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MLTX Investors Have Opportunity to Lead MoonLake Immunotherapeutics Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-10-15 19:37
Core Viewpoint - MoonLake Immunotherapeutics is facing a class action lawsuit for securities fraud, alleging that the company made false and misleading statements regarding its drug candidate, sonelokimab (SLK), which led to significant losses for investors [4]. Group 1: Lawsuit Details - The Schall Law Firm is representing investors in a class action lawsuit against MoonLake Immunotherapeutics for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased securities between March 10, 2024, and September 29, 2025, are encouraged to contact the firm before December 15, 2025 [2]. - The lawsuit claims that MoonLake misled the market about the superiority of SLK over other monoclonal antibodies, despite lacking proven advantages [4]. Group 2: Impact on Investors - Following the announcement of a Phase 3 trial result deemed "disastrous" by analysts, MoonLake's shares lost almost 90% of their value [4]. - The company's public statements were characterized as false and materially misleading throughout the class period, resulting in damages for investors when the truth was revealed [4].
Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against Lantheus Holdings, Inc.
Prnewswire· 2025-10-15 19:16
Core Viewpoint - A securities class action lawsuit has been filed against Lantheus Holdings, Inc. for allegedly making false and misleading statements regarding its product PYLARIFY and its competitive position during the specified class period from February 26, 2025, to August 5, 2025 [1][2]. Summary by Relevant Sections Allegations Against Lantheus - The lawsuit claims that Lantheus misled investors about the competitive position of PYLARIFY, failing to properly assess pricing and competitive dynamics [2]. - It is alleged that Lantheus did not disclose that a price increase in early 2025, despite previous price erosion, created opportunities for competitive pricing, which could jeopardize PYLARIFY's price point and revenue growth [2]. - The complaint asserts that the public statements made by Lantheus were materially false and misleading throughout the class period [2]. Lead Plaintiff Process - Investors in Lantheus have until November 10, 2025, to seek appointment as a lead plaintiff representative of the class or may choose to remain absent [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group with the largest financial interest [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].
Deadline Approaching: Marex Group PLC (MRX) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith
Businesswire· 2025-10-15 18:57
Core Viewpoint - Marex Group PLC is facing a class action lawsuit due to allegations of accounting fraud and misleading financial disclosures, with a deadline for investors to file a lead plaintiff motion by December 8, 2025 [1][5]. Summary by Sections Allegations and Findings - A report by NINGI Research on August 5, 2025, accused Marex of engaging in a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits [3]. - Specific allegations include a $17 million receivable created without basis, a subsidiary's profit inflated by 150% before liquidation, and a $14.9 million asset sold to Robinhood for only $2.5 million [3]. - The report also claimed Marex concealed nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund, misclassifying structured note issuance as income to inflate cash flow [3]. Stock Market Reaction - Following the allegations, Marex's stock price dropped by $2.33, or 6.2%, closing at $35.31 per share on August 5, 2025, with unusually high trading volume [4]. Lawsuit Details - The class action lawsuit alleges that Marex made materially false and misleading statements and failed to disclose adverse facts about its business and operations during the class period from May 16, 2024, to August 5, 2025 [5]. - Key points of the lawsuit include the sale of over-the-counter financial instruments to itself, inconsistencies in financial statements, and the unreliability of Marex's financial disclosures [5]. Participation Information - Investors who purchased Marex securities during the class period can file a motion to be appointed as lead plaintiff by the deadline of December 8, 2025 [6].
SNAP 5-DAY DEADLINE ALERT: Snap Inc. (SNAP) Sued, Lawsuit Alleges Ad Platform ‘Execution Error' Concealed From Investors, According to Hagens Berman
Globenewswire· 2025-10-15 18:44
Core Insights - Snap Inc. shares declined by 6.6% following Mizuho's initiation of coverage with a Neutral rating and a $9 price target, describing the company as a "show-me story" due to weak feedback from its advertising channels [1][2] Company Performance - Snap faced significant negative consequences from an "execution error" related to a recent change in its advertising platform, which was not disclosed to investors during the Class Period [5][8] - The company's Q2 2025 results revealed a slowdown in ad revenue growth, dropping from 9% in Q1 to just 1% in April, leading to a 17% stock price drop the following day [6] Legal Issues - A federal securities class action lawsuit has been filed against Snap and certain senior executives, alleging misleading representations regarding the performance and growth prospects of its digital advertising platform [2][5] - The lawsuit covers investors who purchased shares between April 29, 2025, and August 5, 2025 [7][11]
LifeMD, Inc. (NASDAQ: LFMD) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
Prnewswire· 2025-10-15 18:33
Core Viewpoint - A class action lawsuit has been filed against LifeMD, Inc. for allegedly making materially false and misleading statements regarding its business and financial outlook, leading to a significant drop in share price [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who purchased LifeMD shares between May 7, 2025, and August 5, 2025 [1][2]. - Investors have until October 27, 2025, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Allegations Against LifeMD - LifeMD is accused of overstating its competitive position and raising its 2025 guidance without properly accounting for increasing customer acquisition costs, particularly in its RexMD segment and for obesity-related drugs [3]. - Following the revelation of the true facts, LifeMD's shares plummeted by 44%, equating to a loss of $5.31 per share in a single trading session [3].
