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SYNOPSYS CLASS ACTION LAWSUIT: Synopsys, Inc. (NASDAQ:SNPS) Investors with Losses are Notified of the Upcoming December 30 Court Deadline – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - Synopsys, Inc. specializes in design automation software products used for designing and testing integrated circuits. Its Design IP segment, which provides pre-designed silicon components, has been the fastest-growing segment, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. Financial Performance - In Q3 2025, Synopsys reported a revenue of $425.9 million for its Design IP segment, reflecting a 7.7% year-over-year decline. The net income was $242.5 million, marking a 43% year-over-year decline [6]. Customer Dynamics - The lawsuit alleges that while Synopsys claimed its customers relied on its IP to minimize integration risk, in reality, customers began requiring more customization for IP components, negatively impacting the economics of the Design IP business and threatening its business model [5]. Stock Market Reaction - Following the release of disappointing Q3 2025 results, Synopsys' stock price fell from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025, a decline of nearly 36% [6].
STRIDE INVESTIGATION: Stride, Inc. (NYSE:LRN) Investors with Losses are Notified of the Pending Securities Fraud Investigation – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price due to poor customer experiences stemming from platform changes [1][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [2]. - The company previously reported "record demand" for its products and services, indicating strong customer interest [2]. Recent Developments - Stride's stock price fell by more than 54%, dropping from $153.53 to $70.05 per share after the company disclosed that its growth rate did not meet expectations due to poorly executed upgrades [4][5]. - The upgrades led to a "poor customer experience," resulting in higher withdrawal rates and lower conversion rates, with an estimated loss of 10,000-15,000 enrollments [4]. Legal Implications - Bleichmar Fonti & Auld LLP is investigating Stride for potential securities fraud, encouraging affected investors to seek additional information [1][6].
COTY INVESTIGATION: Coty Inc. Investors with Losses are Notified of the Pending Securities Fraud Investigation – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - Coty Inc. is under investigation for potential violations of federal securities laws, following disappointing financial results and claims of overstated demand for its Prestige fragrances [1][2][3]. Company Overview - Coty Inc. is one of the largest beauty companies globally, with a diverse portfolio that includes fragrance, color cosmetics, and skin and body care products. Prestige fragrances represent 60% of the company's revenues [2]. Financial Performance - On August 20, 2025, Coty reported disappointing financial results for Q4 and FY 2025, citing issues such as weaknesses in U.S. execution, retailer inventory buildup, and challenges from previous fiscal year innovations. The company noted a slowdown in cosmetics sales due to value-seeking behavior and U.S.-specific factors [3]. - Following the announcement of these results, Coty's stock price fell by $1.05, a decline of over 21%, from $4.86 to $3.81 per share [3].
CARMAX CLASS ACTION LAWSUIT: CarMax, Inc. (NYSE:KMX) Investors with Losses are Notified of the Upcoming January 2 Court Deadline – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2025, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Reasons for the Lawsuit - CarMax has been accused of misleading investors regarding the demand for its cars, which was allegedly boosted by U.S. tariffs, leading to a temporary increase in sales [3]. - The firm is also investigating whether CarMax adequately assessed or reserved for its portfolio of car loans [4]. Group 3: Financial Performance and Stock Impact - On September 25, 2025, CarMax reported disappointing financial results for Q2 FY2026, including 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 the previous year, attributed to a "pull forward" in demand due to tariff announcements [5]. - Following the financial report, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [6].
Alvotech INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (ALVO)
Globenewswire· 2025-11-05 01:00
Core Viewpoint - Alvotech is under investigation for potential violations of federal securities laws following a significant decline in its stock price after receiving a complete response letter from the FDA regarding its biologics license application for AVT05 [1][3]. Group 1: Company Investigation - Kirby McInerney LLP is investigating potential claims against Alvotech for possible unlawful business practices [1]. - The investigation is focused on whether Alvotech violated federal securities laws [1]. Group 2: Recent Developments - On November 3, 2025, Alvotech received a complete response letter from the FDA related to a failed facility inspection that took place in July 2025 [3]. - Following this news, Alvotech's share price dropped by $2.62, representing a decline of approximately 34.25%, from $7.65 on October 31, 2025, to $5.03 on November 3, 2025 [3].
