit Filed Over Alleged Concealed Demand Pull-Forward and Auto Finance Portfolio Risk
Globenewswire· 2025-12-12 14:16
Core Viewpoint - The article discusses a securities class action lawsuit against CarMax, Inc. alleging that the company misled investors about its business stability and growth prospects, resulting in significant stock declines [2][4]. Summary by Sections Lawsuit Details - The lawsuit claims that CarMax and its executives concealed critical information regarding the company's operational challenges, leading to two major stock crashes [2][5]. - The class period for the lawsuit is defined as June 20, 2025, to November 5, 2025 [3]. Allegations - The complaint identifies two main undisclosed issues: 1. CarMax misrepresented its Q1 2026 growth as sustainable, failing to disclose it was driven by a temporary surge in customer demand due to anticipated tariffs [4]. 2. Management assured investors about the stability of their loan portfolio, which later revealed a significant risk, resulting in a $142 million loan loss provision, a 40% increase sequentially [4]. Stock Performance - Following the disclosure of poor Q2 results on September 25, 2025, which included a 24% drop in net EPS, the stock fell by 20% [4]. - The unexpected termination of the CEO on November 6, 2025, amid weak Q3 guidance led to another severe decline in stock value [4]. Investor Actions - Investors who suffered losses are encouraged to contact Hagens Berman to discuss their rights and potential involvement in the lawsuit, with a lead plaintiff deadline set for January 2, 2026 [5][6].
CarMax, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 2, 2026 to Discuss Your Rights - KMX
Prnewswire· 2025-12-12 14:00
NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and November 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-submissio ...
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Firefly Aerospace Inc.(FLY) Shareholders
Prnewswire· 2025-12-12 14:00
NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Firefly Aerospace Inc. ("Firefly Aerospace Inc." or the "Company") (NASDAQ: FLY) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Firefly Aerospace Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired: (a) Firefly com ...
MoonLake Immunotherapeutics Class Action: Levi & Korsinsky Reminds MoonLake Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 15, 2025 - MLTX
Prnewswire· 2025-12-12 14:00
Core Viewpoint - A class action securities lawsuit has been filed against MoonLake Immunotherapeutics, alleging securities fraud that affected investors between March 10, 2024, and September 29, 2025 [1]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements regarding MoonLake's drug candidate SLK, asserting that it shares molecular targets with BIMZELX and that SLK's unique structure does not provide superior clinical benefits [2]. - It is alleged that the supposed increased tissue penetration of SLK does not translate to clinical efficacy, indicating a lack of reasonable basis for the positive claims made about SLK's superiority over monoclonal antibodies [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until December 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, emphasizing that there is no financial obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 20 years of experience [4].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of DeFi Technologies(DEFT) Shareholders
Prnewswire· 2025-12-12 14:00
Core Viewpoint - DeFi Technologies is facing a class action lawsuit due to alleged securities fraud that has negatively impacted investors between May 12, 2025, and November 14, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that DeFi Technologies made false statements regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver for the company [2]. - It is alleged that the company understated the competition it faced from other digital asset treasury companies, which affected its ability to execute its DeFi arbitrage strategy [2]. - As a result of these issues, DeFi Technologies is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - The defendants are accused of downplaying the true scope and severity of the negative impacts on the company's business and financial results [2]. - Public statements made by the defendants are claimed to be materially false and misleading throughout the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant timeframe have until January 30, 2026, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky 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 Announces the Filing of a Securities Class Action on Behalf of Avantor, Inc.(AVTR) Shareholders
Prnewswire· 2025-12-12 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Avantor, Inc. alleging securities fraud that affected investors between March 5, 2024, and October 28, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Avantor's competitive positioning was misrepresented, indicating it was weaker than publicly stated [2]. - It is alleged that Avantor faced negative impacts from increased competition, which were not disclosed by the defendants [2]. - The representations made by the defendants regarding the company's business, operations, and prospects are claimed to be materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until December 29, 2025, to request appointment as lead plaintiff [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as a leading firm in securities litigation [4]. - The firm has been ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities litigation [4].
Telix Pharmaceuticals Ltd. Class Action: Levi & Korsinsky Reminds Telix Pharmaceuticals Ltd.
Prnewswire· 2025-12-12 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Telix Pharmaceuticals Ltd. alleging securities fraud that affected investors between February 21, 2025, and August 28, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that defendants made false statements regarding Telix's progress with prostate cancer therapeutic candidates, overstated the quality of its supply chain and partners, and that these statements were materially false and misleading [2]. - Investors who suffered losses during the specified timeframe have until January 9, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. Group 2: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and being recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].