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MOH INVESTOR DEADLINE: Molina Healthcare, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-10-17 10:05
Core Viewpoint - Molina Healthcare, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims centered around undisclosed adverse financial information and misleading guidance during a specific class period [1][4][5]. Company Overview - Molina Healthcare provides managed healthcare services primarily to low-income families and individuals through Medicaid, Medicare, and state insurance marketplaces [3]. Allegations of the Lawsuit - The lawsuit alleges that Molina Healthcare failed to disclose critical information regarding its medical cost trend assumptions and the dislocation between premium rates and medical costs [4]. - It is claimed that Molina's near-term growth relied on reduced utilization of various healthcare services, which was not communicated to investors [4]. - The lawsuit also states that Molina's financial guidance for fiscal year 2025 was likely to be significantly reduced due to these undisclosed factors [4]. Financial Performance and Impact - On July 7, 2025, Molina reported adjusted earnings of approximately $5.50 per share, which was below prior expectations due to medical cost pressures across all business lines [5]. - Following this announcement, Molina Healthcare's stock price experienced a decline, attributed to the revelation of ongoing medical cost pressures [5]. - On July 23, 2025, Molina further cut its full-year 2025 earnings guidance, reporting a GAAP net income of $4.75 per diluted share for Q2 2025, an 8% decrease year-over-year, and projecting adjusted earnings of no less than $19.00 per diluted share for the full year [6]. - This announcement led to a nearly 17% drop in Molina's stock price, reflecting investor reaction to the challenging medical cost environment [6]. Legal Process - Investors who purchased Molina Healthcare securities during the class period have until December 2, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][7]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8][9].
Investigation Launched into F5, Inc. (FFIV), Attorneys Encourage Investors and Potential Witnesses to Contact RGRD LLP
Globenewswire· 2025-10-17 10:00
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving F5, Inc., focusing on whether F5 and its executives made false or misleading statements or failed to disclose material information to investors [1] Company Overview - F5, Inc. provides multi-cloud application security and delivery solutions [2] Recent Developments - On October 15, 2025, F5 disclosed that a highly sophisticated nation-state threat actor gained unauthorized access to certain F5 systems, maintaining long-term access to systems including the BIG-IP product development environment and engineering knowledge management platform [3] - F5's investigation revealed that certain files were exfiltrated, including portions of the BIG-IP source code and information about undisclosed vulnerabilities [3] - Following this revelation, the price of F5 shares experienced a decline [3]
FFIV INVESTIGATION ALERT: Investigation Launched into F5, Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-10-16 23:05
Core Insights - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving F5, Inc., focusing on whether F5 and its executives made false or misleading statements or failed to disclose material information to investors [1][2] Company Overview - F5, Inc. provides multi-cloud application security and delivery solutions [2] Recent Developments - On October 15, 2025, F5 disclosed that a highly sophisticated nation-state threat actor gained unauthorized access to certain F5 systems, maintaining long-term access to systems including the BIG-IP product development environment [3] - The investigation revealed that certain files were exfiltrated, including portions of the BIG-IP source code and information about undisclosed vulnerabilities [3] - Following this revelation, the price of F5 shares experienced a decline [3]
LFMD 11-DAY DEADLINE ALERT: Lawsuit Targets Telehealth Firm LifeMD (LFMD) Over Alleged Misleading Statements -- Hagens Berman
Globenewswire· 2025-10-16 20:32
Core Viewpoint - A federal securities fraud class action lawsuit has been filed against LifeMD, alleging misleading representations regarding its financial health and growth prospects, following a significant stock price decline after its earnings report in August 2025 [1]. Summary by Sections Lawsuit Details - The lawsuit, titled Johnston v. LifeMD, Inc., covers the period from May 7, 2025, to August 5, 2025, claiming that LifeMD made false statements, particularly during its first-quarter results announcement on May 6, 2025, when it raised its full-year revenue and adjusted EBITDA guidance [2]. - The complaint asserts that LifeMD's optimistic outlook, which highlighted a "category-defining competitive moat" in virtual obesity care and strong performance from its RexMD brand, was misleading as it did not disclose significant operational challenges [2]. Operational Challenges - The lawsuit contends that LifeMD faced increasing customer acquisition costs in its RexMD segment and a higher-than-expected refund rate in its weight management business, which were not disclosed to investors [3]. Stock Price Impact - The alleged misleading information came to light on August 5, 2025, when LifeMD reported second-quarter results that missed revenue and earnings per share estimates, leading to a reduction in its full-year guidance. The management attributed this to "temporary elevated customer acquisition costs" and refund issues, resulting in a stock price drop of over 44% the following day [4]. Investor Recovery - For investors who incurred significant losses during the specified period, the lawsuit presents an opportunity for potential recovery of damages [5].
