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Cytokinetics, Incorporated Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 17, 2025 to Discuss Your Rights - CYTK
Prnewswire· 2025-10-23 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of Cytokinetics, Incorporated regarding potential lead plaintiff appointments in a class action lawsuit related to misleading statements about the New Drug Application (NDA) for aficamten [1][2] - The class period for the lawsuit is from December 27, 2023, to May 6, 2025, during which shareholders are encouraged to register for participation [2] - Allegations include that Cytokinetics misrepresented the timeline for FDA approval and failed to disclose risks associated with not submitting a Risk Evaluation and Mitigation Strategy (REMS), leading to inflated stock prices and subsequent losses for investors when the truth was revealed [1] Company Specifics - Cytokinetics is facing legal scrutiny for allegedly making materially false and misleading statements regarding its NDA submission process for aficamten, which is critical for its market position [1] - The company had multiple pre-NDA meetings with the FDA but chose to submit the NDA without a REMS, which could have significant implications for its regulatory approval process [1] Legal Context - The Gross Law Firm is recognized for its commitment to protecting investor rights and seeks recovery for those who suffered losses due to misleading corporate practices [3] - Shareholders are advised to register by November 17, 2025, to be included in the monitoring of the case's progress [2]
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before November 10, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-10-23 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to misleading statements about the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue [1] - The class period for the lawsuit is from July 15, 2025, to August 14, 2025, with a significant revenue decline of 32% reported on August 14, 2025, attributed to decreased unit sales and recent lithium-battery accidents [1] - Following the revelation of the financial issues, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [1] Company and Industry Summary - Fly-E Group, Inc. faced allegations of providing overly positive statements while concealing material adverse facts about its lithium battery safety, leading to a significant decline in sales and revenue projections [1] - The company reported a substantial decrease in net revenues, primarily driven by a drop in total units sold, which was linked to safety incidents involving its products [1] - The Gross Law Firm is encouraging shareholders to register for the class action lawsuit, with a deadline for lead plaintiff applications set for November 10, 2025 [2]
Vera Bradley, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - VRA
Prnewswire· 2025-10-23 09:47
Core Viewpoint - DJS Law Group is investigating claims against Vera Bradley, 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 Vera Bradley's Q1 fiscal year 2026 financial results released on June 11, 2025, which disappointed investors. The CEO acknowledged ongoing negative trends in top line and profitability [2]. - Following the release of the disappointing financial results, Vera Bradley's shares experienced a significant decline of 19% on the same day [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
ROSEN, A TOP-RANKED INVESTOR RIGHTS COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-10-23 00:44
Core Viewpoint - Rosen Law Firm is reminding investors who purchased V.F. Corporation securities during the specified class period of the upcoming lead plaintiff deadline on November 12, 2025 [1]. Group 1: Class Action Details - Investors who bought V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lawsuit alleges that V.F. Corporation's management provided misleading information regarding the company's turnaround plans, particularly concerning the Vans brand [5]. 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 this area [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in securities class action settlements [4]. Group 3: Case Specifics - The lawsuit claims that V.F. Corporation's management concealed necessary actions that would impact the growth trajectory of the Vans brand, leading to investor damages when the truth was revealed [5].
