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CarMax, Inc. (KMX) Investors are Encouraged to Act before the Upcoming January 2 Securities Fraud Deadline – Contact BFA Law if You Lost Money
Globenewswire· 2025-12-05 13:06
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, 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: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 FY 2026, 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 company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [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]. - An unexpected departure of CEO Bill Nash on November 6, 2025, and a weak preliminary Q3 2025 outlook led to an additional stock drop of over 24% [6]. Group 3: Company Background - CarMax is a leading retailer of used cars, emphasizing a seamless customer experience and strong demand for its vehicles [3]. - The law firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is handling the lawsuit against CarMax [10].
OWL Investors Have Opportunity to Lead Blue Owl Capital Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-12-05 01:51
Core Viewpoint - A class action lawsuit has been filed against Blue Owl Capital Inc. for alleged violations of securities laws, specifically related to misleading statements and undisclosed liquidity issues that negatively impacted the company's asset base and investor confidence [1][5]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between February 6, 2025, and November 16, 2025, during which the company allegedly made false and misleading statements [2][5]. - Investors are encouraged to contact the Schall Law Firm before February 2, 2026, to discuss their rights and potential participation in the lawsuit [2][3]. Group 2: Company Impact - Blue Owl Capital faced significant pressure on its asset base due to Business Development Company (BDC) redemptions and undisclosed liquidity issues, which led to the likelihood of halting or limiting BDC redemptions [5]. - The company's public statements during the class period were deemed false and materially misleading, resulting in investor damages once the truth was revealed [5].
Halper Sadeh LLC Encourages EB and SNCR Shareholders to Contact the Firm to Discuss Their Rights
Prnewswire· 2025-12-05 01:25
Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sale of Eventbrite, Inc. to Bending Spoons for $4.50 per share [1] - The firm is also looking into Synchronoss Technologies, Inc.'s sale to Lumine Group Inc. for $9.00 per share, which is subject to adjustment for transaction expenses [2] - The firm may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders, operating on a contingent fee basis [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC free of charge to discuss their legal rights and options [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions on behalf of defrauded investors [4]
Contact Levi & Korsinsky by January 12, 2026 Deadline to Join Class Action Against Primo Brands Corporation / Primo Water Corporation(PRMB)
Globenewswire· 2025-12-04 21:25
NEW YORK, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Primo Brands Corporation / Primo Water Corporation ("Primo Brands Corporation / Primo Water Corporation" or the "Company") (NYSE: PRMB) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Primo Brands Corporation / Primo Water Corporation investors who were adversely affected by alleged securities fraud between June 17, 2024 and November 6, 2025. Follow the link below ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 9, 2026 in Telix Pharmaceuticals Ltd. Lawsuit – TLX
Globenewswire· 2025-12-04 21:21
Core Viewpoint - A class action securities lawsuit has been filed against Telix Pharmaceuticals Ltd. for alleged securities fraud affecting investors between February 21, 2025, and August 28, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that defendants made false statements regarding Telix's progress with prostate cancer therapeutic candidates [2]. - It is alleged that the quality of Telix's supply chain and partners was materially overstated by the defendants [2]. - As a result of these misrepresentations, statements about Telix's business, operations, and prospects were deemed materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 9, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [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 leading securities litigation firms in the United States [4].
Lost Money on James Hardie Industries plc.(JHX)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2025-12-04 21:19
NEW YORK, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in James Hardie Industries plc. ("James Hardie Industries plc." or the "Company") (NYSE: JHX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of James Hardie Industries plc. investors who were adversely affected by alleged securities fraud between May 20, 2025 and August 18, 2025. Follow the link below to get more information and be contacted by a member of our team: htt ...
Contact Levi & Korsinsky by January 12, 2026 Deadline to Join Class Action Against Stride, Inc.(LRN)
Globenewswire· 2025-12-04 21:19
NEW YORK, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Stride, Inc. ("Stride" or the "Company") (NYSE: LRN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stride investors who were adversely affected by alleged securities fraud between October 22, 2024 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/stride-inc-lawsuit-submission-form ...
Levi & Korsinsky Reminds Inspire Medical Systems, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 5, 2026 – INSP
Globenewswire· 2025-12-04 21:13
NEW YORK, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Inspire Medical Systems, Inc. ("Inspire Medical Systems, Inc." or the "Company") (NYSE: INSP) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Inspire Medical Systems, Inc. investors who were adversely affected by alleged securities fraud between August 6, 2024 and August 4, 2025. Follow the link below to get more information and be contacted by a member of our team ...
Freeport-McMoRan Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-12-04 21:13
Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud that affected investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia, leading to a heightened risk of worker fatalities [2]. - It is alleged that the lack of proper safety measures resulted in undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4].
Shareholders that lost money on WPP plc (WPP) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-12-04 21:12
Core Viewpoint - A class action securities lawsuit has been filed against WPP plc, alleging securities fraud that negatively impacted investors between February 27, 2025, and July 8, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that WPP provided overly positive statements while concealing material adverse facts about its media arm's ability to handle macroeconomic challenges and competition, leading to a loss of market share [2]. - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing this to macroeconomic uncertainty and weaker new business, partly due to ongoing restructuring within WPP Media [2]. - Following the trading update, WPP's stock price fell from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking a decline of approximately 18.1% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until December 8, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [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 70 employees dedicated to client service [4].