Securities Fraud Investigation Into Jefferies Financial Group Inc. (JEF) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-16 18:29
Core Viewpoint - Jefferies Financial Group Inc. is under investigation for potential violations of federal securities laws, which may impact investors who have incurred losses [1] Group 1 - The investigation is being conducted by The Law Offices of Frank R. Cruz on behalf of investors [1] - Investors who lost money on Jefferies Financial Group Inc. are encouraged to inquire about pursuing claims to recover their losses [1]
Deadline Alert: Semler Scientific Inc. (SMLR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-10-16 17:08
Core Viewpoint - The article discusses a class action lawsuit against Semler Scientific Inc. due to alleged misleading statements and failure to disclose a DOJ investigation related to the company's QuantaFlo device, impacting investors during the specified class period [1][4]. Group 1: Company Background and Events - Semler Scientific Inc. is facing a class action lawsuit for allegedly making materially false and misleading statements regarding its business operations and the risks associated with a DOJ investigation [4]. - The company disclosed on February 28, 2025, that it had received a civil investigative demand from the DOJ regarding reimbursement claims related to its QuantaFlo device, which was not previously disclosed to investors [2][4]. - Following the announcement of a settlement agreement with the DOJ for $29.75 million on April 15, 2025, Semler's stock price fell significantly, indicating investor concern and potential financial impact [3]. Group 2: Stock Price Impact - After the February 28, 2025 disclosure, Semler's stock price dropped by $4.03, or 9.4%, closing at $38.89 per share on March 3, 2025 [3]. - Following the April 15, 2025 settlement announcement, the stock price fell by $3.40, or 9.9%, closing at $31.00 per share on April 16, 2025, further injuring investors [3]. Group 3: Legal Proceedings - The class action lawsuit allows investors who purchased Semler securities between March 10, 2021, and April 15, 2025, to file a lead plaintiff motion by October 28, 2025 [1][5]. - The lawsuit alleges that the defendants failed to disclose the DOJ investigation, which misled investors about the company's true operational risks and prospects [4].
MLTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-10-16 17:03
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics for alleged violations of federal securities laws, claiming that the company made false statements regarding the efficacy of its drug candidate, sonelokimab [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased MoonLake securities between March 10, 2024, and September 29, 2025 [2]. - Allegations include that MoonLake misrepresented the efficacy of sonelokimab, claiming it was superior to other monoclonal antibodies without evidence [3]. - The Phase 3 trial results of sonelokimab were described as "disastrous," leading to a nearly 90% loss in the company's stock value [3]. Group 2: Next Steps - Investors who suffered losses in MoonLake have until December 15, 2025, to request to be appointed as lead plaintiff in the class action [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if successful in the lawsuit [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [6].
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Cineverse Corp. (NASDAQ: CNVS)
Prnewswire· 2025-10-16 12:05
Core Viewpoint - Purcell & Lefkowitz LLP is investigating Cineverse Corp. to determine if its directors breached fiduciary duties related to recent corporate actions [1]. Group 1 - The investigation is on behalf of Cineverse Corp.'s shareholders [1]. - Shareholders interested in their rights and options can contact Purcell & Lefkowitz LLP for more information [2]. - Purcell & Lefkowitz LLP specializes in representing shareholders affected by securities fraud and corporate misconduct [3].
MLTX INVESTOR ALERT: MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-10-16 10:00
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 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) [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 the same condition [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 efficacy [4]. Stock Performance Impact - Following the announcement of disappointing results from the Phase 3 VELA program on September 28, 2025, which indicated SLK did not demonstrate competitive efficacy against BIMZELX, MoonLake's stock price plummeted nearly 90% [5]. Legal Process - Investors who suffered losses during the class period can seek to become lead plaintiffs in the lawsuit, with a deadline for motions set for December 15, 2025 [2][6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
Larimar Therapeutics, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - LRMR
Prnewswire· 2025-10-16 08:44
Core Viewpoint - DJS Law Group is investigating Larimar Therapeutics, Inc. for potential violations of securities laws related to misleading statements and undisclosed information regarding a clinical study [1][2]. Investigation Details - The investigation centers on Larimar's September 29, 2025 announcement of an open-label study involving daily subcutaneous injections of Nomlabofusp for Friedreich's Ataxia, which was presented as having positive results despite severe allergic reactions experienced by multiple participants [2]. - Following the release of this information, Larimar's shares experienced a significant decline of 33.66% [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].