Core Viewpoint - The class action lawsuit against Six Flags Entertainment Corporation alleges that the company misrepresented its financial health and operational needs during its merger with Cedar Fair, leading to significant stock price declines post-merger [3][4]. Company Overview - Six Flags Entertainment Corporation operates amusement parks and was formerly known as CopperSteel HoldCo, Inc. [2]. Merger Details - The merger between Legacy Six Flags and Cedar Fair was completed on July 1, 2024, with Six Flags stock initially trading above $55 per share [4]. - Following the merger, the stock price plummeted to as low as $20 per share, representing a nearly 64% decline [4]. Allegations of Misrepresentation - The lawsuit claims that the registration statement for the merger failed to disclose chronic underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. - It is alleged that the company's executives misled investors by claiming transformational investments were made prior to the merger [3]. - The new CEO, Selim Bassoul, reportedly cut employee headcount to reduce costs, which negatively impacted operational competence and guest experience [3]. Legal Proceedings - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors have until January 5, 2026, to seek appointment as lead plaintiff in the lawsuit [1].

Core Viewpoint - Robbins Geller Rudman & Dowd LLP has filed a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives violated the Securities Act of 1933 by failing to disclose critical financial information related to a merger with Cedar Fair, L.P. [1][3] Summary by Sections Class Action Lawsuit Details - The lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors who purchased Six Flags stock in connection with the merger have until January 5, 2026, to seek appointment as lead plaintiff [1]. Allegations Against Six Flags - The registration statement for the merger allegedly did not disclose that Legacy Six Flags had chronic underinvestment and required millions in additional capital to maintain its market position [3]. - After becoming CEO in November 2021, Selim Bassoul reduced employee headcount to cut costs, which negatively impacted operational competence and guest experience [3]. - The lawsuit claims that the need for significant undisclosed capital undermined the rationale for the merger as presented in the registration statement [3]. Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20 per share, representing a nearly 64% decline [4].

Fortinet, Inc. ALERT: Kirby McInerney LLP Reminds Fortinet, Inc. Investors of Important Deadline in Class Action Lawsuit Share NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Fortinet, Inc. ("Fortinet†or the "Company†) (NASDAQ:FTNT) investment, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until November 21, 202 ...

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, focusing on potential breaches of fiduciary duties by certain officers and directors [1][5] Group 1: Company Background - Maison Solutions Inc. (NASDAQ: MSS) conducted its IPO on October 5, 2023, selling 2,500,000 shares of Class A common stock at a price of $4.00 per share, resulting in net proceeds of approximately $10 million [2] - The class action complaint alleges that during the Class Period (October 5, 2023 through December 15, 2023), Maison made materially false and misleading statements regarding its business operations and relationships [4] Group 2: Allegations and Investigations - Hindenburg Research published a report on December 15, 2023, highlighting "red flags" related to potentially illegal activities involving Maison Solutions [3] - The complaint claims that Maison failed to disclose that its vendor, XHJC Holdings Inc., is a related party and that the CEO and related entities allegedly used supermarkets to defraud the EB-5 visa program, leading to misleading positive statements about the company's prospects [4]

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Camping World Holdings, Inc. regarding possible violations of federal securities laws or unlawful business practices [1][3]. Financial Results and Impact - On October 28, 2025, Camping World announced its third-quarter 2025 financial results, revealing prior misstatements related to deferred tax assets, leading to a revision of its 2024 annual report with an increase of $43.8 million in reported deferred tax assets [3]. - Following the announcement, Camping World's share price fell by $4.17, approximately 24.79%, from $16.82 to $12.65 per share [3].

Accessibility StatementSkip Navigation You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449- 4900 or via e-mail at [email protected]. Lead plaintiff motions for the Lantheys class action lawsuit must be filed with the court no later than Monday, November 10, 2025. CASE ALLEGATIONS: Lantheus presents itself as a sophisticated medical technology company driving innovation in radiopharmaceuticals. Lantheus's flagship product is Pylarify, a prostate-specific ...

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for alleged violations of federal securities laws during the specified class period from June 20, 2025, to September 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that CarMax's executives made false and misleading statements regarding the company's growth prospects, which were overstated due to temporary factors related to customer behavior influenced by tariff speculation [3]. - The complaint alleges that these misleading statements resulted in material misrepresentation about CarMax's business operations and future prospects, leading to investor damages when the truth was revealed [3]. Group 2: Class Action Participation - Investors who purchased CarMax securities during the class period are encouraged to join the lawsuit, with a deadline of January 2, 2026, to request appointment as lead plaintiff [4]. - Participation in any recovery does not require serving as the lead plaintiff, allowing more investors to potentially benefit from the outcome [4]. Group 3: Legal Representation - The law firm Bronstein, Gewirtz & Grossman operates on a contingency fee basis, meaning they will only collect fees if the lawsuit is successful, thus minimizing upfront costs for investors [5]. - The firm has a history of recovering substantial amounts for investors in similar cases, indicating a strong track record in securities fraud class actions [6].

Core Insights - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Beyond Meat, Inc. and may file a class action on behalf of investors [1][2] - Beyond Meat is undergoing scrutiny regarding the valuation of certain long-lived assets, which may have been inflated [3] Company Overview - Beyond Meat specializes in plant-based meat alternatives and recently conducted a global operations review [3] - The company recorded certain long-lived assets in its balance sheet at the lower of their carrying value or fair value less costs to sell, claiming no impairments [3] Recent Developments - On October 24, 2025, Beyond Meat announced an expected non-cash impairment charge for the three months ended September 27, 2025, related to certain long-lived assets, which is anticipated to be material [3] - Following this announcement, Beyond Meat's stock price fell approximately 23%, from $2.84 per share on October 23, 2025, to $2.185 per share on October 24, 2025 [3] - On November 3, 2025, the company delayed its earnings announcement for Q3 2025 due to the need for additional time to complete the impairment review, leading to a significant decline in stock price during trading on that day [3]

Core Viewpoint - A securities fraud class action has been filed against Fiserv, Inc. following a 47% drop in its share price due to disappointing Q3 2025 financial results and significantly lowered guidance [1][2]. Financial Performance - Fiserv revised its 2025 organic revenue guidance to 10%, which is the low end of its previous range, and adjusted its EPS guidance upward to $10.15 on July 23, 2025 [5]. - On October 29, 2025, Fiserv reported a sequential decline in Q3 2025 adjusted revenue, slashing organic revenue growth expectations to 3.5%-4% and EPS outlook to $8.50-$8.60 [7]. Management and Corporate Governance - Fiserv's CEO, Michael Lyons, indicated that the company conducted a rigorous analysis of its operations, revealing that the growth assumptions in the original guidance were overly optimistic and difficult to achieve [8]. - The company announced a shake-up in its board of directors, including the departure of its chief financial officer and the head of the audit committee, effective January 1, 2026 [7]. Legal Proceedings - The class action lawsuit seeks to represent investors who acquired Fiserv securities between July 23, 2025, and October 29, 2025, alleging that Fiserv misled investors regarding its financial performance [2][4]. - Hagens Berman is investigating allegations that Fiserv may have intentionally misled investors about its business state and growth prospects [3][9].

Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the United States and Canada [4]. Allegations and Misrepresentation - During the relevant period, James Hardie claimed that its North American fiber cement segment showed "inherent strength" and "underlying momentum," while in reality, sales were inflated due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. Stock Performance and Impact - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers. This revelation led to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 within a day [6].