Core Viewpoint - CarMax, Inc. is under investigation for potential violations of federal securities laws, following a significant decline in sales and earnings attributed to a temporary demand boost from U.S. tariffs on cars [1][2][3]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into CarMax for possible securities law violations [1]. - The investigation is prompted by discrepancies between CarMax's claims of strong demand and the reality of declining sales figures [2]. Group 2: Financial Performance - In fiscal Q2 2025, CarMax reported 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 [3]. - Net earnings for Q2 were approximately $95.4 million, down from $132.8 million in the previous year, indicating a significant drop in profitability [3]. - The decline in sales was attributed to a "pull forward" in demand due to the announcement of tariffs, which led to a stock price drop of about 20%, from $57.05 to $45.60 per share [3].

Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its North American sales growth [1][3]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [2]. Sales Performance - The company previously claimed that its fast-growing customer base was a key aspect of its competitive positioning and that its North American business results demonstrated inherent strength [3]. - However, it appears that North American sales may have been artificially inflated due to temporary inventory loading by channel partners rather than sustainable customer demand [3]. Financial Results and Stock Impact - On August 19, 2025, James Hardie reported a 12% decline in North American net sales for fiscal Q1 2026, attributing this to lower volumes as customers adjusted inventory levels [4]. - Following this announcement, the stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 to $18.64 [4].

Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its sales growth driven by temporary trade inventory loading rather than genuine consumer demand [1][2]. Group 1: Company Overview - BellRing Brands operates in the convenient nutrition category, primarily known for its brands Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2]. - The company reported that Premier Protein achieved an all-time high in household penetration, indicating strong demand and growth across all channels due to distribution expansion and promotional activities [2]. Group 2: Sales Growth Concerns - The sales growth during the relevant period may have been artificially inflated due to temporary trade inventory loading at key retailers, raising questions about the sustainability of this growth [2]. - On May 5, 2025, BellRing disclosed that several key retailers had reduced their weeks of supply, which would negatively impact growth in Q3 2025, leading to a significant stock price drop of over 18% [3]. - Following disappointing quarterly consumption figures for Premier Protein RTD Shakes on August 4, 2025, the stock price fell nearly 33%, indicating a misalignment between expected and actual sales performance [4].

Core Points - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws [1][2] - The lawsuit is based on claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, with the case pending in the U.S. District Court for the Southern District of New York [2] Company Overview - Charter is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program (ACP), which provided funding to subsidize high-speed internet plans for low-income households [3] - The ACP ended in June 2024 due to a lack of federal funding, leading to customer declines for Charter [3] Financial Impact - During the relevant period, Charter claimed to have successfully managed the impact of the ACP's end, stating that the effects were behind them [4] - However, the company continued to experience declines in internet customers and revenue due to the program's termination [4] Stock Performance - On July 25, 2025, Charter reported a decrease of 117,000 total internet customers in Q2 2025, including approximately 50,000 disconnects related to the end of the ACP, nearly double from the previous quarter [5] - Following this announcement, Charter's stock price fell by $70.25 per share, or 18.4%, from $380.00 on July 24, 2025, to $309.75 on July 25, 2025 [5]

, /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Sina Corporation (Other: SINA) ("Sina" or the "Company") on behalf of investors who sold Sina shares, including those that sold into Sina's go-private merger, during the period from October 13, 2020 through March 22, 2021 (the "Class Period"). The Complaint alleges that the Defendants concealed the true value of the Company's investment in TuSimple, an autonomous trucking firm based in the U.S. A ...

Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., No. 25-cv-06747 (S.D.N.Y.) and involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [2][6]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, which led to a decline in Internet customers and revenue [4]. - It is alleged that the company did not execute broader operations effectively to compensate for the ACP's end, resulting in greater risks to business plans and earnings growth than reported [4]. - The lawsuit highlights that Charter Communications had no reasonable basis for optimistic statements regarding its operations and EBITDA growth [4]. Group 3: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5%, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [5]. - Following this announcement, Charter Communications' stock price fell by more than 18% [5]. Group 4: Law Firm Background - 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 ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].

Core Viewpoint - The Molina Healthcare class action lawsuit alleges that the company and its executives failed to disclose significant adverse information regarding its financial health and operational challenges during the specified class period, leading to substantial losses for investors [4][5][6]. Group 1: Class Action Details - The class action lawsuit is titled Hindlemann v. Molina Healthcare, Inc., and covers purchasers of Molina Healthcare securities from February 5, 2025, to July 23, 2025 [1]. - Investors have until December 2, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims violations of the Securities Exchange Act of 1934 by Molina Healthcare and its top executives [1]. Group 2: Allegations Against Molina Healthcare - The lawsuit alleges that Molina Healthcare failed to disclose material adverse facts 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 behavioral health, pharmacy, and inpatient and outpatient services [4]. - The lawsuit asserts that Molina's financial guidance for fiscal year 2025 was likely to be cut due to these undisclosed issues [4]. Group 3: Financial Impact and Stock Performance - 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's stock price fell significantly, reflecting investor concerns over the company's financial outlook [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 the second quarter, an 8% decrease year-over-year [6]. - The stock price reportedly dropped nearly 17% after this news, indicating a strong negative market reaction [6]. Group 4: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Molina securities during the class period to seek lead plaintiff status [7]. - The lead plaintiff will represent the interests of all class members and can select a law firm for litigation [7]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

RADNOR, Pa., Oct. 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. (“Fortinet”) (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is November 21, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Fortinet lo ...

NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- If you have suffered a loss on your Savara Inc. (“Savara” or the “Company”) (NASDAQ:SVRA) investment, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until November 7, 2025 to ask the Court to appoint them as lead plaintiff. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Happened? On May ...

RADNOR, Pa. , Oct. 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Dow Inc. (“Dow”) (NYSE: DOW) on behalf of those who purchased or otherwise acquired Dow securities between January 30, 2025, and July 23, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is October 28, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Dow losses, you may CLICK HERE or ...