Securities Fraud
Search documents
MLTX Investor Notice: Robbins LLP Reminds Stockholders of the Securities Fraud Class Action Against MoonLake Immunotherapeutics
Globenewswire· 2025-10-17 20:43
Core Points - A class action has been filed against MoonLake Immunotherapeutics on behalf of investors who purchased its common stock between March 10, 2024, and September 29, 2025 [1] - The allegations include misleading statements regarding the efficacy of MoonLake's drug candidate SLK compared to the FDA-approved drug BIMZELX [2] - On September 28, 2025, MoonLake announced that SLK failed to demonstrate competitive efficacy relative to BIMZELX, resulting in a significant stock price drop of $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [3] Allegations - The complaint states that MoonLake misled investors about the differences between Nanobodies and monoclonal antibodies, specifically regarding SLK's clinical benefits and efficacy [2] - Key points of the allegations include that SLK and BIMZELX target the same inflammatory cytokines, and that SLK's unique structure does not provide a clinical advantage over BIMZELX [2] Next Steps - Shareholders interested in participating in the class action must submit their papers to the court by December 15, 2025, to serve as lead plaintiff [4] - Shareholders can remain absent class members if they choose not to participate in the case [4]
Securities Fraud Investigation Into Zions Bancorporation, National Association (ZION) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-17 20:25
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Zions Bancorporation, National Association ("Zions†or the "Company†) (NASDAQ: ZION) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZIONS (ZION), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 15, 2025, Zions Bancorporation disclosed it had. ...
Securities Fraud Investigation Into Western Alliance Bancorporation (WAL) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-17 19:45
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Western Alliance Bancorporation ("Western Alliance†or the "Company†) (NASDAQ: WAL) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON WESTERN ALLIANCE (WAL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 16, 2025, Western Alliance disclosed i. ...
Securities Fraud Investigation Into Jefferies Financial Group Inc. (JEF) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-10-17 14:00
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Jefferies Financial Group Inc. regarding potential violations of federal securities laws [1] Company Summary - The investigation is on behalf of investors who may have incurred losses related to Jefferies Financial Group Inc. (NYSE: JEF) [1] - The law firm is encouraging affected investors to inquire about pursuing claims to recover their losses [1]
aTyr Pharma Inc. (ATYR) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Businesswire· 2025-10-16 17:57
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of aTyr Pharma Inc. ("aTyr†or the "Company†) (NASDAQ: ATYR) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ATYR PHARMA INC. (ATYR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at h. ...
Kessler Topaz Meltzer & Check, LLP - Class Action Announcement for Molina Healthcare, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Molina Healthcare, Inc.
Globenewswire· 2025-10-16 13:42
Core Viewpoint - A securities class action lawsuit has been filed against Molina Healthcare, Inc. for allegedly making false and misleading statements regarding its financial health and operational performance during the Class Period from February 5, 2025, to July 23, 2025 [1][2]. Summary by Relevant Sections Allegations Against Defendants - The complaint claims that Molina's management failed to disclose critical adverse facts about the company's medical cost trend assumptions [2] - It is alleged that Molina was facing a dislocation between premium rates and medical cost trends [2] - The company's near-term growth was reportedly reliant on a lack of utilization of behavioral health, pharmacy, and inpatient and outpatient services [2] - As a result of these issues, Molina's financial guidance for fiscal year 2025 was likely to be significantly reduced [2] - The positive statements made by Molina's management regarding the company's business and prospects were deemed materially misleading and lacking a reasonable basis [2] Lead Plaintiff Process - Investors in Molina have until December 2, 2025, to seek appointment as a lead plaintiff representative for the class [3] - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3] - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3] Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4] - The firm aims to protect investors and consumers from fraud and negligence by businesses [4]
America's Car-Mart, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CRMT
Prnewswire· 2025-10-16 08:43
Core Viewpoint - The DJS Law Group is investigating claims on behalf of investors of America's Car-Mart, Inc. for potential violations of securities laws, particularly focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Investigation Details - The investigation centers on whether America's Car-Mart issued misleading statements or failed to disclose critical information to investors [2]. - On September 4, 2025, an article by Benzinga reported that America's Car-Mart experienced a first-quarter loss of 69 cents per share, a significant decline compared to a net loss of 15 cents per share in the same period the previous year [2]. - Following the release of these financial results, shares of America's Car-Mart dropped by over 18% on that day [2]. DJS Law Group's Focus - DJS Law Group aims to enhance investor returns through balanced counseling and aggressive advocacy, specializing in securities class actions, corporate governance litigation, and M&A appraisals [4]. - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims as significant assets [4].
