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CGC DEADLINE: ROSEN, HIGHLY REGARDED INVESTOR RIGHTS COUNSEL, Encourages Canopy Growth Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important June 3 Deadline in Securities Class Action - CGC
GlobeNewswire News Room· 2025-05-28 22:38
NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Canopy Growth Corporation (NASDAQ: CGC) between May 30, 2024 and February 6, 2025, both dates inclusive (the "Class Period"), of the important June 3, 2025 lead plaintiff deadline. SO WHAT: If you purchased Canopy Growth securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangem ...
Kuehn Law Encourages Investors of Integral Ad Science Holding Corp. to Contact Law Firm
GlobeNewswire News Room· 2025-05-28 22:14
NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Integral Ad Science Holding Corp. (NASDAQ: IAS) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Integral Ad Science caused the company to misrepresent or fail to disclose that (i) that IAS was experiencing a new material trend of increased competitive pricing pressures and that, as a result, IAS had b ...
Kuehn Law Encourages Investors of ModivCare, Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-05-28 22:06
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of ModivCare, Inc. related to misrepresentation of financial conditions and operational performance [1] Group 1: Legal Investigation - Kuehn Law is looking into whether ModivCare's insiders misrepresented or failed to disclose critical information regarding contracts in the non-emergency medical transportation (NEMT) segment [2] - The investigation focuses on claims that these misrepresentations led to a deterioration in the company's free cash flow and negatively impacted adjusted EBITDA due to contract renegotiations and pricing accommodations [2] Group 2: Financial Implications - The company reportedly faced insufficient liquidity as a result of the aforementioned issues, which raises concerns about its financial stability [2] - Positive statements made by the company regarding its business operations and future prospects were deemed materially misleading and lacked a reasonable basis [2]
CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Viatris (NASDAQ: VTRS) Investors to Inquire About a Securities Fraud Class Action by June 3, 2025
Prnewswire· 2025-05-28 13:06
PHILADELPHIA, May 28, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against VIATRIS INC. ("Viatris" or the "Company") (NASDAQ: VTRS) on behalf of purchasers of Viatris securities between August 8, 2024 through February 26, 2025, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired Viatris securities during the Class Period may, no later than JUNE 3, 2025, seek to be appointed as a lead plaintiff representative ...
Shareholders who lost money on Krispy Kreme, Inc. (NASDAQ: DNUT) Should Contact Wolf Haldenstein
GlobeNewswire News Room· 2025-05-28 02:08
Core Viewpoint - A securities class action lawsuit has been filed against Krispy Kreme, alleging false or misleading statements regarding its partnership with McDonald's and the subsequent decline in product demand [1][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals or entities who purchased Krispy Kreme securities between February 25, 2025, and May 7, 2025 [1]. - Investors have until July 15, 2025, to request to be appointed as Lead Plaintiff for the class [2]. Group 2: Allegations Against Krispy Kreme - Krispy Kreme allegedly failed to disclose a significant decline in demand for its products at McDonald's following the initial marketing launch [7]. - This decline resulted in lower average sales per location and indicated that the partnership with McDonald's was not profitable [7]. - The issues raised in the lawsuit suggest risks to the continuation of the partnership, leading Krispy Kreme to pause its expansion to new McDonald's locations [7]. Group 3: Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors [4]. - The firm emphasizes its commitment to seeking justice for investors who have suffered financial harm due to misrepresented statements [4].
NPWR STOCKHOLDERS: Contact Robbins LLP for information About How to Lead the Class Action Against NET Power Inc.
Prnewswire· 2025-05-28 00:54
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, alleging that the company misled investors regarding the timeline and costs associated with Project Permian [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that NET Power failed to disclose that Project Permian was unlikely to be completed on schedule and would incur significantly higher costs due to supply chain issues and site-specific challenges [2]. - Following the announcement of third quarter 2023 results, NET Power's stock fell over 18% after revealing a 12-month delay in the project timeline, now expecting initial power generation between the second half of 2027 and first half of 2028 [3]. - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, a significant increase from the previous estimate of $1.1 billion, and announced a further delay to no earlier than 2029, causing the stock price to drop over 31% [4]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers by June 17, 2025, although participation is not required to be eligible for recovery [5].
Red Cat Holdings, Inc Stock News: Robbins LLP Reminds Stockholders that RCAT is Being Sued for Misleading Investors
GlobeNewswire News Room· 2025-05-27 22:24
Group 1 - A class action has been filed on behalf of investors who purchased Red Cat Holdings, Inc. (NASDAQ: RCAT) securities between March 18, 2022, and January 15, 2025 [1] - The allegations include that Red Cat Holdings misled investors regarding its production capacity at the Salt Lake City Facility and overstated the value of the SRR Contract [2] - Kerrisdale Capital reported that the SRR Contract was valued between $20 million and $25 million, significantly lower than previously stated, leading to a 21.54% drop in Red Cat's stock price [3] Group 2 - Shareholders interested in serving as lead plaintiff have until July 22, 2025, to seek this status in the class action [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]
INVESTOR ALERT: Investigation of Savara Inc. (SVRA) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-05-27 19:53
ATLANTA, May 27, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Savara Inc. (“Savara” or the “Company”) (NASDAQ: SVRA) complied with federal securities laws. On May 27, 2025, Savara announced that it had received a refusal to file letter from the FDA for the Biologics License Application of MOLBREEVI as a therapy to treat patients with autoimmune pulmonary alveolar proteinosis. Following this news, the price of the Company’s stock dropped. If you purchased Savara stock and suffered ...
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of June 3, 2025 Lead Plaintiff Deadline in the Everus Construction Group, Inc. (ECG) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm
GlobeNewswire News Room· 2025-05-27 16:17
Core Points - A shareholder class action lawsuit has been filed against Everus Construction Group, Inc. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that Everus's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delays in revenue recognition [1] Legal Context - Shareholders who purchased shares of Everus between October 31, 2024, and February 11, 2025, or held MDU Resources Group, Inc. common stock as of October 21, 2024, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is June 3, 2025 [3]
DEADLINE NEXT WEEK: Berger Montague Advises Viatris (NASDAQ: VTRS) Investors to Contact the Firm Before June 3, 2025
GlobeNewswire News Room· 2025-05-27 14:38
PHILADELPHIA, May 27, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Viatris Inc. (“Viatris” or the “Company”) (NASDAQ: VTRS) on behalf of purchasers of Viatris securities between August 8, 2024 through February 26, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired Viatris securities during the Class Period may, no later than JUNE 3, 2025, seek to be appointed as a lead plaintiff represent ...