MOH INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Molina Healthcare, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-10-15 18:05
Core Viewpoint - Molina Healthcare, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives failed to disclose critical financial information during the class period from February 5, 2025, to July 23, 2025 [1][3]. Group 1: Allegations and Financial Impact - The lawsuit alleges that Molina Healthcare did not disclose adverse facts regarding its medical cost trend assumptions and the dislocation between premium rates and medical costs [3]. - It is claimed that Molina's near-term growth relied on low utilization of various healthcare services, which was not communicated to investors [3]. - Following the announcement of second quarter 2025 adjusted earnings of approximately $5.50 per share, which was below expectations due to medical cost pressures, Molina cut its earnings guidance by 10.2% at the midpoint [4]. - On July 23, 2025, Molina reported a GAAP net income of $4.75 per diluted share for the second quarter, an 8% decrease year-over-year, and revised its full-year 2025 adjusted earnings expectation to no less than $19.00 per diluted share [5]. Group 2: Class Action Process - Investors who purchased Molina Healthcare securities during the class period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to act on behalf of other class members [6]. - The lead plaintiff can select a law firm of their choice to represent the class in the lawsuit [6]. Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been recognized for securing the most monetary relief for investors in securities class action cases, ranking 1 in the ISS Securities Class Action Services rankings for four out of the last five years [7].
FTNT Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (FTNT) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Prnewswire· 2025-10-15 15:29
Core Viewpoint - A securities class action lawsuit has been filed against Fortinet, Inc. for alleged misleading statements and omissions regarding the company's business operations and prospects during the Class Period from November 8, 2024, to August 6, 2025 [1] Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be more lucrative than it actually was, as it involved old products that constituted a "small percentage" of the business [2] - It is alleged that Fortinet did not have a clear understanding of the number of FortiGate firewalls eligible for upgrades, which was concealed from investors [2] - The company reportedly misled investors by claiming that the refresh would gain momentum over two years, while in reality, it pushed through about half of the refresh in just a few months by the end of Q2 2025 [2] - As a result of these actions, the statements made by Fortinet regarding its business and future prospects were materially false and misleading [2] Lead Plaintiff Process - Investors in Fortinet have until November 21, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [3] - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [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]
Informatica Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - INFA
Prnewswire· 2025-10-15 08:58
Core Viewpoint - DJS Law Group is investigating claims against Informatica Inc. for potential violations of securities laws following disappointing financial results that led to a significant drop in share price [2]. Investigation Details - The investigation centers on whether Informatica made misleading statements or failed to disclose critical information to investors [2]. - Informatica reported a 3.8% year-over-year decrease in GAAP total revenues and a 2% year-over-year decrease in GAAP subscription revenues for Q4 2024 and the full year 2024 [2]. - Following the release of these results, Informatica's shares fell by more than 21% [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
DOW INVESTOR ALERT: Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit
Prnewswire· 2025-10-15 08:30
Core Viewpoint - The article discusses a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's financial health and ability to manage macroeconomic challenges [1][4]. Company Overview - Dow Inc. provides materials science solutions across various sectors, including packaging, infrastructure, mobility, and consumer applications [3]. Allegations of the Lawsuit - The lawsuit claims that Dow and its executives made false or misleading statements about the company's financial flexibility and ability to handle macroeconomic and tariff-related challenges [4]. - It is alleged that Dow understated the negative impacts of competitive pressures, softening global sales, and product oversupply on its business [4]. Financial Performance - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00 due to ongoing weakness in key markets [5]. - Following this downgrade, Dow's stock price fell by over 3% [5]. - On July 24, 2025, Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of approximately $0.17 to $0.18 per share, with net sales of $10.1 billion, a 7.3% year-over-year decline [6]. - Dow's CEO attributed the disappointing results to a challenging earnings environment and announced a dividend cut from $0.70 to $0.35 per share, leading to a stock price drop of over 17% [6]. Legal Process - Investors who purchased Dow securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8].
JEF Investors Have Opportunity to Join Jefferies Financial Group Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-10-15 07:50
Core Viewpoint - The Schall Law Firm is investigating Jefferies Financial Group Inc. for potential violations of securities laws related to misleading statements and undisclosed information regarding its financial exposure to the bankrupt First Brands Group [1][2]. Summary by Relevant Sections - **Company Exposure**: Jefferies disclosed on October 8, 2025, that it has approximately $715 million in exposure to the receivables of First Brands Group, which constitutes about 25% of the trade finance portfolio of its Point Bonita subsidiary [2]. - **Market Reaction**: Following the announcement of this exposure, Jefferies' shares experienced a decline of about 8% on the same day [2].