FLR Deadline: FLR Investors with Losses in Excess of $100K Have Opportunity to Lead Fluor Corporation Securities Fraud Lawsuit
Prnewswire· 2025-11-04 22:38
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, of the upcoming lead plaintiff deadline for a class action lawsuit on November 14, 2025 [1]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 14, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding the financial impact of various projects, including the Gordie Howe International Bridge and Texas highway projects, due to rising costs and economic uncertainty [5]. - It is claimed that these misstatements led to an unreliable financial outlook for Fluor for the full year 2025, ultimately resulting in investor damages when the true situation was revealed [5].
LNTH Deadline: LNTH Investors with Losses in Excess of $100K Have Opportunity to Lead Lantheus Holdings, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-11-04 22:05
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Lantheus Holdings, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased Lantheus securities between February 26, 2025, and August 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 10, 2025 [3][5]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4]. - The firm has been recognized for its achievements in securities class action settlements, including a notable settlement against a Chinese company and ranking highly in the number of settlements achieved [4]. Group 3: Case Allegations - The lawsuit alleges that Lantheus provided misleading statements regarding its product Pylarify, failing to disclose critical information about its competitive position and pricing strategy [5]. - It is claimed that Lantheus's price increase in early 2025, despite previous price erosion, created risks for Pylarify's pricing and revenue potential, leading to investor damages when the true situation was revealed [5].
MLTX INVESTOR ALERT: RGRD LLP Announces that MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-11-04 22:00
Core Viewpoint - The MoonLake class action lawsuit alleges that MoonLake Immunotherapeutics and its executives violated the Securities Exchange Act of 1934, impacting investors who purchased or acquired its common stock [1][3]. Company Overview - MoonLake Immunotherapeutics is a clinical stage biotechnology company focused on developing therapies for inflammatory skin and joint diseases, with its primary drug candidate being sonelokimab (SLK) for treating hidradenitis suppurativa (HS) [3]. Allegations - The lawsuit claims that MoonLake made false or misleading statements regarding SLK's efficacy compared to Union Chimique Belge's BIMZELX, which is an FDA-approved monoclonal antibody for HS [4]. - Specific allegations include that SLK and BIMZELX target the same inflammatory cytokines (IL-17A and IL-17F), and that SLK's unique Nanobody structure does not provide superior clinical benefits or increased tissue penetration as claimed [4]. Stock Impact - Following the announcement of disappointing Phase 3 VELA program results on September 28, 2025, which indicated SLK's failure to demonstrate competitive efficacy against BIMZELX, MoonLake's stock price plummeted nearly 90% [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased MoonLake common stock during the class period to seek lead plaintiff status in the lawsuit, representing the interests of the class [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing significant monetary relief for investors [7].
MoonLake Immunotherapeutics (MLTX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-04 20:26
Core Viewpoint - Investors in MoonLake Immunotherapeutics have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of misleading statements made by the company regarding its products and clinical benefits [1][3]. Summary by Sections Lawsuit Details - The lawsuit alleges that from March 10, 2024, to September 29, 2025, the defendants failed to disclose critical information about the company's products, specifically that SLK and BIMZELX share the same molecular targets, and that SLK's unique Nanobody structure does not provide superior clinical benefits compared to BIMZELX [3]. Investor Participation - Investors who suffered losses in MoonLake Immunotherapeutics are encouraged to contact the Law Offices of Howard G. Smith before December 15, 2025, to participate in the ongoing securities fraud lawsuit [2][4]. Legal Rights - Investors have the option to retain counsel of their choice or remain absent members of the class action without taking any immediate action [5].
Deadline Soon: Fly-E Group, Inc. (FLYE) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-11-04 18:20
Core Points - The Law Offices of Frank R. Cruz is reminding investors about the November 7, 2025 deadline to participate as a lead plaintiff in a securities fraud class action lawsuit against Fly-E Group, Inc. [1] - The lawsuit is on behalf of investors who acquired Fly-E Group, Inc. securities between July 15, 2025, and August 14, 2025, inclusive [1] Company Information - Fly-E Group, Inc. is listed on NASDAQ under the ticker symbol FLYE [1] - The class action lawsuit pertains to investors who lost money during the specified class period [1]