Zoom Communications Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - ZM
Prnewswire· 2025-10-16 08:36
Group 1 - The DJS Law Group is investigating claims on behalf of investors of Zoom Communications Inc. for potential violations of securities laws [1] - The investigation focuses on whether Zoom issued misleading statements or failed to disclose important information to investors [1] - Shareholders who have suffered losses are encouraged to contact the DJS Law Group to participate in the investigation [1] Group 2 - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, aiming to enhance investor returns [2] - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims [2]
Capital Link Investigation: Wyndham Hotels Under Review as Luxurban Case Could Involve Up to $50 Million in Potential Damages
Globenewswire· 2025-10-15 19:30
Core Insights - Evidence from Wyndham's internal legal records indicates that the Royalton Letter of Credit was fully funded but never released, raising concerns about potential securities, franchise-law, and usury violations across multiple parties [1][3][7] Wyndham Hotels & Resorts - Internal correspondence reveals that the Royalton Hotel Letter of Credit was verified and fully funded, yet the funds were not released, suggesting LuxUrban may have been wrongfully deprived of financial security [7] - Analysts are reassessing the impact of Wyndham's conduct on LuxUrban's stock collapse, indicating that Wyndham's actions could have materially contributed to shareholder losses [4][9] LuxUrban Hotels - The ongoing investigation into LuxUrban's financial issues is now before federal bankruptcy authorities, with analysts estimating potential recoverable damages of up to $50 million related to disputed franchise-law and payment-processing transactions [2] - The stock collapse of LuxUrban is being re-evaluated, with market observers considering the role of Wyndham's disclosure failures in exacerbating shareholder losses [4][9] Cloudbeds and Merchant Cash Advances - Investigators report that Cloudbeds charged processing and financing fees that reached criminal-usury levels, draining millions from LuxUrban's operating capital without proper disclosure [10][11] - Allegations suggest that Cloudbeds and certain Merchant Cash Advance lenders implemented practices that interfered with senior secured lenders, potentially violating U.C.C. Article 9 and state usury statutes [11] Tuscany Legacy Leasing - Preliminary filings indicate that Tuscany Legacy Leasing sold LuxUrban a 15-year lease it had no right to convey, leading to an unenforceable position for LuxUrban [12] - Following the termination of Tuscany's interest, it is alleged that they fabricated termination clauses and used a Confession of Judgment to seize revenues from LuxUrban [13][14] Legal and Regulatory Implications - The potential appointment of a U.S. Trustee could lead to recovery actions against Wyndham, Cloudbeds, and related insurers, bringing transparency to the financial dealings involved [6][15] - The case may reshape enforcement standards related to franchise-law, lien-priority, usury, and securities fraud within the hospitality finance sector [16]
SHAREHOLDER ALERT: MoonLake Immunotherapeutics Sued For Securities Fraud by Block & Leviton LLP; December 15 Deadline To Seek To Serve As Lead Plaintiff
Globenewswire· 2025-10-15 15:18
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics, alleging violations of federal securities laws due to false and misleading statements regarding the company's drug candidate, sonelokimab (SLK) [1][2]. Company Allegations - The lawsuit claims that MoonLake Immunotherapeutics misled investors by promoting SLK as superior to competing monoclonal antibodies, specifically failing to disclose that SLK targeted the same molecules as UCB's BIMZELX and did not demonstrate proven superiority [2]. - Following the announcement of Phase 3 results on September 28, 2025, which indicated that SLK did not match the efficacy of BIMZELX, MoonLake's stock plummeted nearly 90%, resulting in significant investor losses [2]. Legal Proceedings - The lawsuit is filed in the Southern District of New York under the case name Bridgewood v. MoonLake Immunotherapeutics et al., and it represents all individuals who purchased MoonLake common stock between March 10, 2024, and September 29, 2025 [3]. - Investors who acquired MoonLake stock during the specified period may seek to be appointed as lead plaintiffs, with a deadline for such motions set for December 15, 2025 [4].