V.F. Corporation INVESTOR ALERT: Kirby McInerney LLP Reminds V.F. Corporation Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit
Globenewswire· 2025-10-22 22:00
Core Insights - V.F. Corporation (VFC) has experienced a significant decline in the growth trajectory of its Vans brand, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025, and this trend is expected to continue into the next quarter [3][4] - The company's share price fell by approximately 15.8%, from $14.43 to $12.15, following the announcement of disappointing financial results and guidance [3] Financial Performance - VFC reported a substantial decline in the Vans brand's performance, indicating a high single-digit revenue decline even without the deliberate actions taken to eliminate unprofitable businesses [3] - The company's fourth quarter and full-year fiscal 2025 results were below expectations, attributed to both deliberate actions and underlying issues in the brand's growth [3] Legal Action - A class action lawsuit has been filed on behalf of investors who purchased VFC securities between October 30, 2023, and May 20, 2025, alleging that the company made materially false and misleading statements regarding its turnaround plans for the Vans brand [4] - The lawsuit claims that significant reset actions were necessary for the Vans brand to return to growth, which were not disclosed to investors [4]
Halper Sadeh LLC Encourages Snap Inc. Shareholders to Contact the Firm to Discuss Their Rights
Businesswire· 2025-10-22 21:13
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by officers and directors of Snap Inc., encouraging shareholders to contact the firm to discuss their rights and possible legal actions [1][2]. Group 1: Shareholder Rights and Legal Actions - Shareholders who acquired Snap stock on or before April 23, 2021, may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [2]. Group 2: Importance of Shareholder Participation - Active shareholder involvement can lead to improvements in company policies, practices, and oversight, ultimately enhancing shareholder value [3]. Group 3: Firm's Background and Experience - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].
INVESTOR DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - DOW
Prnewswire· 2025-10-22 21:00
SAN DIEGO, Oct. 22, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Dow Inc. (NYSE: DOW) securities between January 30, 2025 and July 23, 2025, inclusive (the "Class Period"), have until Tuesday, October 28, 2025 to seek appointment as lead plaintiff of the Dow class action lawsuit. Captioned Sarti v. Dow Inc., No. 25-cv-12744 (E.D. Mich.), the Dow class action lawsuit charges Dow, The Dow Chemical Company, a Dow subsidiary, and certain of Dow's executives wi ...
MRX Investors Have Opportunity to Lead Marex Group plc Securities Fraud Lawsuit
Prnewswire· 2025-10-22 20:40
Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of Marex Group plc securities during the specified Class Period, indicating potential legal issues surrounding the company's financial disclosures and practices [1][5]. Group 1: Class Action Details - The class action lawsuit is on behalf of purchasers of Marex securities between May 16, 2024, and August 5, 2025, and a previous class action has already been filed [1]. - Investors who purchased Marex securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm directly, with a deadline to serve as lead plaintiff set for December 8, 2025 [3][6]. Group 2: Allegations Against Marex - The lawsuit alleges that Marex made materially false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [5]. - It is claimed that Marex's financial statements could not be relied upon due to these issues, leading to misleading positive statements about the company's business and operations [5].
Fly-E Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 10, 2025 to Discuss Your Rights – FLYE
Globenewswire· 2025-10-22 20:10
Core Viewpoint - The Gross Law Firm is notifying shareholders of Fly-E Group, Inc. about a potential class action lawsuit due to misleading statements regarding the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and revenue projections [1][3]. Summary by Sections Allegations - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [3]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [3]. - Following this revelation, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an approximate 87% decline in just one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period (July 15, 2025, to August 14, 2025) are encouraged to register for the class action by November 10, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [5].
Fortinet, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 21, 2025 to Discuss Your Rights – FTNT
Globenewswire· 2025-10-22 20:08
Core Points - The Gross Law Firm has issued a notice to shareholders of Fortinet, Inc. regarding a class action lawsuit related to alleged false statements made by the company during a specific period [1][3] - The class period for the lawsuit is from November 8, 2024, to August 6, 2025, during which Fortinet is accused of misrepresenting the potential profitability of its product refresh cycle [3][4] - Shareholders are encouraged to register for the class action by November 21, 2025, to potentially become lead plaintiffs and receive updates on the case [4] Allegations - The complaint alleges that Fortinet's management misled investors about the refresh cycle's profitability, claiming it would be more lucrative than it actually was, as it involved old products that represented a "small percentage" of the company's business [3] - It is also claimed that Fortinet did not have a clear understanding of the number of FortiGate firewalls eligible for upgrades and misrepresented the momentum of the refresh cycle, stating it would gain traction over two years while it was pushed through rapidly in just a few months [3] Next Steps for Shareholders - Shareholders who purchased FTNT shares during the class period should register to be enrolled in a portfolio monitoring system that will provide updates on the case [4] - There is no cost or obligation for shareholders to participate in the class action [4] About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5]